Ryan Wyatt will be stepping down as president of Polygon Labs and moving into an advisory role after more than a year at the firm.

In a July 7 announcement, Wyatt said he planned to leave Polygon at the end of July but would be staying in the crypto space by continuing to advise the firm. Polygon chief legal officer Marc Boiron — also the former chief legal officer of dYdX — will be stepping up as the company’s new CEO.

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

Rebecca Rettig, Polygon’s chief policy officer, will take over as the firm’s chief legal officer upon Boiron’s departure. Caroline Pham of the United States Commodity Futures Trading Commission (CFTC) recently appointed Rettig to serve on the CFTC’s Global Markets Advisory Committee’s Subcommittee on  Global Market Structure, Technical Issues, and Digital Asset Markets.

Related: Polygon Labs president testifies on democratizing the internet with Web3, blockchains

The change in leadership comes as Polygon has been preparing a set of upgrades aimed at establishing the “Value Layer” of the internet — a move branded as

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Author: Turner Wright

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