Thursday, November 21, 2024
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Blockchain firm Consensys hires former Disney exec Dan Odell as CFO

  • New CFO Appointment:
    • Consensys, a web3 and blockchain technology company, has hired Dan Odell as its new Chief Financial Officer (CFO).
  • Responsibilities:
    • Odell will oversee all financial operations at Consensys, including accounting, tax, treasury, strategic finance, and investor relations.
  • Previous CFO:
    • He replaces John Chard, head of strategic finance, who served as interim CFO after Phil Davis left the role in December.
  • Company Background:
    • Founded in 2014 and based in Fort Worth, Texas, Consensys develops decentralized software and apps on the Ethereum blockchain. Key offerings include Infura (blockchain infrastructure) and MetaMask (cryptocurrency wallet).
  • Recent Funding:
    • Consensys raised $450 million in a Series D funding round in March 2022, valuing the company at over $7 billion.
  • Odell’s Background:
    • Odell joins Consensys from VR tech start-up Improbable, where he was CFO since early 2020. He previously spent over 15 years at The Walt Disney Company in various financial roles.
  • CEO’s Statement:
    • Consensys CEO Joseph Lubin highlighted Odell’s expertise in crypto, blockchain, and consumer products, noting that his skills in scaling growth align with the company’s strategic vision.
  • Odell’s Vision:
    • Odell expressed plans to scale efforts, enhance financial strategies, and contribute to the broader adoption of decentralized technologies.

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