Circle Internet Financial Adds New Executives to Leadership Team

Circle Internet Financial Adds New Executives to Leadership Team

Circle Internet Financial, a digital currency company, today announced another appointment to its board of directors and the first members of the company’s advisory board.

M. Michele Burns, who has served on boards at Goldman Sachs, Wal-Mart Stores, Cisco Systems and Orbitz, and was chief financial officer of Delta Air Lines, chief financial officer of Marsh & McLennan, and chairman and chief executive officer of Mercer, will join Circle’s board of directors. Burns, currently an executive at Marsh & McLennan, will play an integral role in helping Circle build a financial platform that can grow to service consumers and businesses operating at a global scale.

“Michele Burns’ experience as a CFO and Director of significant global consumer, financial and technology companies will be instrumental in helping Circle build a world class financial institution,” said Jeremy Allaire, Circle founder, chairman and chief executive officer. "As chair of the Audit Committee at Goldman Sachs, Michele also brings unique perspective on what is required to build and operate a trusted, global financial services company.”

Circle also announced the formation of an executive advisory board and the appointment of its first two members. Michael Barrett, former chief information security officer at PayPal and vice president of security at American Express, is joining the company’s advisory board. Barrett was also recognized as the ‘Information Security Executive of the Year’ in 2010 by Tech Exec Network. Michael will assist Circle’s leadership team with implementing information security strategies and best practices for its forthcoming products and services.

Also joining the advisory board is Mike Hearn, a leading developer for Bitcoin software and senior security engineer at Google. Hearn was one of the first developers to use Bitcoin after its initial release in 2009. He is also the author of BitcoinJ, the most widely used Java implementation of the Bitcoin protocol, and a thought leader on the use of Bitcoin for managing contracts and securitized assets, as well as improvements in Bitcoin that make it easier to adopt for payments and mobile devices. Mike also serves as Chair of the Bitcoin Foundation’s Law and Policy Committee.

Circle develops products that make it easy to exchange, store, send and receive digital currency. For businesses and charities, Circle provides merchant services for accepting digital currency payments. By building financial products and services that integrate with the Bitcoin protocol, Circle is able to offer faster transactions, lower costs, greater privacy safeguards and increased protection against fraud and identity theft.

About Circle

Circle Internet Financial is a privately held digital currency company based in Boston and with international operations headquartered in Dublin, Ireland. The company was founded in 2013 by Internet entrepreneur Jeremy Allaire. Circle is backed by venture capital leaders Jim Breyer, Accel Partners and General Catalyst Partners.

For more information about Circle, please visit http://www.circle.com/


Related News

Bitcoin Developer Mike Hearn and Amex VP Michael Barrett Join Circle Team

Michael Barrett, vice president of security at American Express; and Mike Hearn, a lead bitcoin software developer, have officially joined the advisory board of digital currency company Circle Internet Financial. Barrett and Hearn are the first appointments to the Boston-based company's advisory board. "We're gearing up for having our products and services in the market, and having the additional leadership necessary to be successful is really helpful," Circle founder and CEO Jeremy Allaire told CoinDesk in an interview. "My philosophy is to surround myself and surround my leadership team....

Ex-JPMorgan Transactions Exec Joins Bitcoin Startup Circle As CFO

Circle Internet Financial has hired a veteran banking industry executive to serve as its new chief financial officer (CFO). Paul Camp, who formerly held the title of global head and managing director at JPMorgan's transactions services unit, will act as corporate treasurer and executive vice president of financial operations as well as CFO at Circle. Camp was chosen after a year-long process, according to the company. Circle CEO Jeremy Allaire said that Camp will be a key member of the leadership team, overseeing the company's financial architecture and acting as an ambassador to....

Circle Internet Financial to Sponsor London CoinScrum Event

Start-up Circle Internet Financial is reportedly to sponsor the London CoinScrum bitcoin business networking event, according to a CoinDesk report. The event, which is slated to take place on January 21st in the UK capital city, is designed to allow entrepreneurs in bitcoin-related businesses to connect with each other, but also serves to be an educational experience to those who attend. Presentations from Circle's CEO Jeremy Allaire and CTO Sean Neville are expected, along with others. Circle Internet Financial is a Boston, Massachusetts-based venture that aims to "make money simpler,....

Global Leadership Institute Enters the Bitcoin Ecosystem

Just in this morning, theGlobal Leadership Institute has taken the step to accept Bitcoin as a form of payment for educational products and services. With the mission to, "facilitate leadership conferences and workshops that enable committed executives to more effectively lead their companies and organizations," the GLI is moving forward and providing more opportunity to scholars and partners through opening the door to Bitcoin. The Global Leadership Institute Issued the following press release: Global Leadership Institute To Accept Bitcoin. Global Leadership Institute (OTC: CEHC) today....

Bitcoin Startup Circle Seeking $40 Million in New Funding, Report Says

Bitcoin brokerage Circle Internet Financial is said to be raising as much as $40m in new funding. As reported by Fortune, Circle is raising the funds at a valuation of $200m, citing persons with knowledge of the negotiations. A representative for Circle declined to comment. The move, if confirmed, would represent Circle's largest funding effort to date. Circle raised $17m in a Series B round last year, following an earlier $9m in Series A funding from 2013. The funding would raise Circle's total investment to $66m. Circle