Binance France Director Steps Down Amid Ongoing Senior Leadership Exits
Binance France's general manager has decided to step down from her role after one year and six months, adding her name to the list of senior executives to leave the largest crypto exchange this year.
On October 18, Binance France's Executive Director and Deputy CEO, Stéphanie Cabossioras, has step down from her position as the General Manager of Binance French unit, marking the fifth senior executive departure from the company since July in what has become a recurring theme for the exchange this year.
The news was confirmed by David Prinçay, president of Binance France, who used a post on X (formerly known as Twitter) to express his gratitude for her work at the exchange and wish her the best for her next challenge.
Stéphanie Cabossioras' journey with Binance began in April last year, when she served as the head of legal for the exchange in the region. She later ascended to the General Manager role in November of the same year for the French unit.
Her arrival at Binance coincided with the company's strategic decision to establish a European hub in Paris.
Prior to her role at the crypto exchange, Cabossioras had served as deputy general counsel at France's markets regulator, Autorité des Marchés Financiers, an organization responsible for much of the financial regulation in the Canadian province of Quebec.
The resignation follows a series of senior leadership departures this year under CEO Changpeng Zhao. An extensive global list of departures includes the Head of Product, Chief Strategy Officer, General Counsel, and the Asia-Pacific Leader.
On July 6, three executives, namely Chief Strategy Officer Patrick Hilman, General Counsel Han Ng, and Binance's Global Vice President of Marketing and Communications, Steve Milton, all
Read more on cryptonews.com
