Ripple CTO David Schwartz Steps Back, Transitions to CTO Emeritus Role

Ripple's tech leadership gets reshuffled as David Schwartz steps down from active CTO duties.
The Transition Plan
Schwartz isn't leaving the building entirely—he'll remain on board as CTO Emeritus, maintaining influence over Ripple's technical direction while handing off day-to-day operations. The move signals a strategic shift in Ripple's executive structure as the company navigates ongoing regulatory challenges and expanding global payment solutions.
Industry veterans recognize this as typical corporate musical chairs—another crypto executive 'stepping back' while still collecting those sweet advisory paychecks. Because in crypto, even when you're out, you're never really out when there's money on the table.