Crypto Exchange Coinbase's Chief Product Officer Steps Down Amid Restructuring

Crypto exchange Coinbase's (COIN) chief product officer, Surojit Chatterjee, stepped down as the company restructures its product, engineering and design teams.

Chatterjee's resignation was "mutually agreed" upon and he will continue to serve Coinbase in an advisory role through at least Feb. 3, 2023, according to an Securities and Exchange Commission filing. Chatterjee was with Coinbase for almost three years, according to his LinkedIn profile.

The move is part of a restructuring of several of Coinbase's groups. "In connection with Mr. Chatterjee’s resignation, Coinbase’s product, engineering and design teams are being reorganized within a product group structure under which the leaders of such groups will assume responsibility for Coinbase’s product offerings," Coinbase said in the filing.

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