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Jesse Powell To Step Up Down As CEO Of Kraken

Written by: Qadir AK

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Sep 22, 2022

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A Wednesday report by The Wall Street Journal disclosed that Jesse Powell has decided to step down from his role as CEO of Kraken, the cryptocurrency exchange. 

Supposedly, Powell will be replaced by the company’s current chief operating officer, Dave Ripley. Although he has left behind the role as the head of the company, Powell has plans to continue playing an active role in Kraken as its biggest shareholder. He will be taking up the role of the chairman of the company’s board of directors.

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