The bankrupt crypto-lending firm requested that Rod Bolger, a longtime banker at RBC who was previously the Celsius’s CFO, stay on as an advisor for at least six weeks, given his expertise and familiarity with the business. CoinDesk first reported the filing. (The Logic, CoinDesk)
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The bankrupt crypto-lending firm requested that Rod Bolger, a longtime banker at RBC who was previously the Celsius’s CFO, stay on as an advisor for at least six weeks, given his expertise and familiarity with the business. CoinDesk first reported the filing. (The Logic, CoinDesk)
Talking point: Bolger notified Celsius on June 30 that he was stepping down as its chief financial officer, according to the filing. However, Bolger will continue to be an employee of the New Jersey-based firm for at least the next several weeks. “Mr. Bolger led efforts to steady the business, guided the financial aspects of the business, and acted as a leader of the company,” the filing states. “Through the advisory agreement, [Celsius] will be able to continue utilizing Mr. Bolger’s institutional knowledge and services for at least two additional months for the benefit of their business.” Bolger was replaced as CFO on July 11, just months after joining the company in February.
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