Ledger Appoints President, Pascal Gauthier as CEO, Larchevêque to Serve a Chair of Board
Security-based hardware solutions provider, Ledger has recently announced its devices’ compatibility to the Binance DEX, as reported by Bitcoin Exchange Guide (BEG). Amidst this news comes a recent update regarding the firm’s leadership.
As reported by Yahoo Finance, who seems to have referenced news outlet, The Block, Eric Larchevêque will no longer serve as the CEO, but instead as the Executive Chairman of the Board. The new appointed CEO is Ledger’s President, Pascal Gauthier.
Gauthier seems to have shared that trust in Ledger has been on a continuous rise, mentioning that they’ve secured trust not only from crypto fanatics, but are also beginning to gain it from “institutional investors, family offices and exchanges.” Gauthier will supposedly focus on the “development strategy”, while Larchevêque will highlight the firm’s “vision” and will be working towards ensuring that the regulatory aspects are met and said individuals are satisfied.
When it comes to the reason why such a change was necessary, Pascal Gauthier argued that given the constant flux in the crypto sphere, being able to “forecast the right moves is instrumental,” adding that this can only be attained by changing the management.
Crypto markets have been unpredictable for some time, even experts cannot seem to accurately predict its outcomes. Do you think the given reason suffices? Let us know in the comments below!