Kraken Appoints Stephanie Lemmerman as CFO to Drive Financial Growth
Slice of Finance Team
11/06/2024
Key Highlights:
- Kraken welcomes Stephanie Lemmerman as CFO, strengthening its leadership team amid $1B+ net revenue.
- Stephanie brings extensive financial expertise from roles at Dapper Labs, Recharge Payments, and Activision Blizzard.
- Co-CEOs Arjun Sethi and Dave Ripley underscore Lemmerman's role in Kraken's growth and potential public listing ambitions.
- Current CFO Carrie Dolan will assist with the transition, ensuring continuity for Kraken's financial strategies.
- Kraken ranked in Newsweek’s Global Top 100 Most Loved Workplaces for the second consecutive year.
Source: Business Wire
Quotes
“ “There’s just such an amazing opportunity ahead given where the crypto industry is right now. I truly believe in Kraken’s mission of financial freedom and inclusion and I couldn’t be more excited to join the team and help write our next chapter.” ”
Stephanie Lemmerman, CFO at Kraken
Our Take:
Kraken’s strategic appointment of Stephanie Lemmerman as CFO signals its ambitions to accelerate growth and explore the potential of becoming a public company. Her background in blockchain and fintech, especially from Dapper Labs and Activision Blizzard, aligns well with Kraken’s goal of bridging traditional and decentralized finance. Co-CEOs Arjun Sethi and Dave Ripley’s remarks highlight Lemmerman’s role in guiding Kraken’s financial strategy during a time of significant opportunity in the crypto industry. This move positions Kraken not only to expand its platform but also to solidify its standing as a leader in secure, mission-driven crypto solutions.
