According to Odaily, Galaxy has announced the appointment of Tony Paquette as its new Chief Financial Officer, succeeding Alex Ioffe. Ioffe is set to transition to a senior advisory role within the company starting January 1, 2025. Paquette brings a wealth of experience to his new position, having most recently served as the Chief Financial Officer at the hedge fund firm Point72.
In the earlier stages of his career, Paquette was part of the corporate investment group and finance department at Bank of America. He also held the position of Head of Financing and Liability Management at JPMorgan Chase. His extensive background in finance is further highlighted by his role at the financial technology company SoFi, where he was responsible for overseeing finance, market risk, as well as regulatory and financial operations.
This strategic appointment is expected to leverage Paquette's diverse experience in the financial sector to drive Galaxy's financial strategies and operations forward. The transition marks a significant step for Galaxy as it continues to strengthen its leadership team and adapt to the evolving financial landscape.