Kraken announced Dave Ripley as Jesse Powell's successor in 2022

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Archive note: This article records a leadership succession announced on 21 September 2022.

Kraken announced that chief operating officer Dave Ripley would succeed Jesse Powell as chief executive after the company completed a search for a new COO. Powell was to remain involved as board chair.

The announcement was a planned succession, not an immediate unexplained resignation. Later Kraken material identified Ripley as CEO. Leadership announcements do not establish an exchange's financial condition or the suitability of its services.

Primary sources: Kraken succession announcement; Kraken 2024 leadership update.

This historical report does not recommend an exchange.

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