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Kraken Welcomes Mayur Gupta as CMO

Source: Chloe

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Kraken, one of the world's largest crypto exchanges, is delighted to announce the appointment of Mayur Gupta as its Chief Marketing Officer (CMO). Mayur will lead Kraken's brand, product and growth marketing efforts to advance the company's mission and become the crypto platform of choice for consumers, creators and professional investors.

As an engineer who evolved into a marketing and growth leader, Mayur's efforts to combine data, technology and storytelling have been instrumental in growing consumer and technology brands. He joins Kraken from Gannett, USA Today Network, where he led the company's transformation from an advertising-led media company to a subscription-led content platform obsessed with user value.

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Prior to that, Mayur held key marketing and growth leadership roles at Freshly, Spotify, Healthgrades, Kimberly-Clark and SapientNitro. As the Global VP for Growth and Marketing at Spotify, he led the expansion of both its free and premium products. In this role, he was responsible for performance, retention and product marketing together with data science and analytics.

"Mayur is the perfect candidate to help Kraken lead the industry as the most trusted brand in crypto," said Kraken CEO and Co-founder Jesse Powell. "As a developer at heart, Mayur understands the value of a product-focused organization. As a seasoned growth strategist, Mayur brings a data-driven understanding to each stage of the client journey. Mayur's appointment marks an important milestone in Kraken's mission to accelerate the global adoption of bitcoin and Web3."

After a record year in 2021, Kraken plans to continue aggressively growing its workforce across all areas during 2022. Over the past year, Kraken's overall trading volume grew by more than 400% and its client base doubled. In 2022, the company will continue to provide clients with easier and more versatile ways to participate in the crypto ecosystem.

Mayur's addition to Kraken's executive team is the latest in a series of strategic hires, including Chief Financial Officer Carrie Dolan, Chief People Officer Pranesh Anthapur and VP of Design Mike Davidson.

(Source: Business Wire)

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