With IPO Approaching, Grayscale Founder Barry Silbert Returns as Chairman of the Board

According to ChainCatcher, as reported by The Block, Grayscale Investments has announced four senior executive appointments and welcomed back founder Barry Silbert as Chairman of the Board following the submission of a confidential IPO application. The newly appointed executives are: Chief Operating Officer Diana Zhang, Chief Marketing Officer Ramona Boston, Chief Communications Officer Andrea Williams, and Chief Human Resources Officer Maxwell Rosenthal. All four will report to CEO Peter Mintzberg and come from leading traditional financial institutions, including Bridgewater Associates, Apollo Global Management, Goldman Sachs, and Citadel.

Barry Silbert founded Grayscale in 2013 and stepped down as Chairman at the end of 2023. He will now succeed Mark Shifke as Chairman of the Board, while Shifke will remain on the board, bringing the total number of board members to five. The company stated it is considering adding independent directors.

Barry Silbert commented, "I am honored to rejoin the board at such a pivotal moment for the company and the broader digital asset ecosystem. I have always believed in the company’s long-term positioning and the leadership team guiding it forward."