The head of Ripple was named the best fintech player who knows how to maneuver correctly where necessary. Ripple is adept at pursuing strategies to advance its projects. The results of this Ripple activity are obvious. The success of any company depends largely on its leadership. Cointelegraph.com analysts presented material about the head of Ripple Brad Garlinghouse, calling him one of the best fintech players.
The head of Ripple was named one of the best fintech players: Details
Ripple CEO Brad Garlinghouse is one of the top fintech players, according to cointelegraph.com analysts. Ripple’s CEO is in the top 10 blockchain-based Cointelegraph rankings. Experts have studied in detail the career path of the head of Ripple. Before joining Ripple in 2015, Brad Garlinghouse held a number of prominent positions in the field of technology and fintech technology. After receiving a bachelor’s degree from the University of Kansas and a master’s degree in business administration from Harvard Business School, Brad Garlinghouse joined Yahoo, AOL and the file sharing site Hightail.
At Yahoo, Brad Garlinghouse held several executive positions, including senior vice president, and in 2006 he wrote The Peanut Butter Manifesto, which was later published in the Wall Street Journal. In the manifesto, the future head of Ripple called for a radical reorganization of Yahoo’s structure, comparing small investments in many projects and departments with a layer of peanut butter thinly spread on a piece of bread. After criticizing Yahoo’s lack of clarity and decisiveness, he called for a restructuring that would simplify and decentralize various aspects of the firm. In 2012, Yahoo CEO Marissa Mayer agreed to a manifesto with the PB & J program, which aimed to eliminate unnecessary bureaucracy within the firm.
Then, Brad Garlinghouse moved to AOL, who reportedly left because, like Yahoo, the company too weakly distributed its resources on several projects. He served as CEO at Hightail, but resigned in 2014, reportedly due to disagreements with the board of directors regarding several purchase offers the company received. His aversion to organizational lies and focus on major missions helped well later on in Ripple.
In November 2016, Chris Larsen, then CEO of Ripple, resigned and was replaced by Brad Garlinghouse. At the time, the new CEO said that Ripple could take its place in the world by making financial services more accessible around the world. Under the direction of Brad Garlinghouse, Ripple quickly expanded by signing a contract with a number of important partners around the world. Among them, in particular, MoneyGram, Finastra, as well as PNC Treasury Management.
As Ripple advances into the future, Brad Garlinghouse remains confident that blockchain technology and companies such as Ripple will change the payment scheme to make finance more accessible, faster and cheaper for users. This strategy is currently gradually bearing fruit, and the success of the head of Ripple, as one of the best fintech players, is obvious.