Coinbase has expanded its board of directors to a ten-man team by appointing three new executives. "Today we announce that Chris Lehane, Paul Clement, and Christa Davies are joining Coinbase’s Board of Directors," stated the exchange in a post on X.
Former Clinton Adviser Joins Coinbase’s Executives’ Board
The most striking of the new appointments is Chris Lehane, new board director at Coinbase. Chris Lehane was a senior executive - Vice President of Public Works at OpenAI, a US-based intelligence company.
He was also a former Clinton adviser before his recent appointment. Before President Clinton's double tenure in office from 1993 to 2001, Lehane functioned as his party strategist in 1992, contributing to his victory in the elections.
In addition to his many achievements, Lehane was instrumental in establishing Airbnb. For context, Airbnb is a US-based homestay experience rental company stationed in every state in the US and other locations worldwide.
Other Appointees
Christa Davies was also one of the other appointees. She has previously served as the Chief Financial Officer (CFO) for Aon, a management consultation company. Interestingly, she also served as Microsoft's CFO and will oversee Coinbase's finance operations, compliance, and auditing.
Paul Clement, the third appointee, was a partner at Clement & Murphy Law Firm. Additionally, he was the Attorney General during President George Bush's administration, which lasted two tenures. Following his new appointment, he will assist Davies in her roles and champion Coinbase in their legal confrontations with the US SEC.
Globally, new rules and policies have sprung up to incorporate cryptocurrency into economies' structures to enhance financing in general. Such appointments, interlacing the political and electronic finance spheres, bolster this motive.
Coinbase seemed to have recognized the above assertion following the latest appointments, "They each have different political philosophies and career paths, but all have arrived at the same conclusion: crypto is a powerful tool to update the system," stated Coinbase in the post.
Today we announce that Chris Lehane, Paul Clement, and Christa Davies are joining Coinbase’s Board of Directors.
— Coinbase 🛡️ (@coinbase) July 25, 2024
They each have different political philosophies and career paths but all have arrived at the same conclusion: crypto is a powerful tool to update the system. pic.twitter.com/bQyEtO6thl
