Grayscale CEO Steps Down and Appoints Successor
Grayscale CEO Michael Sonnenshein has stepped down, with Peter Mintzberg set to take over starting August 15, according to SEC filings. Sonnenshein, who joined the company in 2014, saw significant growth, eventually becoming CEO in 2021.
Mintzberg Takes the Helm
Peter Mintzberg, the former global head of strategy at Goldman Sachs Asset and Wealth Management, will succeed Sonnenshein. With experience at companies like BlackRock and OppenheimerFunds, Mintzberg brings a wealth of knowledge to his new role.
Changes at Grayscale
Grayscale, known for having the largest Bitcoin exchange-traded fund (ETF) with $19.37 billion of assets under management, is undergoing a transition in leadership. Sonnenshein’s departure marks a significant change for the company.