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Ripple Adds Former Obama Senior Adviser to its Board of Directors

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Ripple (XRP)

Blockchain company Ripple announced that it has appointed Michael Warren to its board of directors. Warren previously served as a senior advisor to Barack Obama during his first term in the White House.

Ripple (XRP)

In his statement, Warren says that he wants to “move the needle forward” relating to crypto regulations with Ripple while referencing the ongoing legal war between the U.S. Securities and Exchange Commission (SEC) and Ripple XRP. Some experts speculate the ongoing case has slowed the pace of Ripples anticipated growth domestically, however the company could see an major uptick in growth if they win the case or there is a favorable settlement.

Warren currently works for Albright Stonebridge Group as the managing director of global consulting. He also previously serviced in the Clinton administration with the role of director of the National Economic Council. Brad Garlinghouse, the CEO of Ripple (XRP) has applauded Warren’s experience and knowledge and stated that he will be “an invaluable resource” for Ripple moving forward.

The new role calls for Warren to assist in helping Ripple grow its footprint in global markets and increase adoption of Ripple’s product line to assist the companies growth strategy. Other notable members of Ripple’s board include Sandie O’Connor previously of JP Morgan, former U.S. Treasurer Rosie Rios and former counselor to the Secretary at U.S. Treasury Department Craig Phillips amongst others.

Michael Warren

The addition of Warren comes after the recent announcement that Ripple’s Director of Developer Relations, Matt Hamilton was stepping down from his role, citing personal issues.

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