Grayscale Leadership Change: Sonnenshein Steps Down — Goldman Sachs' Peter Mintzberg Appointed New CEO

Crypto asset manager Grayscale Investments has appointed Peter Mintzberg as CEO, effective August 15, 2024. Mintzberg, currently Global Head of Strategy for Asset and Wealth Management at Goldman Sachs, will also join Grayscale’s Board of Directors. He succeeds Michael Sonnenshein, who steps down to pursue other interests. CFO Edward McGee will serve as interim principal executive officer. Sonnenshein, CEO since 2021, expanded Grayscale from $60 million to $30 billion in assets under management and led a historic court victory against the U.S. Securities and Exchange Commission (SEC).