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Mission Changes in Polygon Labs
Polygon Labs announced that it has appointed its CLO as CEO.
Polygon Labs announced that it has appointed its CLO as CEO.
Polygon Labs went through administrative changes during the troubled process of the crypto money industry. The company made a statement on the subject.
Change of CEO at Polygon Labs
You can follow us on our Twitter and Telegram channel to be instantly informed about the last minute developments.
Polygon Labs promoted its CEO to CLO. However, co-founder Sandeep Nailwal will currently serve as chairman of the board. Ryan Wyatt left the Polygon Labs chairmanship and was replaced by Rebecca Rettig CLO. Marc Boiron served as chief legal officer and has now been promoted to a newly created role, general manager.
You may be interested in: Arbitrum DAO Raised $770 Million
Boiron's promotion comes almost a year after he joined Polygon Labs from DeFi protocol dYdX last August. Polygon's nine co-founders have stated that Boiron is an "ideal" candidate for the CEO role, and Boiron will report to the co-founders.

Boiron's appointment as CEO comes a year and a half after Polygon Labs announced in December 2021 that C-suite positions will not be available as it does not have a project center. At that time, Polygon co-founder Jaynti Kanani was also serving as CEO and Sandeep Nailwal was in the position of chief operating officer.
A Polygon Labs spokesperson stated that the reason for returning the CEO role is that the organization is under its founding leadership and will continue to do so. He also highlighted that as CEO, Boiron will lead the engineering and business teams.
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