Ripple Labs announced on January 26, 2023, that it has promoted its present senior vice president and general manager to the post of company president.
Monica Long started working with Ripple from the time when the firm had only 10 employees. She joined the company in 2013 as Director of Communication and worked for seven years and one month in this role.
Monica worked in several other positions with Ripple including VP of Marketing, SVP of Marketing, and General Manager. After completing 9 years and 5 months with RippleX, she was promoted to the position of president.
In a company blog post, the Chief Executive Officer of Ripple, Brad Garlinghouse, stated, “From the moment I first met Monica nearly eight years ago at Ripple, it was clear that she was a force to be reckoned with. Her deep knowledge of crypto paired with her determination, creativity and ability to think out of the box has made her one of the most respected leaders in the industry and certainly at Ripple.”
“Even in the current challenging crypto environment, Monica has helped guide Ripple to a very unique place of growth and financial strength. She’s been an instrumental adviser to me over the years, and I’m grateful to have the opportunity to partner with her even more closely as she embarks on her role as President,” Garlinghouse added.
Monica started working in the industry in 2005 and worked in three different positions with three different companies. She has nine years of working experience excluding her time at Ripple.
After her promotion, Monica expressed her gratitude, noting that “ I’m incredibly honored to take on the role of President at Ripple as we expand deeper into crypto-enabled services like liquidity, settlement and custody,” she added “Looking back over my tenure, I can say without a doubt that I’ve been lucky enough to be surrounded by some of the smartest, most innovative people in crypto and tech, as we tackled some huge, audacious goals– like being able to send money instantly for fractions of a penny around the world. The Internet of Value is a mission I believed in on day one and continue to find inspiration for in the future.”
Ripple’s Executive Chairman and co-founder Chris Larsen said “When I think about the beginning of Ripple and where we are now – so much of that is due to Monica’s leadership and strategic insights. She joined us when crypto was unheard of, and to see her grow over the last ten years into the fantastic leader she is today, is a testament to how far the industry has come.”
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Source: https://www.thecoinrepublic.com/2023/01/30/ripples-senior-vp-monica-long-is-now-company-president/