Polygon Names New CEO, Shuffles Top Executives as SEC Expands Oversight
- Crypto project gets new CEO, legal head as president exits
- Polygon’s MATIC was named as a security in the US last month
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Polygon Labs, the main software developer behind the namesake blockchain project, is reorganizing its leadership team, including appointing a new chief executive officer. The reshuffle comes a month after the US Securities and Exchange Commission said it considered Polygon’s native token to be a security.
Marc Boiron will serve in the newly created role of CEO, leaving his current role as chief legal officer, according to a press release. Boiron will report to Polygon’s founders including Sandeep Nailwal directly. His chief legal position will be filled by Rebecca Rettig, who in a follow-up tweet said she’ll also retain her position as chief policy officer.