Algorand announced on Wednesday the 27th of July that COO W. Sean Ford will replace CEO G. Stephen Kokinos, who will stay on as an advisor until mid 2023…. Algorand publication
Ford’s appointment came into effect immediately (starting July 27, 2022), the company notified their user and investor community. Mr. Kokinos, who has been with the company for four years, will be leaving to “pursue other interests”, he will serve in the role of senior advisor until mid-2023.
“We thank Steven for his time and dedication to Algorand. He has been instrumental to the initial success of our business, and we appreciate his commitment to a seamless transition. Sean is well positioned to partner with me to keep the company operations running business as usual, and to help us transition Algorand to our next phase of growth.” MIT professor Sylbio Mikari, Algorand founder, said…
Mr. Kokinos confirmed his departure on Twitter
Mr. Ford, an MBA from Harvard Business School, joined Algorand in 2018
“I am honored to step in and partner with Silvio during this transition,” said Mr. Ford. “Algorand has experienced monumental growth since its inception, and we look forward to our continued expansion as we take Algorand to the next level” W. Sean Ford stated.