November 13, 2018

Change in the Foundation Council of the Cardano Foundation

Michael Parsons resigns - Pascal Schmid takes over as Chairman

Zug, November 13, 2018 - The Cardano Foundation today announced that Michael Parsons, Chairman of the Foundation Council of the Cardano Foundation, has resigned with immediate effect. Pascal Schmid, Council Member, will take over as Chairman of the Foundation Council on an interim basis. The Foundation is working to supplement the Foundation Council with suitable persons as soon as possible. Swiss national Pascal Schmid graduated from the University of St. Gallen in 2004 with an M.A.HSG in Finance, Accounting and Controlling. He acquired many years of well-founded professional experience as a finance and foundation expert.

Further information:

Pascal Schmid, Cardano Foundation [email protected]

Artwork: Eberhard Grossgasteiger