According to Foresight News, the Cardano Foundation has announced the appointment of Stephen Wood as its Chief Financial Officer. Wood will be responsible for driving financial strategy, overseeing financial processes, guiding fund management, managing risks, and leading the finance team.

Wood previously served as the Finance Director and Executive Committee member at Copper.co, a digital asset infrastructure provider. He brings over 20 years of experience in leading financial functions within high-growth, complex organizations, with expertise spanning both traditional finance and digital asset sectors.

His career began at Verint, where he held various financial positions for 15 years, including managing financial planning and global corporate performance management. Additionally, Wood held senior roles at Keyko, where he integrated blockchain technology into accounting practices.