Ripple Labs has appointed Brad Garlinghouse as the company’s first Chief Operating Officer. The former Hightail CEO and longtime Yahoo! executive brings a history of disciplined growth and execution to the newly created position.
Ripple Labs CEO and co-founder Chris Larsen noted:
We are very excited to have Brad join the team. Brad’s experience will be invaluable as we advance our focus from building a strong pipeline to execution and exceptional growth. We share a vision for the future of finance and the creation of an Internet of Value in which value exchange is as fast, free, transparent, and secure as information exchange is on the Internet today.
Prior to serving as CEO of Hightail, formerly known as YouSendIt, Garlinghouse was the President of Applications and Commerce at AOL. During a six year tenure at Yahoo!, he held a number of senior roles. Previously, he spent time as a Partner at @Ventures and in business development at @Home Network. Garlinghouse serves on the boards of Ancestry.com, Animoto, and Tonic for Health. He holds a BA from the University of Kansas and an MBA from Harvard Business School.
Ripple Labs is an incredible team, all joined by a shared passion to change the world — the energy, commitment and expertise is unmatched. There is already incredible momentum for Ripple as a new infrastructure for global payments, and the opportunity to define the actual framework for the Internet of Value is an order of magnitude bigger than anything else underway in payments today.