Grayscale appoints Goldman’s head of strategy as its new CEO
Peter Mintzberg succeeds Michael Sonnenshein, after stints at Goldman Sachs, BlackRock, OppenheimerFunds and Invesco
20 May 2024 - 21:19
byJaiveer Singh Shekhawat
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Bengaluru — Grayscale Investments on Monday said it has appointed Goldman Sachs executive Peter Mintzberg as its CEO, effective on August 15, weeks after the digital asset manager withdrew its application for ethereum futures exchange-traded fund (ETF).
Mintzberg succeeds Michael Sonnenshein, who has stepped down from the position to pursue other interests, the company said.
Grayscale is known for offering crypto investment products, including exchange traded funds that allow shareholders to gain exposure to cryptocurrencies such as bitcoin without holding it.
It withdrew its proposal for an exchange-traded fund tied to ether futures earlier this week after applying in September, shortly before the other ether futures ETFs began trading.
CFO Edward McGee, who has also been appointed principal executive officer, will take over CEO responsibilities until Mintzberg takes over in August.
Mintzberg will join Grayscale from Goldman Sachs, where he is the global head of strategy for asset and wealth management. Before that, he held several global leadership roles in strategy, mergers & acquisitions and investor relations at BlackRock, OppenheimerFunds and Invesco.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Grayscale appoints Goldman’s head of strategy as its new CEO
Peter Mintzberg succeeds Michael Sonnenshein, after stints at Goldman Sachs, BlackRock, OppenheimerFunds and Invesco
Bengaluru — Grayscale Investments on Monday said it has appointed Goldman Sachs executive Peter Mintzberg as its CEO, effective on August 15, weeks after the digital asset manager withdrew its application for ethereum futures exchange-traded fund (ETF).
Mintzberg succeeds Michael Sonnenshein, who has stepped down from the position to pursue other interests, the company said.
Grayscale is known for offering crypto investment products, including exchange traded funds that allow shareholders to gain exposure to cryptocurrencies such as bitcoin without holding it.
It withdrew its proposal for an exchange-traded fund tied to ether futures earlier this week after applying in September, shortly before the other ether futures ETFs began trading.
CFO Edward McGee, who has also been appointed principal executive officer, will take over CEO responsibilities until Mintzberg takes over in August.
Mintzberg will join Grayscale from Goldman Sachs, where he is the global head of strategy for asset and wealth management. Before that, he held several global leadership roles in strategy, mergers & acquisitions and investor relations at BlackRock, OppenheimerFunds and Invesco.
Reuters
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