Crypto Wallet Provider Ledger Appoints Pascal Gauthier As New CEObr>
Crypto wallet provider Ledger has appointed its president, Pascal Gauthier, as the new CEO of the company, replacing Eric Larchevêque, who will take over as Executive Chairman of the Board.
Pascal started his career at Kelkoo, a price comparison service acquired by Yahoo in 2004. He then joined the advertising company Criteo in 2008 where he worked for five years as COO, being instrumental in the pivot to advertising, which led to the company’s global expansion towards a EUR 2.17 billion market capitalization. His first investment after Criteo was in Teads.tv, a premium viewable advertising marketplace which was acquired by Altice for EUR 256 million. Before being nominated President at Ledger, Pascal worked as Venture Partner in Mosaic Ventures, a London based venture capital firm focusing on Series A stage companies. Pascal is also non-executive chairman of Kaiko, a financial data website on bitcoin.
As CEO, Gauthie will be in charge of executing Ledger’s strategy and delivery of its products.
“While many individuals rely on Ledger to secure their crypto-assets, more and more investment firms are facing the challenge of managing large volumes (institutional investors, family offices, brokers, exchanges, etc.),” Gauthier said. “As a result, we examined the needs of our current customers, as well as the products to be developed to meet this demand. That’s why we created Ledger Vault, a B2B solution for institutional investors. Ledger has experienced tremendous growth since joining the adventure, and it has been an honor – and a daunting task – to help make this company what it has become. Now, as CEO, and with Eric as Executive Chairman, I can focus all my attention on business development for both consumer and financial institutions.”
On his new role, Larchevêque will focus on “vision,” as well as overseeing regulatory and government outreach.
“I decided, with the support of the Board of Directors, to assume a new role as Executive Chairman,” Larchevêque said. “In this role, I will be able to focus on long-term strategic aspects, while overseeing blockchain outreach to different regulators and governments, forming major partnerships and representing Ledger in technology leadership. I will continue to interact with the different communities of the crypto world and will help Ledger in its mission of securing critical digital assets.”