Nathan Faust

Nate Faust is an entrepreneur, investor and advisor. As Co-Founder of Olive, a delivery start-up for luxury goods which consolidates a shopper’s purchases into a single weekly delivery in a reusable package, he seeks to eliminate single-use, one-way packaging. Olive works with hundreds of different apparel brands and retailers, including Adidas, Anthropologie, Everlane, Hugo Boss, Outdoor Voices and Saks Fifth Avenue.

Prior to Olive, Faust was the head of US eCommerce Supply Chain and Logistics at Walmart and a co-founder of Jet.com, which was acquired by Walmart in September 2016. Faust managed teams across inventory management, fulfillment, network strategy and optimization, operations engineering, and inbound and outbound transportation to ensure products were always in stock at Walmart and delivered on time and efficiently to customers.

Prior to its acquisition, Faust was the COO of Jet.com where he oversaw inventory management, fulfillment, transportation, customer service, and the JetEngine team (the behind-the-scenes analytics and optimization that drive real-time variable pricing and search results on Jet.com).

Before Jet, Faust was a member of the senior leadership team and Vice President of special operations at Quidsi, the parent company of Diapers.com, Soap.com and other specialty sites, that was acquired by Amazon. At Quidsi, Faust led development of all of Quidsi’s operational systems and created one of the fastest delivery networks in e-commerce. Before Quidsi, Faust was a consultant at Oliver Wyman and worked in investment banking at Deutsche Bank.

He has an MBA from Harvard Business School and graduated cum laude with a BSE in Operations Research and Financial Engineering from Princeton. While at Princeton, Faust was president of the Foundation for Student Communication, publisher of Business Today magazine.