Crypto-friendly Signature Bank (SBNY)’s CEO Joe DePaolo is stepping down from his role as president to be succeeded by chief operating officer (COO) Eric Howell.
Following a transitionary period starting on March 1, Howell will replace DePaolo as president.
The bank also said that once DePaolo completes his transition into the advisory role, Howell will be names as CEO. Till then DePaolo will retain the CEO role and his seat on the board.
UPDATE (Feb. 16, 2023, 12:15 UTC): Adds additional details.
