{"id":119410,"date":"2023-07-07T19:18:41","date_gmt":"2023-07-07T19:18:41","guid":{"rendered":"https:\/\/dripp.zone\/news\/polygon-labs-shakeup-president-ryan-wyatt-out-marc-boiron-named-ceo-crypto-news\/"},"modified":"2023-07-07T19:18:44","modified_gmt":"2023-07-07T19:18:44","slug":"polygon-labs-shakeup-president-ryan-wyatt-out-marc-boiron-named-ceo-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/polygon-labs-shakeup-president-ryan-wyatt-out-marc-boiron-named-ceo-crypto-news\/","title":{"rendered":"Polygon Labs Shakeup: President Ryan Wyatt Out, Marc Boiron Named CEO\n – Crypto News"},"content":{"rendered":"
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Ryan Wyatt, president of Polygon Labs, has announced he will be stepping down from his position at the end of the month. He will be replaced by the project’s Chief Legal Officer, Marc Boiron.<\/p>\n

Wyatt, who comes from a gaming and esports past, first taken<\/a> the position of Chief Executive Officer at Polygon Studios in February 2022. He later transitioned into the presidential role<\/a> at the then newly-branded Polygon Labs.<\/p>\n

Under his leadership, Polygon was named \u201cDecrypt’s 2022 Project of the Year<\/a>, Shaking off the dust generated by the collapse of Terra<\/a> and ftx<\/a>the ecosystem managed to get some massive brands on board, including Reddit<\/a>, starbucks<\/a>and Instagram<\/a>,<\/p>\n

While Wyatt will now serve as an advisor, Marc Boiron<\/a>a well known Web3<\/a> The veteran will be taking his place. Before Polygon, Boiron led the legal department at dYdX Trading<\/a>along with advising Compound Labs and Uniswap Labs.<\/p>\n

Boiron tweeted<\/a> earlier today: \u201cIt’s a privilege to serve the community & company as the Polygon 2.0 era begins!\u201d<\/p>\n

In turn, the chief legal officer role left empty by Marc will be filled by Rebecca Rettig<\/a>who was acting chief policy officer at Polygon Labs for the past seven months\u2013and was instrumental in the launch of The Value Prop<\/a>,<\/p>\n

She was previously CL\/PO at Avee<\/a> Labs, along with a brief stint on the board at now-defunct<\/a> To install Silvergate Bank. Rettig has been a longtime law partner with Boiron, declaring <\/a>today on Twitter: \u201cTo say I’m thrilled to work with Marc in this capacity is an understatement.\u201d<\/p>\n

\u201cMarc is a highly regarded web3 veteran and innovator with a super deep understanding of Web3 tech,\u201d Sandeep Nailwal<\/a>co-founder and now executive chairman of Polygon Labs said on Twitter<\/a>, \u201cHe has served as an advisor to leading crypto funds of the space, helping drive many of the most successful DeFi protocols.\u201d<\/p>\n

The company unveiled their Polygon 2.0<\/a> plans in late June this year, bidding to become the “value layer of the internet.”<\/p>\n

MATIC, Polygon’s native token, seemed largely unphased by news of the change in leadership. It was trading for $0.67 at the time of writing, up 0.8% in the past day.<\/p>\n

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