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Kraken Appoints Stephanie Lemmerman as CFO
Kraken, one of the longest-standing and most secure crypto platforms, today announced that Stephanie Lemmerman has been appointed as CFO. As the newly appointed CFO, Stephanie will take the reins at a company with over $1 billion net revenue.
Stephanie brings extensive financial leadership experience from her previous role as CFO at Dapper Labs, a leading company in the blockchain and NFT space. Stephanie will maintain a relationship with Dapper Labs as she will be stepping into a board position. Prior to her tenure at Dapper Labs, she served as CFO at Recharge Payments and EVP of Finance at Headspace. She spent 7 years at Activision Blizzard in roles overseeing global teams in Corporate Planning and Accounting.
Arjun Sethi, Co-CEO at Kraken, said, “Stephanie has deep expertise across fintech, gaming, and consumer crypto at scale. She’s one of the best financial and operations thinkers I’ve met in a long time. As we continue on our path of growth, I look forward to partnering with her to build more bridges into the world of crypto rails, and between traditional finance and decentralized financial technology.”
Dave Ripley, Co-CEO at Kraken, added, “Stephanie coming on board is a part of our commitment to charting a path to one day become a public company. She brings a powerful combination of financial leadership and a deep understanding of finance functions, both of which will be critical for our future plans.”
“I recognize that Kraken is at a key inflection point in its history,” said Lemmerman. “There’s just such an amazing opportunity ahead given where the crypto industry is right now. I truly believe in Kraken’s mission of financial freedom and inclusion and I couldn’t be more excited to join the team and help write our next chapter.”
Current CFO Carrie Dolan announced her intention to step down earlier this year, and she will continue to support Kraken through the transition.
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