MicroStrategy welcomes 3 new members to its board of directors, including Brian Brooks, a key figure in the crypto sector and current member of the HBAR Foundation. Alongside Jane Dietze, investment director of Brown University, and Gregg Winiarski, legal director of Fanatics Holdings, he will contribute to the development of the firm now in the spotlight for its bet on Bitcoin.
Brian Brooks, formerly of Binance and Coinbase, joins MicroStrategy
Great minds meet. MicroStrategy, which has occupied most of the news in recent months due to its endless investments in Bitcoin, has seen 3 newcomers to its board of directors.
In doing so, Michael Saylor's firm will now be led by a total of 9 directors. Among the latest arrivals, note the entry of Brian Brooks, who has a CV reflecting significant experience in the crypto sector.
From 2018 to 2020, Brian Brooks moved up to become General Counsel at Coinbasea position now held by Paul Grewal. The following year, he rose to the position of CEO at Binance.US, the American branch of the largest exchange in the world.
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However, Brian Brooks' stay there was only very brief, the latter having resigned after 3 months. He then invoked “ strategic differences » with the management, a rather vague reason which he clarified later, when he shared his feelings at the time.
“ What became clear to me at some point was that Changpeng Zhao was the CEO of BAM Trading [Binance.US, ndlr]not me, » he declared in the context of the case between the Securities and Exchange Commission (SEC) and Binance.
Since 2023, Brian Brooks serves on the HBAR Foundation Board of Directorsresponsible for developing and promoting the Hedera network. A place which had earned an increase of around 30% in the price of the HBAR token when rumors spoke of a potential replacement of Gary Gensler as president of the SEC by Brian Brooks.
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Who are the other 2 arrivals?
Along with Brian Brooks, MicroStrategy welcomes Jane Dietze and Gregg Winiarski to its board of directors.
Currently the chief investment officer of Brown University, Jane Dietze is a leading figure in institutional financial management.
His experience includes key roles at Fortress Investment Group and Bowdoin College. Since 2022, she also serves on the board of directors of Galaxy Digitala pioneering digital assets and blockchain company, founded in 2018 by Michael Novogratz, a former Goldman Sachs executive and famous cryptocurrency investor.
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Gregg Winiarski, currently General Counsel of Fanatics Holdings, built his career managing the legal affairs of large international companies.
The 3 new additions to the MicroStrategy board will receive stock awards valued at $2 milliondivided between call options and restricted stock units, the value of which will be deployed over 4 years, subject to shareholder approval.
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Source: Administrative document
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