Quick take:
- Roger Bartlett is the latest investment banking exec to join the crypto space.
- He has held managing director and global head positions for different operations within Goldman Sachs.
- He will be starting his new position next week.
Goldman Sachs veteran Roger Bartlett is the latest investment banking veteran to leave Wall Street in favour of Web3. After 16 years at the global investment banking firm, Bartlett will be joining Coinbase as vice president and global head of financial operations.
Bartlett began his tenure at Goldman Sachs in 2005 in London before moving to New York in 2018. Over his 16-year career at Goldman Sachs, he has held senior positions such as VP – EMEA Head of Clearing Operations, Managing Director – Global Head of Prime Services Operations, Managing Director – Global Head of Operations for Equities, and Managing Director – Global Co-Head of Operations for Global Markets.
He was responsible for leading thousands of employees that support Goldman Sachs’ clients in all pre and post-trade services for all equity and fixed income products.
Announcing his new appointment on LinkedIn today, Bartlett wrote that it was time for him to embrace the “cryptoeconomy”. In his new role, he will be bringing his wealth of finance experience to help enable the next generation cryptoeconomy.
“The inspiring purpose led mission to create economic freedom in the world, in a customer first, automation first approach is a once in a lifetime opportunity to be part of building the next stage of the digital evolution,” Bartlett stated.
Bartlett joins another former traditional finance (tradfi) executive Lory Kehoe at Coinbase, though they will both be heading separate divisions. He will start his new role next week.
Coinbase has been aggressively expanding its team, attracting high profile hires from tradfi to its senior roles. Last month, the company hired former Securities and Exchange Commission official, Thaya Knight, as its senior public policy manager.
Coinbase has tripled its workforce between 2020 and 2021. As of the end of last year, the company had 3,730 full-time employees. In its Q4 2021 shareholder letter published yesterday, Coinbase revealed ambitious plans to hire 6000 employees in 2022.
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