Brian Shroder, the president of Binance.US, has taken the helm as chief executive officer. He succeeds Brian Brooks, who left the company in August.
We’re excited to announce the appointment of Brian Shroder as CEO of https://t.co/AZwoBOy3iq. Brian will lead the company through our next stage of growth, as we continue to add new products and services for our customers.⁰⁰ https://t.co/HxSBFt1eF5 pic.twitter.com/Y5xCpjnSBt
— Binance.US 🇺🇸 (@BinanceUS) October 8, 2021
In May 2021 Binance.US announced the appointment of Brooks as CEO of the company. However, after three months the executive left the post, citing “different views on the strategic direction of development” as among the reasons for leaving.
Founder Changpeng Zhao allegedly disagreed with Brooks’s proposed plan to address regulatory issues in the United States. The latter proposed appointing independent directors to Binance.US’s board, raising $100 million in capital to ensure the unit’s financial independence, and transferring Binance’s technology to servers located in the United States.
Shroder was appointed president of Binance.US in September 2021. Previously he led business development at Ant Group and oversaw the company’s operations in Southeast Asia. Before that, he held the position of head of Strategy and Business Development for Uber in the Asia-Pacific region.
“I look forward to the continued growth of our team as we expand our suite of products and services, taking the first steps on the path to IPO,” said Shroder.
Binance.US also said that chief financial officer Joshua Sroge will depart the company. His duties will be temporarily carried out by Eric Sigal. The unit will continue to search for a permanent CFO with the help of Reynolds Associates.
In September Binance hired a former Internal Revenue Service official IRS Tigran Gambaryan as vice president of the company’s global intelligence and investigations.
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