Coinbase hires Fannie Mae exec Brian Brooks as chief legal officer – TechCrunch


Coinbase has made yet one more addition to its C-suite. The cryptocurrency buying and selling platform has employed Brian Brooks, the previous government vice president, normal counsel and company secretary of Fannie Mae, as its chief legal officer.

The hiring is a part of the corporate’s effort to increase its legal, compliance and government affairs groups. Mike Lempres, who till now held the chief legal and threat officer title, will transition into the position of chief policy officer.

“From the time it was founded seven years ago, Coinbase has been a leading advocate for the adoption of cryptocurrency,” Coinbase CEO Brian Armstrong mentioned in an announcement. “We’ve engaged proactively with regulators as we built products and services that allow people to buy, sell and use cryptocurrency all over the world. In recent years, the industry expanded faster than we could have imagined with an explosion in customer demand and entrepreneurial activity pushing the capabilities of the ecosystem forward. As this trend continues, it is more important than ever that we contribute to a public policy and regulatory environment that fosters innovation while protecting investors.”

Brooks joined Fannie Mae in 2014; before that, he was the vice chairman of OneWest Bank and a managing partner on the legislation agency O’Melveny & Myers.

The information comes sooner or later after Coinbase announced the hiring of Michael Li as VP of data. Li had spent the final seven years at LinkedIn, most just lately as its head of analytics and knowledge science.

Here’s an up to date round-up of Coinbase’s different notable 2018 hires:

  • Michael Li, VP of knowledge (September). Li was beforehand the pinnacle of analytics and knowledge science at LinkedIn.
  • Tim Wagner, VP of engineering (July). Wagner was beforehand a normal supervisor at Amazon Web Services.
  • Jeff Horowitz, chief compliance officer (July). Horowitz was the previous global head of compliance at Pershing.
  • Jennifer Jones, chief accounting officer (July). Jones joined from EY, the place she was a senior supervisor.
  • Alesia Haas, chief monetary officer (April). Haas joined from New York-based different asset administration agency Oz Management.
  • Balaji Srinivasan, chief expertise officer (April). Srinivasan joined by means of the corporate’s acquisition of Earn.com, the place he was CEO.
  • Rachael Horwitz, VP of communications (April). Horwitz was previously a partner at Spark Capital.
  • Tariq Meyers, global head of belonging and inclusion (April). Meyers was previously the head of diversity and inclusion at Lyft.
  • Emilie Choi, VP of company and business improvement (March). Choi joined from LinkedIn, the place she was head of company improvement.



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