Coinbase shakes up its board of directors with Marc Andreessen, former Cisco CFO moves

Crypto exchange Coinbase announced that Kelly Kramer will be joining the company’s board of directors, according to a Medium post from the firm.

Marc Andreessen will also take on a more active role on the board, shifting from board observer to board director. Kramer will serve as chairperson of the Audit and Compliance Committee, per the post.

Kramer worked for tech conglomerate Cisco for nine years. She spent six of those years as the Executive Vice President and Chief Financial Officer before joining Coinbase. Before Cisco, Kramer was the CFO of GE Healthcare Systems. 

Kramer will replace Chris Dodds, who is said to have expressed a desire to transition off the board to focus on family matters.

“Kelly brings a wealth of experience in financial planning and analysis, and mergers and acquisitions, among other areas, to her role as Chairperson of our Audit and Compliance Committee,” Coinbase said.