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. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/N6ITJ2ENKBE2HNPIZLTSKVD5AE.jpg)
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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.
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.
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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.
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