Friday, November 22, 2024
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Elwood appoints Chris Lawn CEO

  • Elwood Technologies Announcement: Chris Lawn as CEO
    • Appointment: Chris Lawn appointed CEO of Elwood Technologies.
    • Experience: Chris brings over 30 years of global macro trading and portfolio management experience.
    • Background: Experience gained at hedge funds and institutions in traditional finance and digital assets.
    • Elwood Contribution: Chris has been instrumental in scaling Elwood’s SaaS products since January 2023.
    • Product Focus: Products cover Execution Management Systems (“EMS”) and Portfolio Management System (“PMS”).
    • Tool Features: Comprehensive tools for liquidity access, position tracking, scenario analysis, and collateral monitoring.
  • Leadership Transition:
    • Outgoing CEO: James Stickland led the company through a $70m Series A funding round in 2022.
    • New Leadership: Chris Lawn takes over from James Stickland.
  • Investment Round:
    • Series A Funding: Led by Dawn Capital and Goldman Sachs, the round amounted to $70 million.
  • Chris Lawn’s Statement:
    • Honored Appointment: Chris expresses honor in being appointed as the new CEO.
    • Collaborative Approach: Confident in building on the strong foundation, Chris looks forward to working with the talented team.
  • Market Perspective:
    • Global Head’s Comment: Mathew McDermott, Elwood board observer and Global Head of Digital Assets at Goldman Sachs, expresses confidence in Chris’s leadership.
    • Inflection Point: Josh Bell, Elwood Board member, sees Chris taking over at a pivotal moment for Elwood’s rapid growth amid rising institutional demand.
  • James Stickland’s Comment:
    • Acknowledgment: James Stickland acknowledges the privilege of leading Elwood and welcomes Chris as the new CEO.

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