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Did Binance lose CEO Brian Shroder?

Binance.US has lost two more high-level executives, not long after the crypto exchange lost CEO Brian Shroder amid intensifying regulatory scrutiny. Head of Legal Krishna Juvvadi and Chief Risk Officer Sidney Majalya are leaving the company, the Wall Street Journal reported, citing people familiar with the departures.

Who is replacing Brian Shroder at Binance?

Brian Shroder, who took the helm of Binance.US in 2021, will be succeeded on an interim basis by the company’s chief legal officer, Norman Reed, according to a company spokesperson. The company is also cutting about one-third of its workforce—or more than 100 employees. Copyright © 2023 Dow Jones & Company, Inc.

Who is Brian Shroder?

Binance.US announced today that Brian Shroder has been appointed Chief Executive Officer (CEO). Shroder was appointed President of Binance.US in September and has been helping to lead the company’s strategy and execution, fundraising, business and corporate development as well as legal, human resources, and product & technology functions.

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