New Look Ledger Leadership

New Look Ledger Leadership

Leading crypto wallet Ledger yesterday revealed a boardroom shake-up in a letter by the leadership where a new CEO was announced.

The post on their blog revealed via two separate letters directed at users of Ledger. It began with a letter from the co-founder, Eric Larchevêque, who detailed a brief history of his involvement in the company, which launched back in 2014. Before announcing that he would be stepping aside from his role as the CEO.

Citing his reasons, he explained that the core issue was the rapidly evolving crypto market and being unable to juggle that with other commitments he had to the company. Stating, “I have come to the realization that I was spending all my time on day-to-day execution at the expense of critical high-level strategic thinking.”

However, he will not be leaving Ledger completely. Instead, he will be moving over to the role of Executive Chairman. Which, he went on to explain, will enable him “to properly focus on strategy and vision, while also overseeing regulator and government outreach, partnerships, customers, broader business relationships and technology thought leadership.”  While still staying in touch with crypto and consumer communities but with a more back seat role.

In his stead, Pascal Gauthier, the former company president, will take on the role as CEO. The second letter in the blog was penned by Gauthier. He opened the letter by stating “As the crypto industry grows, evolves and matures, so must our company. This is why I’m truly honored to become the CEO of Ledger.”

He went on to explain that his mission for the company will be customer orientated and he hopes to pull through on the trust Ledger has been instilled with. Explaining that he will “focus all of my attention and energy on growing an amazing tech company on both the retail and enterprise side.”

You can read the full letters here.

Recently Similar News

cex-promotion exmo-promotion

Latest Guides

Latest News

DLive,Increase,PewdiePie,YouTube

YouTuber Boosts Blockchain Gaming Platform Subscribers

The world’s most popular Youtuber, PewDiePie has caused a massive 67% increase on subscribers since joining DLive. Back in April, we reported on how the Swedish-born gamer and YouTube personality was set to join DLive, a gaming platform built on cryptocurrency. Well, it seems that he has made quite an impact already as their subscribers […]

22 May, 2019
Arrest,Bitcoin,Fraud,The Netherlands

Dutch Police Apprehend Million Dollar Bitcoin Fraudster

According to reports from the local press, the cybercriminal was apprehended in the small Dutch city, Apeldoorn. The suspected has been identified as  Berry van Mourik who back in 2017 accumulated $2.2million via a mining rig scam.  Van Mourik had held the position as a senior executive of two firms which sold rigs. He promised […]

22 May, 2019
Cryptocurrency,ForEx,Loss,Scam

The UK Sees £27million Lost to Crypto and Forex Scams

Two UK financial bodies have revealed that Britons lost a staggering £27million in scams involving cryptocurrency and Forex exchanges over the course of 2018/2019. The figure was uncovered by The Financial Conduct Authority (FCA), a UK financial watchdog, and, Action Fraud, a centre for scams and cybercrime. They revealed that most of the crime was […]

21 May, 2019
Cryptocurrency,Ethereum,Exchange Platforms,Trading

Ethereum Saw Highest Trading Volume Since 2017 Last Week

The second largest cryptocurrency in the world, Ethereum, has seen its largest weekly trading volume in over 19 months. The huge level of trading occurred at one of the industry’s leading exchange platforms, Coinbase. Where between last Monday and yesterday it saw 3,675,570 units trade in total, which would be valued in the range of $904.1 […]

20 May, 2019
Cryptocurrency,Ebay,Payment Solution

Ebay Quash Crypto Rumours

The notorious online auction site, eBay has refuted claims that they are intending to allow cryptocurrency transactions to made on their service. The rumours first popped up at the Consensus 2019 Summit, where leaked promotional adverts that read “Virtual Currency. It’s happening on eBay” seemed to indicate a move towards incorporating as a payment method. […]

20 May, 2019
Legislation,Money Laundering,Regulation,Tax

Cryptocurrency Legislation In Russia And Other Countries

With Bitcoin and the crypto markets experiencing a bull market, several national governments have aired their opinion on the need for cryptocurrency legislation in their respective countries. Russia’s Prime Minister, Dmitry Medvedev declared that the country is not eyeing any cryptocurrency regulation in the near future. The industry does not represent a priority for the […]

20 May, 2019
Bitcoin,litecoin,transactions

WhatsApp Allows Cryptocurrency Transactions Between Users

Users of the popular messaging platform, WhatsApp can now send and receive cryptocurrencies through the Lite.Im bot. For the time being Bitcoin and Litecoin will be available for such transactions, but as the system gains popularity other digital tokens are expected to join in. Used by over 1 billion people in 180 countries, the messaging […]

20 May, 2019
Bitfinex,Court Ruling,Scandal,Tether

Bitfinex Claim “Victory” Following High Court Ruling

Exchange platform, Bitfinex, who had got into a high-profile controversy over a bailout from Tether, have been celebrating after a Supreme Court ruled in favour of a modification of the injunction proposed on them.   If you had been following the news of late, then you would know that Bitfinex and Tether had come under […]

19 May, 2019