Coinbase Hires Goldman Veteran to Lead Financial Operations
It’s the latest in a long line of traditional finance executives exiting their positions to join the crypto industry.
Feb 25, 2022 at 2:56 p.m. UTCUpdated May 11, 2023 at 4:07 p.m. UTC
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Goldman Sachs partner Roger Bartlett is leaving the investment bank to run global financial operations at Coinbase (COIN), according to a LinkedIn post from Bartlett.
- “It’s time to embrace the cryptoeconomy,” wrote Bartlett, announcing the move after a 16-year run at Goldman, where he most recently led a team of about 2,500 as global co-head of operations for the bank’s global markets division.
- Coinbase has made no secret of its aggressive growth ambitions, saying in its earnings release Thursday night that it planned to spend $4.25 billion to $5.25 billion on tech/development, and general and administrative expenses this year. This includes a goal to hire 6,000 employees this year, largely for its technology and development teams.
- Financial News first reported Bartlett's move early Friday.
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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.