Cardano Foundation Appoints Stephen Wood as Chief Financial Officer
Wednesday, 3 December 2025 (Zug, Switzerland) – The Cardano Foundation today announced the appointment of Stephen Wood as Chief Financial Officer (CFO). In this role, Wood is responsible for driving the financial strategy, overseeing financial processes, guiding the treasury, managing risks, and leading the finance team.
Wood joins the Foundation from Copper.co, a digital asset infrastructure provider, where he served as Finance Director and Executive Committee Member. He brings over 20 years of experience leading finance functions in high-growth, complex organizations, with a background spanning traditional finance and digital assets. His career began at Verint, where he spent 15 years in various finance roles, including managing financial planning and global enterprise performance management. He also held a senior role at Keyko, integrating blockchain technologies into accounting, and Proton, focusing on financial scaling and treasury strategies.
Commenting on the appointment, Frederik Gregaard, CEO of the Cardano Foundation, shared: "We are pleased to welcome Stephen to the Cardano Foundation. His extensive experience bridging traditional finance and digital assets and scaling finance functions will be invaluable as we advance Cardano's mission. His expertise in financial governance will ensure the Foundation plays a crucial role in analyzing protocol economic parameters and community incentives towards an optimum future, while exploring important opportunities to help close the finance gap for startups."
Speaking on his new role as Chief Financial Officer of the Cardano Foundation, Stephen Wood said: “I am honoured to join the Cardano Foundation and to be working alongside such a talented team within the foundation and across the broader Cardano community, at such a pivotal time for blockchain adoption. The Foundation's commitment to transparency, operational resilience, and long-term thinking aligns closely with my own values as a finance leader. I look forward to working with the team to strengthen our financial foundations and support the continued growth of Cardano as a trusted infrastructure for positive global change.”