Marc Andreessen will also transfer to the Board Director, from the Board Observer.
By Brian Armstrong, CEO and Co-Founder
Following some recent additions to the Coinbase boardroom, today we are excited to share two more updates. The first is that we are pleased to welcome Kelly Kramer to the Coinbase Board of Directors. Kelly brings a wealth of experience in financial planning and analysis, and mergers and acquisitions, among other areas, to her role as Chair of our Audit and Compliance Committee. The second update is that Marc Andreessen, co-founder and general partner at Andreessen Horowitz, is transitioning from Board Observer to Board Director. This change will allow Marc to play a more active role as a full-time board member for Coinbase.
Kelly Kramer joins the Coinbase Board of Directors following a nine-year stint at Cisco, where she spent the past six years serving as Executive Vice President and Chief Financial Officer. In this role, she was responsible for managing the company’s financial strategy and overseeing all financial, corporate development, acquisition program, integration, and investor relations functions for the $ 49 billion revenue company with more than 76,000 employees. Prior to Cisco, Kelly was CFO of GE Healthcare Systems. During his 20 years with General Electric, he held other CFO roles including CFO of GE Healthcare Biosciences, and worked in the Transportation and Aerospace Systems divisions.
Kelly also currently sits on the Boards of Directors of cloud data company Snowflake, as well as Gilead Sciences, a biotechnology company that researches and develops innovative therapeutics. He serves on the Snowflake Audit Committee and as Chair of the Audit Committee for Gilead Sciences.
Kelly will replace Chris Dodds as Chair of our Audit and Compliance Committee. Chris had recently indicated his desire to transfer from the Board to spend more time on family issues. We thank Chris for his insightful insights and contributions to the Board and Coinbase, and we look forward to his continued support of the company in the future.