Rippleโ€™s CFO Kristina Campbell transitions to Maven Clinic amid crypto market struggles By Investing.com


ยฉ Reuters.

Kristina Campbell, former Chief Financial Officer (CFO) of , transitioned to Maven Clinic, a company operating in the digital healthcare industry. Campbell, a Harvard graduate, began her tenure at Ripple in April 2021 and remained in the role for two and a half years until Monday. Her departure comes amid Ripple's ongoing struggle with a bear market that has led to widespread layoffs across the cryptocurrency sector.

Despite these challenges, Ripple is reportedly in a hiring phase and continues to expand its presence outside the US, particularly in the Asia Pacific region. This indicates stability within the company that contrasts with Campbell's decision and suggests that his decision was likely influenced by aspirations for personal growth rather than the operational health of Ripple.

At the same time, Ripple is facing a lawsuit from the regulatory agency Securities and Exchange Commission (SEC), with trials scheduled for next year. The company has not yet responded to The Block's immediate requests for comment on Campbell's departure.

Eleanor Terrett revealed Campbell's career change on Monday, sparking industry speculation about the implications of the transitioning roles of finance experts. This move comes at a time when other companies in the sector, such as Binance, are experiencing layoffs.

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