Grayscale Chief Financial Officer Edward McGee is stepping down after seven years at the crypto asset management company, 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 due to “any conflict with the company or its operations, policies or practices,” according to the filing.
The company has appointed Kathryn Masci and Daniel Plourde as interim co-chief financial officers. Mr. Masci will also serve as Chief Financial and Accounting Officer and will join the Board of Directors.
Mr. Masci joined Grayscale in 2020 and most recently served as Senior Vice President of Finance.
Previously, he held finance and accounting roles at Garrison Capital, Pzena Investment Management, and Ernst & Young. Mr. Prude joined Grayscale in 2022 after holding senior positions at Gabelli Asset Management and State Street Global Advisors. He also served as accounting assistant for Grayscale Funds Trust.
The change in leadership follows the recent resignation of another executive. Just a few weeks ago, Managing Director and Head of Distribution and Partnerships John Hoffman left Grayscale to join tokenized asset platform Ondo Finance.
