Circle Co-Founder Neville Resigns from Board; CFO to Step Down by Year-End

Stablecoin issuer Circle Internet Group (NYSE: CRCL) disclosed in an 8-K filing on September 25 that co-founder P. Sean Neville has resigned from the board of directors for personal reasons, effective immediately, reducing the board size to seven members. Additionally, CFO Jeremy Fox-Geen has announced his intention to step down and will remain with the company through the end of 2026 to assist with the transition. Circle has engaged an executive search firm to find a successor. The company stated that neither departure resulted from disagreements regarding operations, policies, or practices.