RICHMOND, Va. -

You might say the executive set to become the chief financial officer at CarLotz possesses a stylish and flavorful professional background that includes multiple mergers and acquisitions.

Tom Stoltz, who has held executive positions at companies such as Food Lion and Citi Trends, has been appointed as CFO of CarLotz in a move that’s effective Nov. 30. Stoltz will report to CarLotz chief executive officer and co-founder Michael Bor.

The appointment arrives not only long after the arrival of Becca Polak as the company’s first chief commercial officer and general counsel while CarLotz announced it would become a public company via a merger that is subject to certain closing conditions with special purpose acquisition company Acamar Partners Acquisition Corp.

Stoltz, a veteran senior finance professional with close to three decades of public and private company experience, brings extensive retail industry expertise to the role and most recently served as the chief financial officer of Chicago-based Portillos Hot Dogs. Previously, Stoltz held roles with Fortune 500 companies Dollar General and Food Lion, as well as senior roles at a number of retail industry public and private companies.

“CarLotz has experienced incredible growth in recent years, and the transaction to become a public company will take the company to the next level,” Bor said in a news release.

“As the business rapidly scales, we are fortunate to have Tom join with his deep knowledge and skill set, coupled with his strong retail experience,” Bor continued. “I am confident that Tom’s experience will help us grow the business and execute against our long-term goals.”

Additionally, Stoltz previously served as chief financial officer and chief operating officer of Body Central, a prime destination for trendy women’s apparel at affordable prices, where he led a change in control capital raising transaction.

Prior to Body Central, Stoltz served as the CFO of Citi Trends, Cato Corp. and Fanatics, where he led the M&A process in 2011 to sell the family business to GSI Commerce.

Stoltz also has completed two prior IPOs in his career at Factory Card and Party Outlet in 1996 and again with Citi Trends in 2005.

“I am thrilled to join the exceptional CarLotz team at this important inflection point in the growth of the company,” Stoltz said. “CarLotz continues to produce exceptional annualized growth rates and the company’s future looks immensely promising as the only consignment-to-retail sales operation in the used-vehicle industry.

“I am excited to build on CarLotz’ impressive track record of excellence and growth and look forward to working closely with Michael and the rest of CarLotz’ outstanding management team,” he continued.

Steve Carrel, who is managing director at TRP Capital Partners, a leading private equity fund in the transportation sector and investor in CarLotz, added his perspective on Stoltz coming aboard this month.

“Tom brings the right skillset and experience to CarLotz at a pivotal time in its growth trajectory,” Carrel said. “As the company seeks to build out a national platform of hubs, and accomplish other critical growth initiatives, I’m confident Tom’s leadership and public company experience will help the company achieve its great potential.”