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Ex-Goldman Sachs Executive Peter Mintzberg to Succeed Michael Sonnenshein as CEO of Grayscale Investments

Algoine News
Summary:
Michael Sonnenshein is ending his tenure as CEO of Grayscale Investments LLC. He will be succeeded by ex-Goldman Sachs executive Peter Mintzberg, starting Aug 15, as announced by Barry Silbert, CEO of Grayscale's parent firm, Digital Currency Group. Silbert perceives Mintzberg's appointment as a new growth phase for Grayscale, a key crypto asset management firm established in 2013 and currently manages assets over $50 billion. The story is progressing, with more updates to follow.
Michael Sonnenshein will be exiting his position as Grayscale Investments LLC's Chief Executive Officer. Peter Mintzberg, a prior Goldman Sachs senior executive, has been appointed to take Sonnenshein's place beginning August 15, as disclosed by Barry Silbert, the CEO and founder of Digital Currency Group (DCG), Grayscale's parent organization. Silbert's May 20 posting conveys his enthusiasm to welcome Mintzberg, who brings over two decades of proficiency from esteemed asset management companies like BlackRock, OppenheimerFunds & Invesco, marking a significant phase for Grayscale's evolution. Grayscale, established in 2013, is recognized as one of the world's leading cryptocurrency asset management firms, managing more than $50 billion in assets as of September 2021. Additional details relating to this unfolding news report will be updated as they come in.

Published At

5/20/2024 4:23:25 PM

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