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News

After Less Than A Year On The Job, Robinhood Executive Resigns

March 30, 2022 - Around 2 mins mins to read

Christine Brown announced Tuesday that she was moving down as COO of Robinhood after five years to pursue other crypto opportunities.

After Less Than A Year On The Job, Robinhood Executive Resigns
After Less Than A Year On The Job, Robinhood Executive Resigns

After less than a year on the job, Robinhood Crypto’s chief operations officer has resigned.

Christine Brown, who joined Robinhood’s crypto subsidiary in April of last year, said she was “going on to start something new” in a Twitter message on Tuesday.

Brown began her career at Robinhood Markets in 2017 as vice president of Product Operations before moving up to the newly formed position of COO.

Brown joined Robinhood when it had less than 100 employees

She had seen the firm develop to service more than 22 million users before it began offering its crypto product.

After Less Than A Year On The Job, Robinhood Executive Resigns
Christine Brown-Executive Resigns

In a follow-up tweet, Brown wrote, “I’ve lived three chapters during my time here: establishing a self-clearing organization, setting up a Product Operations team, and supporting our booming crypto business.” “Through each, I’ve seen how technology can democratize finance and provide individuals with opportunity.”

Brown spent four years at global technology giant Google before joining the California-based brokerage, bringing with her almost a decade of experience in product management and operations. Brown also worked for Udacity, a for-profit educational firm based in the United States, for two years.

“I’m happy to be staying in the crypto area” the former Robinhood executive stated, adding that further information about her new endeavors would be released “soon.”

Brown’s exit comes after the stock trading platform announced a $423 million net loss in the most recent financial quarter, which ended in January. Following a weaker-than-expected earnings report, its stock price (HOOD) plummeted 15% to roughly $10.15 per share.

Robinhood’s stock has since recovered, with the stock up 20% in the last five days and is trading for roughly $15.91, according to market data.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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# COO

#Robinhood

#Robinhood Crypto

Christine Brow

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

After Less Than A Year On The Job, Robinhood Executive Resigns

Christine Brown announced Tuesday that she was moving down as COO of Robinhood after five years to pursue other crypto opportunities.

After Less Than A Year On The Job, Robinhood Executive Resigns
After Less Than A Year On The Job, Robinhood Executive Resigns

After less than a year on the job, Robinhood Crypto’s chief operations officer has resigned.

Christine Brown, who joined Robinhood’s crypto subsidiary in April of last year, said she was “going on to start something new” in a Twitter message on Tuesday.

Brown began her career at Robinhood Markets in 2017 as vice president of Product Operations before moving up to the newly formed position of COO.

Brown joined Robinhood when it had less than 100 employees

She had seen the firm develop to service more than 22 million users before it began offering its crypto product.

After Less Than A Year On The Job, Robinhood Executive Resigns
Christine Brown-Executive Resigns

In a follow-up tweet, Brown wrote, “I’ve lived three chapters during my time here: establishing a self-clearing organization, setting up a Product Operations team, and supporting our booming crypto business.” “Through each, I’ve seen how technology can democratize finance and provide individuals with opportunity.”

Brown spent four years at global technology giant Google before joining the California-based brokerage, bringing with her almost a decade of experience in product management and operations. Brown also worked for Udacity, a for-profit educational firm based in the United States, for two years.

“I’m happy to be staying in the crypto area” the former Robinhood executive stated, adding that further information about her new endeavors would be released “soon.”

Brown’s exit comes after the stock trading platform announced a $423 million net loss in the most recent financial quarter, which ended in January. Following a weaker-than-expected earnings report, its stock price (HOOD) plummeted 15% to roughly $10.15 per share.

Robinhood’s stock has since recovered, with the stock up 20% in the last five days and is trading for roughly $15.91, according to market data.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

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