Gemini post-IPO shakeup sees exit of three top executives
Gemini Space Station Inc. disclosed the immediate departure of its chief operating officer, chief financial officer and chief legal officer; co‑founder Cameron Winklevoss will assume expanded duties.
Gemini Space Station Inc. said its chief operating officer, chief financial officer and chief legal officer are departing the company effective immediately, according to the company filing and reporting on the leadership changes [4][1].
The departures were named as Marshall Beard (COO), Dan Chen (CFO) and Tyler Meade (Chief Legal Officer); the company’s board has designated Cameron Winklevoss to take on additional operational responsibilities while interim finance and legal chiefs were appointed [4][1].
The market reaction was swift: Gemini’s stock slid sharply, dropping roughly 15% and trading around $6.52–$6.39 after the announcement, according to market reports [6][5][3].
The shakeup comes months after Gemini’s September 2025 IPO and follows reporting that the company has struggled to regain post‑IPO momentum, underscoring the immediacy of the leadership changes disclosed in the filing [6][3].
Gemini disclosed the executive departures in a public filing; the company has not publicly reversed the changes and the announcement coincided with a pronounced drop in investor confidence as reflected in the stock decline [4][3][6].
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Citations
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- 1Gemini post-IPO shakeup sees exit of three top executivesCointelegraph• Feb 17, 2026
- 3Gemini Stock Crashes as Winklevoss-Led Crypto Exchange To Part Ways With Key ExecutivesCoinGape• Feb 17, 2026
- 5Gemini stock drops 15% after key executives step downCrypto Briefing• Feb 17, 2026
- 6Gemini Stock Sinks 15% After Executive Exodus and Global PullbackETHNews• Feb 17, 2026
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