Grayscale CFO Retires After 7 Years as Crypto Asset Manager

Grayscale CFO Edward McGee has resigned after seven years at the crypto asset manager, becoming the latest top executive to leave the company, according to a filing with the U.S. Securities and Exchange Commission on Thursday.

McGee resigned effective July 2 for personal reasons and not because of “any disagreement with the company or its operations, policies or practices,” according to the document.

The company has named Kathryn Masci and Daniel Plourde as interim co-chief financial officers. Masci will also serve as chief financial and accounting officer and join the board of directors.

Masci joined Grayscale in 2020 and most recently served as senior vice president of finance.

Prior to that, he held finance and accounting positions at Garrison Capital, Pzena Investment Management and Ernst & Young. Plourde joined Grayscale in 2022 after holding senior positions at Gabelli Asset Management and State Street Global Advisors. He has also served as deputy treasurer of Grayscale Funds Trust.

The leadership change comes after another recent executive departure. Just a few weeks ago, CEO and head of distribution and partnerships, John Hoffman, left Grayscale to join tokenized asset platform Ondo Finance.

Leave a Comment

Your email address will not be published. Required fields are marked *