Trade.io, a blockchain-powered financial institution, announced its Chief Executive Officer (CEO) transition plan this Friday. According to the article posted on Medium by the firm, William Heyn has been appointed as the new CEO.
Heyn, who is the current Chief Compliance Officer and Head of Capital Markets, is replacing the current CEO of Trade.io – Jim Preissler. Following the succession of Heyn, Preissler will remain on the company’s Board of Directors.
Commenting on the appointment, Roy Gutshall, current board member & COO said: “Bill is an exceptional leader and is well respected within trade.io and by our numerous vendors that have dealt with him in the blockchain industry.
“He’s passionate about the mission of trade.io to become a top crypto exchange, and as head of compliance, he’s proven to be an asset when dealing within the ever changing crypto regulatory landscape.”
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Speaking on his departure, Preissler added: “I’m looking forward to remaining actively engaged with the trade.io team and assisting them with expanding their regulatory footprint and establishing strategic partnerships.“I’ve worked alongside Bill for many years, so bringing him up to speed on my roles and responsibilities should be relatively seamless. I look forward to working alongside him during the transition period.”
Heyn to build on Preissler foundation at trade.io
Heyn has been a part of the team since it opened its door last year. During his time with the blockchain-powered firm, he has played a key role in overseeing the corporate setup of the company’s global offices. He has also advised the company on all of its compliance matters.
Prior to working with the company, Heyn was employed at Wall Street investment banks Merrill Lynch, Morgan Stanley, and JP Morgan. The experience he gained while working at these financial institutions also allowed him to contribute to trade.io’s consulting segment.
“It’s no secret that the crypto space has undergone some turbulence since the beginning of this year, however, I firmly believe we’re well positioned to close out Q4 and start 2019 with some major initiatives we’re developing. We will continue to build on the trade.io name and expand upon the foundation that Jim has established,” Heyn commented.