Coinbase Chief People Officer Lawrence Brock to Resign; Successor Named

Coinbase announced that Chief People Officer Lawrence Brock will step down from his role, effective August 17, 2026. Mr. Brock will remain an employee to assist with the transition until September 1, 2026, and will then serve as an advisor to the company. The company expects to appoint Dominique Baillet as the new Chief People Officer.

Key Details

• Executive Departure: Lawrence Brock notified the company of his intention to step down on July 22, 2026, with the resignation effective August 17, 2026.
• Advisory Agreement: Mr. Brock will provide advisory services from September 2, 2026, to November 30, 2026. In return, he will receive a lump sum payment of $182,500 and the continued vesting of his restricted stock units scheduled for November 20, 2026.
• Succession Plan: The company expects to appoint Dominique Baillet to succeed Mr. Brock as Chief People Officer.