Gallant Exchange announced this week that it has managed to secure Bob Cavnar, the former president of Mercantile Global Holdings, Inc., as its Chief Strategy Officer.
The appointment of Cavnar comes less than a month after the exchange named Rick Beaman, the former Chief Executive Officer (CEO) of the Nasdaq Futures Exchange, as its President.
Mercantile Global Holdings is the parent company of the San Juan Mercantile Exchange. Cavnar is a longstanding senior executive in both the energy and technology industries. He has more than three decades worth of experience in C-suite roles.
Bob Cavnar Brings Extensive Experience to Gallant Exchange
During his career, he has held all these positions: chairman, director, chief executive officer, chief operating officer, chief financial officer and president. His experience ranges across strategy, startups, financial structures, capital markets, governance, corporate transactions, and now at Gallant Exchange.
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Commenting on his new role, Bob Cavnar, Chief Strategy Officer at Gallant Exchange, said in the statement: “I am very pleased to join a dynamic, innovative company that combines the technology of digital assets with the excitement of global sports. We are bringing corporate best practices to the company as we build a singularly unique platform in the digital asset ecosystem.”
Gallant Exchange is a retail trading platform listing many sports-based cryptocurrencies. The platform was built to support the trading of Athlete Memorabilia Coins (AMCs) in addition to large digital assets. Furthermore, the AMCs are minted on the ERC20 protocol and are available to trade on the exchange.
“I am very excited to welcome Bob onboard to the Gallant Exchange as the Chief Strategic Officer. Bob brings with him 30 years of executive experience and a deep passion for business startups, turn arounds, and most recently as the President of Mercantile Global Holdings,” added Rick Beaman, President of Gallant Exchange in the statement.
Cavnar joins Simon Grunfeld, the CEO of Gallant Exchange. As Finance Magnates reported, Grunfeld commenced the leading role earlier this month. Previously, he was principal at Gallant Partners. To head the exchange, Grunfeld left his position, as a strategic partner, at Apifiny after spending over a year there.