Binance.US Bumps Brian Shroder to CEO; CFO Departs

The U.S. arm of the cryptocurrency exchange giant named Eric Segal as its interim CFO.

AccessTimeIconOct 8, 2021 at 4:33 p.m. UTC
Updated May 11, 2023 at 4:11 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Binance.US has promoted Brian Shroder to CEO, the U.S. arm of the cryptocurrency exchange announced on Friday.

  • Shroder was already serving as Binance.US’ president and as a board member. He was previously a strategist and business development executive at Ant Group, an affiliate company of Chinese internet giant Alibaba, and was also an executive at Uber.
  • Shroder had been appointed president in September following the abrupt departure of former CEO Brian Brooks. Brooks, the ex-head of the U.S. Office of the Comptroller of the Currency, had been the CEO for just four months.
  • Binance.US also announced it was appointing Eric Segal as its interim chief financial officer (CFO) replacing Joshua Sroge, who is leaving the company.
  • “I look forward to growing our team further as we continue to expand our products and services and begin our initial first steps on our pathway to IPO,” Shroder said in a statement.
  • Segal will serve as CFO until a permanent CFO is appointed. The company said that it was working with the executive recruiting firm Russell Reynolds Associates on a permanent replacement.

UPDATED (Oct. 8 16:51 UTC): Updated with information about Shroder’s previous positions in the first bullet point.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.

James Rubin

James Rubin was CoinDesk's U.S. news editor based on the West Coast.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Read more about