Coin Edition -
- Kathryn Haun has announced she will be stepping down from the Coinbase (NASDAQ:COIN) board later this year.
- Haun has served as a Coinbase board member for more than seven years.
- According to Haun, she will leave Coinbase to double down her efforts on Haun Ventures.
Kathryn Haun, a long-serving board member at Coinbase, has announced she will be stepping down from the position later this year. In a post on X, Haun, who has served for more than seven years, noted she will be leaving the position to enable her focus on Haun Ventures, a crypto stack-supporting platform.
I’ll be stepping off the @Coinbase board later this year at the end of my third term, after 7+ years. Crypto is in a remarkable expansion state, and Coinbase is well-positioned to thrive. @HaunVentures is similarly expanding, and this feels like the right time for me to…— Kathryn Haun (@katie_haun) April 20, 2024
Haun highlighted that crypto is remarkably expanding, with Coinbase well-positioned to thrive. She also acknowledged the expanding situation of Haun Ventures, noting that this is the right time for her to double down on supporting the platform’s growing portfolio of founders. Haun also thinks it is the right time for Haun Ventures to work towards building a lasting venture franchise.
Meanwhile, the outgoing board member appreciated her time at Coinbase, describing it as an “incredible journey.” Haun joined the Coinbase team in 2017 and has served through the company’s growth processes and that of cryptocurrency. According to her, she was there when Coinbase became the first publicly traded crypto company, leading the fight for global regulatory clarity. She also played a role when the crypto exchange launched many pieces of market and technology infrastructure, most recently Base.
Haun appreciated Coinbase founder Brian Armstrong, other board members, and the entire Coinbase leadership in her post. She considers herself lucky to have several Coinbase alums on the Haun Ventures team and as portfolio founders, noting that Coinbase is an extraordinary incubator for entrepreneurial talent.
In conclusion, Haun noted that she will always support Coinbase and remain close to the Company’s leadership even after leaving the company. She appreciated her time at the company, describing it as an “amazing ride.”
The post Kathryn Haun to Step Down From Coinbase Board Later This Year appeared first on Coin Edition.