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- Neel Somani has been replaced by Chief Growth Officer Vijay Chetty.
- Eclipse founder Neel Somani was replaced as CEO.
- The new appointment becomes effective immediately, as communicated by the firm on X
Eclipse Labs has released an operation update stating Vijay Chetty, the firm’s Chief Growth Officer, will assume Neel Somani’s CEO responsibilities “effective immediately.”
The announcement briefly mentioned Neel Somani would be departing from the firm and focused on highlighting Chetty’s competence for the new role.
The newly appointed CEO has been heavily involved in the cryptocurrency space, having held leadership roles at Uniswap Labs, dYdX Trading, and even Ripple Labs. Additionally, Chetty is reportedly a renowned investor at BlackRock.
Chetty has been adequately involved in the growth of the firm. His experience has benefited the firm in building a solid community, partner, and investor base, which are key features of success in Web 3.0.
https://twitter.com/EclipseFND/status/1790939437695996019?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1790939437695996019%7Ctwgr%5E065b3bb30ec140f25563d0c6913d5e2f5a504351%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Feclipse-founder-neel-somani-leaves-ceo-role-amid-sexual-misconduct-claims
Eclipse Lab’s announcement on X stresses the firm’s commitment to its mission moving forward and expresses full confidence in Chetty’s abilities to spearhead the company as the new CEO.
Eclipse replaces Neel Somani
Somani has publicly expressed his decision to step aside and relinquish his role as the public face of the company.
Eclipse plans to move forward
According to the firm’s announcement on X, the firm plans to continue diligently with its operations. The prompt announcement of a new CEO, who happens to be an in-house promotion, suggests the company’s desire to continue building and revolutionizing the Web3 space.
Hack VC, a Web 3 venture capital firm with shares in Eclipse Labs, said on X,
“We have strong conviction in the rest of the
@EclipseFND
team and the project’s mission. We fully support
@0xLitquidity
in his new role as CEO and believe he’s the ideal person to drive the project forward. He’s a respected and accomplished leader across crypto and traditional finance, and we are grateful that he is stepping into this position.”
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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Collins J. Okoth
Collins Okoth is a journalist and markets analyst with 8 years of experience covering crypto and technology. He is a is a Certified Financial Analyst and holds a degree in Actuarial Mathematics. Collins has previously worked with Geek Computer and CoinRabbit as a writer and editor.
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