- Elwood Technologies Announcement: Chris Lawn as CEO
- Appointment: Chris Lawn appointed CEO of Elwood Technologies.
- Experience: Chris brings over 30 years of global macro trading and portfolio management experience.
- Background: Experience gained at hedge funds and institutions in traditional finance and digital assets.
- Elwood Contribution: Chris has been instrumental in scaling Elwood’s SaaS products since January 2023.
- Product Focus: Products cover Execution Management Systems (“EMS”) and Portfolio Management System (“PMS”).
- Tool Features: Comprehensive tools for liquidity access, position tracking, scenario analysis, and collateral monitoring.
- Leadership Transition:
- Outgoing CEO: James Stickland led the company through a $70m Series A funding round in 2022.
- New Leadership: Chris Lawn takes over from James Stickland.
- Investment Round:
- Series A Funding: Led by Dawn Capital and Goldman Sachs, the round amounted to $70 million.
- Chris Lawn’s Statement:
- Honored Appointment: Chris expresses honor in being appointed as the new CEO.
- Collaborative Approach: Confident in building on the strong foundation, Chris looks forward to working with the talented team.
- Market Perspective:
- Global Head’s Comment: Mathew McDermott, Elwood board observer and Global Head of Digital Assets at Goldman Sachs, expresses confidence in Chris’s leadership.
- Inflection Point: Josh Bell, Elwood Board member, sees Chris taking over at a pivotal moment for Elwood’s rapid growth amid rising institutional demand.
- James Stickland’s Comment:
- Acknowledgment: James Stickland acknowledges the privilege of leading Elwood and welcomes Chris as the new CEO.
