Polygon Labs Announces a New CEO and Other Changes

• Marc Boiron previously led the legal department at dYdX Trading. He also took on advisory roles at Compound Labs and Uniswap Labs.
• Polygon recently unveiled plans to launch Polygon.2.0
• Polygon successfully navigated the FTX drama thanks to its unique use cases and managed to onboard prominent brands such as Instagram and Starbucks.

Polygon Labs, the parent company of the Polygon blockchain, has announced a huge shakeup in the organization. The structural changes would see Ryan Wyatt, the president of Polygon Labs, step down at the end of July and take on an advisory position at the company. Marc Boiron, the company’s chief legal officer, has been appointed as CEO.

It’s bittersweet to share I am leaving @0xPolygonLabs at the end of the month!@0xMarcB, our Chief Legal Officer, will be stepping up & leading working closely with @sandeepnailwal!

For me, I’ll be advising Polygon, investing, & staying in the industry! More to come later. pic.twitter.com/ssPaY79oRc

— Ryan Wyatt (@Fwiz) July 7, 2023

Polygon, in a press release, said that Boiron’s “appointment signals our commitment to nurture and expand the global Polygon community of developers, builders, and users.” As part of the shakeup, Rebecca Rettig, who serves as Polygon’s chief policy officer, will become the next chief legal officer

Proud to start as CEO role at @0xPolygonLabs, reporting to the founders & leaning into our stellar eng roots.
It’s a privilege to serve the community & company as the Polygon 2.0 era begins!
Thx to the founders for their trust. Excited to work w @Fwiz in his advisory role. pic.twitter.com/ArZrtKZPQT

— Marc Boiron (@0xMarcB) July 7, 2023

Reacting to Boiron’s appointment, Sandeep Nailwal, co-founder and utive chairman of Polygon Labs, said on Twitter,

Marc is a highly regarded Web3 veteran and innovator with a super deep understanding of Web3 tech. He has served as an advisor to leading crypto funds in the space, helping drive many of the most successful DeFi protocols.

Wyatt’s time at the helm of affairs at Polygon Labs was resourceful for the company. He helped Polygon navigate the turmoil brought on by the FTX disaster and also onboard popular brands such as Instagram, Reddit, and Starbucks.

Wyatt has experience in gaming and esports and was appointed Chief utive Officer at Polygon Studios in February 2022. He went on to become the president of the newly formed Polygon Labs.

Excited about what @0xPolygonLabs is building w Polygon 2.0

Today, we announced that web3 OG @0xMarcB is stepping into the newly created CEO role reporting directly to the founders.

Shout out to @Fwiz for his massive contributions now & in the future. Glad to have you as an…

— Sandeep Nailwal | sandeep. polygon 💜 (@sandeepnailwal) July 7, 2023

The structural changes come as Polygon is in the process of rebranding for the next stage of its corporate evolution, known as “Polygon 2.0.” Polygon is also set to establish “decentralized governance” by July 17.