Digital Asset Names Co-Founder Yuval Rooz As Their New CEO
Digital Asset (DA), an enterprise blockchain startup has a new chief executive officer, Yuval Rooz. A co-founder of the startup, Rozz has served both as COO and CFO at the firm.
Last year in December, DA’s iconic leader Blythe Masters left and AG Gangadhar stepped up as an acting CEO since then. As per the announcement on Tuesday, the Digital Asset’s board of directors unanimously voted to name Rooz chief executive and a board member. As for Gangadhar, he remains the executive chairman of the board. Gangadhar wrote an email to Digital Asset’s employees announcing Rooz as CEO. He stated in the mail:
“Along with the rest of the board, I feel very strongly that Yuval’s strategic agility, business acumen, mission-driven orientation and deep belief in our people and products make him uniquely qualified to lead Digital Asset successfully into the future.”
Soon after the Masters’ departure, DA has been observing a slew of employees leaving the firm including product manager for DAML, Sofus Mortensen, the firm’s smart contract programming language; Gavin Wells, head of Europe; and James Powell, CIO and CTO of engineering.
Shaul Kfir, CTO of architecture and a member of the founding team took over Powell’s responsibilities at DA. Zohar Hod, a trading technology veteran, was hired as chief strategy officer reporting to Rooz. The firm is still looking to replace Australian Securities Exchange’s (ASX) CHESS clearing and settlement system.