Algorand CEO Steven Kokinos Departs, Interim Replacement Named
The blockchain technology company appointed Sean Ford to replace Kokinos for the time being.
Jul 27, 2022 at 3:35 p.m. UTCUpdated May 11, 2023 at 5:40 p.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4JNARJN3E5CA7MTOBOGRKV5FL4.jpg)
Algorand founder Silvio Micali speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk)
/arc-photo-coindesk/arc2-prod/public/LXF2COBSKBCNHNRE3WTK2BZ7GE.png)
Algorand has promoted Chief Operating Officer W. Sean Ford to interim CEO, effective immediately. Ford will succeed G. Steven Kokinos, who is leaving to “pursue other interests.”
- Kokinos, who joined Algorand in 2018 after founding software development firm Fuze, will serve as a senior advisor to the company until mid-2023.
- Ford – who also joined Alogrand in 2018 – had previously been chief marketing officer at remote software company LogMeIn. At Algorand, he has overseen go-to-market execution and operations.
- "We thank Steven for his time and dedication to Algorand," said company founder Silvio Micali. "He has been instrumental to the initial success of our business, and we appreciate his commitment to a seamless transition. ... Sean is well positioned to partner with me to keep the company operations running business as usual, and to help us transition Algorand to our next phase of growth."
- Algorand token algo (ALGO) is little-changed, remaining down about 90% from its all-time high touched in September of last year.
13:18
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
00:57
Why Core Scientific is Focused on 2028
02:14
Bitcoin, Ether Rise Amid ETF Steam in Hong Kong; Solana's Latest Update
01:06
Bitcoin Whales Yet to Resume Accumulation: IntoTheBlock
:format(webp)/s3.amazonaws.com/arc-authors/coindesk/6205601f-70f8-400c-8219-e81039da93cc.png)
Brandy covered crypto-related venture capital deals for CoinDesk.