Parity Technologies Hires 3 New C-Suite Leadership

The builder of Polkadot, Parity Technologies, hires new c-suite executives to boost leaderships’ development initiatives.
Parity Technologies Hires 3 New C-Suite Leadership

Adding to its senior leadership team, Parity Technologies hires 3 fresh c-suite executives to join CEO & Founder Gavin Wood. Parity Technologies, the Kusama and Polkadot blockchain (web3) systems builder, hires Eran Barak (COO), Peter Ruchatz (CMO) and Fahmi Syed (CFO). 

Parity Technologies’ new COO, Eran Barak, is a Tel Aviv University computer science graduate. A market veteran, Barak brings Thomson Reuters, Amdocs, and Symphony Communications’ stellar experience to Parity.

The new Parity CMO, Ruchatz, shall strengthen Polkadot’s brand, enhance market education, and ensure community engagement. Ruchatz’s experience of seniority spans across Microsoft and Salesforce.

Parity’s new CFO, Syed was hedge fund FIFTHDELTA’s ($1.25 billion in AUM) COO. He has also worked in hedge fund Marshall Wace’s non-investment team.

Hiring even amid a bear cryptocurrency market (with job dismissals), Parity’s new c-suite hires signal the strength of the Polkadot project.

Also read: Ukraine-Based Everstake Continues Hiring amid Volatile Market Conditions

The new hiring development follows Parity CEO’s “Gov2” announcement at the recent “Polkadot Decoded” event. Launching on Kusama, the Gov2 governance upgrade removes “first-class citizens” in governance, for a more inclusive and decentralized decision-making.

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