Co-Founder Baiju Bhatt Steps Down As Robinhood’s Chief Creative Officer

Republished By Plato

Followers: 0

Robinhood Markets, Inc. (NASDAQ: HOOD) has revealed that
Co-Founder and Chief Creative Officer, Baiju Bhatt, will be stepping down from
his executive position after more than ten years of service. Bhatt, a pivotal
figure in the company’s journey since its inception, cited his desire to
explore new entrepreneurial interests as the driving force behind his decision.

Bhatt, who played a central role in shaping Robinhood’s
vision and mission, expressed his commitment to democratizing the financial
services industry for the benefit of society. In his statement, he reflected on
his journey with Robinhood, highlighting the tireless efforts and unwavering
dedication of the team in delivering value to customers and shareholders alike.

“Since I helped found this company in 2013, Robinhood
has been my life. For more than a decade, I have worked tirelessly to drive our
mission to democratize the financial services industry for the betterment of
society,” said Bhatt, the Chief Creative Officer and Co-Founder of
Robinhood.

Acknowledging the collaborative spirit and innovative
prowess of his colleagues, Bhatt expressed gratitude for the opportunity to
work alongside some of the most dedicated individuals in the industry. He
emphasized his continued support for Robinhood’s mission
and expressed confidence in the company’s future trajectory.

“It has been a privilege to work with some of the most
dedicated, creative, and innovative people who have delivered daily for our
customers and shareholders. I look forward to remaining a member of the
Robinhood Board of Directors and continuing to support our mission. I will have
more to share about my next steps soon but know the future has never been so
bright,” Bhatt added.

Remaining on Robinhood’s Board of Directors

Despite his transition from the executive role, Bhatt
affirmed his commitment to Robinhood’s journey by retaining his position as a
member of the company’s Board of Directors. This move underscores his ongoing
dedication to guiding the strategic direction of the company and ensuring its
continued success in achieving its mission.

“Baiju and I have been Co-Founders for over 10 years and
friends for over 20,” said Vlad Tenev, the CEO and Co-Founder of Robinhood.
“His passion for entrepreneurship and commitment to our mission to democratize
finance for all helped build Robinhood from a seed of an idea to the global
public company it is today. Baiju played a pivotal role in opening access to
the markets for millions of new investors, and I am grateful for all of his
contributions to Robinhood over the last decade.”