Coinbase said on July 24, 2024 that its board increased its size from 7 to 10 directors and appointed Christa Davies, Paul Clement and Chris Lehane as directors, effective immediately.

1. 01

   Coinbase said on July 24, 2024 that its board increased its size from 7 to 10 directors and appointed Christa Davies, Paul Clement and Chris Lehane as directors, effective immediately.

2. 02

   The company said the three new directors will serve until the 2025 annual meeting of stockholders or until their successors are duly elected and qualified. It said Davies and Clement will serve on the board's Audit and Compliance Committee.

3. 03

   The company said Davies is Chief Financial Officer and Executive Vice President of Global Finance at Aon plc. It said it paid Aon approximately $12.0 million in 2023 and approximately $12.6 million in the 6 months ended June 30, 2024.

4. 04

   The company said it entered into a master services agreement with Haun Ventures in February 2023 for Lehane's professional and consulting services, paying Haun Ventures a quarterly fee of $1.0 million. It said the agreement was mutually terminated in April 2024.

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