US-based web3 and blockchain technology company Consensys has hired Dan Odell as its new chief financial officer (CFO).
Odell has been tasked with overseeing “all financial operations” at Consensys, including its accounting, tax, treasury, strategic finance and investor relations functions.
He takes the reins from head of strategic finance John Chard, who has held the position on an interim basis following the departure of former CFO Phil Davis in December.
Founded in 2014 and based in Fort Worth, Texas, Consensys develops decentralised software and apps primarily on the Ethereum blockchain. Its offerings include the blockchain infrastructure Infura, the cryptocurrency wallet MetaMask and a range of other fintech solutions.
Backed by the likes of ParaFi Capital, SoftBank Vision Fund 2, Microsoft and Third Point, Consensys last raised $450 million in a Series D funding round in March 2022, at a company valuation of over $7 billion.
Speaking on his appointment, Odell says he plans to “scale our efforts, enhance our financial strategies and contribute to the broader adoption of decentralised technologies”.
He joins the company directly from virtual reality (VR) tech start-up Improbable, where he has served as CFO since the beginning of 2020.
Prior to this, Odell spent over 15 years at The Walt Disney Company in various roles across the group, including VP of global product management for Disney Parks, experiences and products, CFO of Maker Studios, CFO of mobile games and director of global financial planning for Disney consumer products.
Consensys CEO Joseph Lubin says Odell’s “deep expertise in the world of crypto, blockchain and consumer applications and products, along with his technical skills in scaling growth, align perfectly with our strategic vision”.
