Alameda Research co-CEO Sam Trabucco resigns, Caroline Ellison will become sole head

2022.08.25 02:30

Alameda Research co-CEO Sam Trabucco resigns, Caroline Ellison will become sole head

Alameda Research co-CEO Sam Trabucco announced his resignation Wednesday on Twitter (NYSE:TWTR). Trabucco said co-CEO Caroline Ellison will become CEO, and he will remain in the capacity of adviser. Alameda Research is the quantitative trading company set up by FTX crypto exchange founder Sam Bankman-Fried in 2017.

In a long thread titled “On Happiness,” Hong Kong-based Trabucco said his appointment as co-CEO of Alameda Research last year “was to bring titles in line with reality,” and his resignation had the same goal. Trabucco and Ellison succeeded Bankman-Fried as heads of the company.

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