The Miami Entrepreneur

Coinbase chief product officer to step down as company reorganizes business

Read Time:42 Second

Coinbase Global Inc. disclosed Wednesday that its chief product officer, Surojit Chatterjee, will step down from that position as of Nov. 30, though he will stay in an advisory role at Coinbase at least through Feb. 3, 2023. The change was “mutually agreed” upon by both Chatterjee and the company, according to a filing with the Securities and Exchange Commission. The filing noted that the company’s “product, engineering and design teams are being reorganized within a product group structure under which the leaders of such groups will assume responsibility for Coinbase’s product offerings.” Shares were up 0.3% in after-hours trading Wednesday. The company is due to post third-quarter results following Thursday’s closing bell.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Sinclair Broadcast stock falls after double downgrade warns of ‘multiple pressures’
Next post Lumen Technologies stock drops 14% after Q3 earnings, sales miss