Polygon Labs has promoted its chief legal officer Marc Boiron to chief executive officer in a newly recreated role.
Boiron's promotion comes almost a year after he joined Polygon Labs last August from dYdX, a DeFi protocol. Boiron is an"ideal" person for the CEO role given his extensive involvement in shaping the Polygon Labs strategy and successful management of multiple departments for many months, the nine Polygon co-founders said in a joint statement shared with The Block. Boiron will report to the co-founders.
"I take great pride and joy in community building," said Nailwal said in the statement."This role enables me to continue in a fully executional role to continue to shape the future of the entire space, guided by the invaluable guidance and direction from the Polygon community." Meanwhile, Ryan Wyatt, president of Polygon Labs, is leaving his role at the end of the month and will continue as an advisor to the firm. Last month, Wyatt testified to the United States House of Representatives Energy and Commerce Committee's Subcommittee on Innovation, Data and Commerce after the Polygon blockchain's native token MATIC was
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