Coinbase will be halving the number of women on its board following the retirement, expected later this summer.
Former Assistant U.S. Attorney and Andreesen-Horowitz partner Kathryn Haun has announced her upcoming resignation from Coinbase 's board following seven years of service.
In a post on X announcing her decision, Haun said Coinbase is "well-positioned to thrive" but given the "remarkable expansion state" of crypto, she was looking to double down on venture investing through her company Haun Ventures. Haun's praise towards Coinbase was returned by many notable crypto community members and Coinbase staff, including CEO Brian Armstrong, who called her a "force of nature" who took a chance on Coinbase and helped them to go public.
The resignation will take effect at Coinbase's Annual Meeting of Shareholders expected later this summer. In a filing, the board said it expected to shrink its overall size to seven after losing Haun, one of two women currently serving as board director. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures. © 2023 The Block.
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