Cryptocurrency exchange Kraken has reportedly fired its chief financial officer.
The dismissal of Stephanie Lemmerman, Coindesk reported Tuesday (Feb. 10) comes as Kraken is getting ready for its initial public offering (IPO) on the U.S. market.
The report, citing sources familiar with the matter, said Lemmerman had shifted into a strategic advisory role at Kraken. She joined the company in November 2024 and served as CFO for 16 months, the report added.
One source told Coindesk that Robert Moore, who had been Kraken’s vice president of business expansion, had essentially taken over the CFO’s job. The leadership page on Kraken’s parent company website shows Moore as deputy CFO, while Lemmerman does not appear.
Another…
