Grayscale’s chief financial officer Edward McGee has stepped down after seven years at the crypto asset manager, becoming the latest senior executive to leave the company, according to a filing with the U.S. Securities and Exchange Commission on Thursday.
McGee resigned effective July 2 for personal reasons and not because of “any disagreement with the company or its operations, policies or practices,” the filing said.
The company has named Kathryn Masci and Daniel Plourde as interim co-chief financial officers. Masci will also serve as principal financial and accounting officer and join the board of managers.
Masci joined Grayscale in 2020 and most recently served as senior vice president of finance.
Before that, she held finance and accounting roles at Garrison Capital, Pzena Investment Management and Ernst & Young. Plourde joined Grayscale in 2022 after senior positions at Gabelli Asset Management and State Street Global Advisors. He has also served as assistant treasurer of the Grayscale Funds Trust.
The leadership change follows another recent executive departure. Just weeks ago, managing director and head of distribution and partnerships John Hoffman left Grayscale to join tokenized asset platform Ondo Finance.