Grayscale Investments appoints Peter Mintzberg as CEO; Michael Sonnenshein steps down

Grayscale Stellar Lumens Trust (XLM)

Michael Sonnenshein stepped down as CEO effective May 20, 2024, to pursue other interests.
Peter Mintzberg appointed CEO effective August 15, 2024, and will join the board.
Edward McGee, CFO, serves as interim principal executive officer until Mintzberg starts.
Mintzberg joins from Goldman Sachs as Global Head of Strategy for Asset and Wealth Management.
Mintzberg has over 20 years of leadership experience at BlackRock, OppenheimerFunds, and Invesco.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change (interim)

Edward McGee

Chief Financial Officer

GXLM · Grayscale Stellar Lumens Trust (XLM)

Effective: 2024-05-20
Filed: May 20, 2024, 7:59 PM ET

Mr. Edward McGee, the Chief Financial Officer of Grayscale and principal financial officer of the Company, will serve as principal executive officer on an interim basis until Mr. Mintzberg's commencement date

Departed

Michael Sonnenshein

Chief Executive Officer

GXLM · Grayscale Stellar Lumens Trust (XLM)

Effective: 2024-05-20
Successor: Peter Mintzberg
Filed: May 20, 2024, 7:59 PM ET

who has decided to step down from his position, effective immediately

Appointed

Peter Mintzberg

Chief Executive Officer

GXLM · Grayscale Stellar Lumens Trust (XLM)

Effective: 2024-08-15
Filed: May 20, 2024, 7:59 PM ET

it has approved the appointment of Peter Mintzberg to serve as Grayscale's new Chief Executive Officer and the principal executive officer of the Company, and a member of the Board of Directors of Grayscale, effective August 15, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Edward McGee changed role as Chief Financial Officer at Grayscale Stellar Lumens Trust (XLM).

Action: serve as principal executive officer on an interim basis
Role: Chief Financial Officer

Exact text from the filing

Mr. Edward McGee, the Chief Financial Officer of Grayscale and principal financial officer of the Company, will serve as principal executive officer on an interim basis until Mr. Mintzberg's commencement date

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Sonnenshein departed as Chief Executive Officer at Grayscale Stellar Lumens Trust (XLM).

Action: stepped down
Role: Chief Executive Officer

Exact text from the filing

who has decided to step down from his position, effective immediately

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Mintzberg was appointed as Chief Executive Officer at Grayscale Stellar Lumens Trust (XLM).

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

it has approved the appointment of Peter Mintzberg to serve as Grayscale's new Chief Executive Officer and the principal executive officer of the Company, and a member of the Board of Directors of Grayscale, effective August 15, 2024

View on SEC.gov

Grayscale Stellar Lumens Trust (XLM) filing history →

Source: SEC EDGAR

accession 0000950103-24-006876

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.