Galaxy Digital Appoints Ex-Goldman Sachs Executive as Chairman

Mike Novogratz will remain as CEO as the firm plans for a U.S. stock offering later in the year.

Apr 16, 2021 at 12:24 p.m. UTC
Updated Sep 14, 2021 at 12:41 p.m. UTC

Galaxy Digital named former Goldman Sachs executive Michael Daffey as its chairman.

  • The appointment, announced Friday, is in preparation for the firm’s U.S. public stock offering.
  • The investment management firm currently trades on the Toronto Stock Exchange.
  • Mike Novogratz, who will remain as CEO, said in March that the company will list in the U.S. in the second half of the year.
  • Daffey was most recently chairman of Goldman Sachs’ global market division, with his retirement announced in March.
  • He also recently bought a $51 million New York City mansion previously belonging to convicted sex criminal Jeffrey Epstein.

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