Circle CFO Jeremy Fox-Geen to Step Down; Co-Founder Sean Neville Resigns From Board

Circle Internet Group (NYSE: CRCL), the issuer of the USDC stablecoin, disclosed in a September 25 securities filing that Chief Financial Officer Jeremy Fox-Geen will step down by the end of the year and that co-founder P. Sean Neville has resigned from the board.

The leadership changes were detailed in a Form 8-K filed with the U.S. Securities and Exchange Commission and reduce the board from eight to seven directors.

CFO transition through year-end Fox-Geen notified the company on September 25 of his intention to step down but will continue as chief financial officer through December 31, 2026, or until a successor is appointed, to support the transition.

Circle has begun a search for its next CFO with the help of a leading executive search firm and said his departure did not result from any disagreement over the company’s operations, policies, or practices.