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CoinDesk's Leadership Shake-up: CEO Kevin Worth Steps Down in Bullish-Led Overhaul

Twitter icon  •  Published il y a 2 mois  •  Nikolas Sargeant

CoinDesk undergoes a Bullish-led transformation. CEO Kevin Worth exits, replaced by Sara Stratoberdha, ensuring ongoing independence.

Key Members of CoinDesk's Leadership Team Exit

The restructuring extends beyond the CEO role, impacting several key members of CoinDesk's leadership team. Elinor Hirschhorn (COO), John DeGuenther (VP of Engineering), and Emily Parker (Executive Director of Global Strategy) are among those departing. Discussions are ongoing regarding Chief Content Officer Michael Casey's role, which will no longer be full-time.

Bullish's acquisition of CoinDesk last year in an undisclosed all-cash deal marked a turning point. Despite the ownership shift, Bullish affirmed CoinDesk's autonomy, and now, with the restructuring, certain functions will align with Bullish's structure. This includes integrating CoinDesk's technology and product teams with Bullish.

Bullish's Acquisition of CoinDesk

Bullish's acquisition of CoinDesk came after a tumultuous period for the media company and its former owner, Digital Currency Group (DCG). CoinDesk's report on FTX's balance sheet played a role in FTX's downfall, impacting DCG, leading to a lawsuit from the New York Attorney General's office over alleged misleading of investors.

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.