Grayscale CEO Michael Sonnenshein steps down; Peter Mintzberg appointed effective Aug 15, 2024

Grayscale Ethereum Classic Trust (ETC)

Michael Sonnenshein steps down immediately as CEO of Grayscale and principal executive officer of Grayscale Ethereum Classic Trust.
Peter Mintzberg appointed CEO and board member, effective August 15, 2024; joins from Goldman Sachs as Global Head of Strategy for Asset & Wealth Management.
Edward McGee, CFO, serves as interim principal executive officer until Mintzberg's start.
Sonnenshein led Grayscale's growth from $60M to ~$30B AUM and the uplisting of the first spot Bitcoin ETF.

item 5.02 item 9.01

Executive movements

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

Departed

Michael Sonnenshein

Chief Executive Officer and principal executive officer

ETCG · Grayscale Ethereum Classic Trust (ETC)

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

Michael Sonnenshein, the current Chief Executive Officer of Grayscale and the principal executive officer of the Company, who has decided to step down from his position, effective immediately.

Appointed

Peter Mintzberg

Chief Executive Officer

ETCG · Grayscale Ethereum Classic Trust (ETC)

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

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.

Role change (interim)

Edward McGee

Interim principal executive officer

ETCG · Grayscale Ethereum Classic Trust (ETC)

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.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Sonnenshein departed as Chief Executive Officer and principal executive officer at Grayscale Ethereum Classic Trust (ETC).

Action: stepped down
Role: Chief Executive Officer and principal executive officer

Exact text from the filing

Michael Sonnenshein, the current Chief Executive Officer of Grayscale and the principal executive officer of the Company, 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 Ethereum Classic Trust (ETC).

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

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

Executive change SEC 8-K Item 5.02 confidence 0.95

Edward McGee was appointed as Interim principal executive officer at Grayscale Ethereum Classic Trust (ETC).

Action: appointed as interim
Role: Interim principal executive 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

Grayscale Ethereum Classic Trust (ETC) filing history →

Source: SEC EDGAR

accession 0000950103-24-006879

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