Galaxy Digital Appoints Ex-Goldman Sachs Executive as Chairman
Mike Novogratz will remain as CEO as the firm plans for a U.S. stock offering later in the year.
Updated May 15, 2023 at 1:41 p.m. UTC
Galaxy Digital named former Goldman Sachs executive Michael Daffey as its chairman.
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- The appointment, announced Friday, is in preparation for the firm’s U.S. public stock offering.
- The investment management firm currently trades on the Toronto Stock Exchange.
- Mike Novogratz, who will remain as CEO, said in March that the company will list in the U.S. in the second half of the year.
- Daffey was most recently chairman of Goldman Sachs’ global market division, with his retirement announced in March.
- He also recently bought a $51 million New York City mansion previously belonging to convicted sex criminal Jeffrey Epstein.
See also: Galaxy Digital Files for US Bitcoin ETF