SALT Announces Justin English as Chief Executive Officer
We’re excited to announce that Justin English has been named chief executive officer at Salt Blockchain Inc., parent company to SALT Lending. Co-presidents Rob Odell and Dustin Hull, who have been working together for the past six months to fill the CEO role and onboard English, will remain co-presidents and will continue to support SALT in their respective roles as chief product officer and chief financial officer.
English brings more than 15 years of senior management and board experience across the private equity, early-stage venture capital, consumer products, supply chain, manufacturing, distribution, and consumer services industries. Having founded three companies, he has extensive entrepreneurial experience with a specific focus on capital raising, financial modeling, and developing go-to-market strategies.
In addition to these areas of expertise, English currently serves as co-managing partner of First Catalyst Ventures, a US-based alternative investment firm focusing on early stage B2B technology companies. He also brings several years of board member experience to his new role, having previously served on several non-profit boards and on the board of SALT. Currently, he serves on the board of a non-profit private school as well as on the board of Elite Mining Inc., a crypto mining operation focused on clean energy and green mining.
Appointed to SALT’s board of directors in October 2019, English immediately did a deep dive of SALT’s talent, partnerships, brand, product offerings, and everything in between to determine the company’s potential. He began thinking about the ways in which it could grow and scale, and in doing so, played a significant advisory role in guiding SALT’s executive team in its decisions throughout his time on the Board. “It became evident that Justin was a natural fit for the CEO role,” said Joe Perry, chairman of SALT’s Board of Directors. “He has a strategic mindset and a proven ability to identify, understand, and execute on the necessary actions that will lead SALT to success.”
English has been a serial entrepreneur throughout his entire career and has extensive experience working with start-ups. This experience was a major factor in his decision to accept the role as chief executive officer. “I’m excited to take on this challenge for a couple of reasons, the first being that SALT is a start-up and start-ups are what I know,” said Justin English, chief executive officer, SALT.
“Second, SALT is well-positioned to challenge the conventional ways of thinking about finance — that’s something I’m really passionate about because so many of us go through life making decisions that have been historically viewed as correct, when in reality there’s so much more we can be doing to build and preserve our own wealth. With that in mind, I want to take this opportunity to build something that not only helps our customers lead better financial lives, but that gives our team a sense of purpose regarding the work they’re doing each day.”
With the addition of English as chief executive officer, SALT’s executive team now consists of six members: Dustin Hull as chief financial officer; Rob Odell as chief product officer; Dirk Anderson as chief technology officer; Alex Fader as chief legal officer; and Debra Johnston as chief people officer.
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Rewriting the Rules: Women in Crypto
This week Shannon Grinnell, host of the “Speaking of Crypto” podcast spoke with our COO Jenny Shaver for the first episode of her new series, “Women in Crypto.” The series will air each Wednesday and will highlight women in the crypto space who are making waves and challenging the status quo in a predominantly male industry.
In this episode Jenny and Shannon discuss Jenny’s experience at American Express, her thoughts on Libra, SALT’s ability to collateralize the Dash associated with a Dash masternode, and what it’s like to be a woman in a C-level role at a crypto startup. She describes how crypto is a mashup of two traditionally male-dominated cultures — Wall Street and Silicon Valley — and how she feels empowered by our opportunity to be radical — not only in terms of the technology we build, but in who builds it.
“We have the opportunity to break down old ways of thinking and being. That’s where it feels empowering to me. I feel a responsibility as a woman in the space to rewrite the rules, rewrite the narrative and the assumptions around women thriving — not just in the financial or tech industries but in a highly volatile, competitive, complex space where you traditionally don’t see women in these high-risk places. But here we are and we’re thriving.”
Jenny also shares the best piece of advice she’s ever received and how she applies it every day to her current role at SALT: “Don’t ever sit in the back, be present. When you’re at a meeting, sit at the table and make sure you speak. Make sure you’re heard and that you have a voice.”
Listen to the full interview below to learn more about Jenny’s experience and perspective on the future of crypto.
Getting to Know SALT’s Interim President and CEO Bill Sinclair
As SALT approaches its upcoming announcement, this is a great time to get to know interim President and CEO Bill Sinclair. Bill brings more than 20 years of experience in software and technology development, and will apply that know how to SALT’s future as a visionary fintech company with a strong focus on security and scalability.
Bill led technology strategies at fast-growing companies in the financial services, energy and Internet of things (IoT) industries. As CTO of Cartasite, an industrial IoT company, he enhanced and expanded the company’s product development team. Prior, Bill led the growth and acquisition of MineralFile.
“I’m looking forward to building a bridge of continued innovation between traditional financial services and blockchain,” Bill shared. “It’s been a pleasure to work with such smart and dedicated people, and we’re just getting started.”
Bill has been a believer in the potential of blockchain technology for some time, and became very engaged with bitcoin in 2014. He first got into mining using an ASIC Miner he purchased on eBay. “I could only run it at night,” Bill laughed. “It made a ton of noise. You couldn’t even have a conversation in the same room with it.”
His interests have not been exclusively focused on blockchain. Bill has a strong philanthropic core, having served as a board member of We Don’t Waste, a food waste related charity organization founded in 2009. “I feel like the underbanked and food insecure have a lot in common, with both suffering from a lack of access to resources,” said Sinclair. He also helped found the BroncosBus, a philanthropic endeavor which helped raise money for a number of local and national charities.
Bill is a native of Colorado and lives in the Denver area with his family and their three-legged St. Bernard, Molly (who lost one of her legs to a rare cancer). “I inherited her through marriage and was allergic to big hairy dogs, but she was determined to rid me of my allergy by sleeping on my head nightly. Turns out I’m not allergic to her anymore!”
SALT is proud to have Bill serving as Interim President and CEO, and looks forward to sharing more insights about those leading the charge of disruption.
SALT Announces Bill Sinclair, CTO as Interim President and CEO
At SALT Lending Holdings, Inc., our mission is to help holders of blockchain assets leverage them as collateral for cash loans. As part of that commitment, we continually evaluate the pairing of our leadership capabilities to the growth of our company to ensure that we have the right resources in place to serve our clients and community both now and in the future.
Today SALT appointed Bill Sinclair, Chief Technology Officer as interim President and CEO. Previously Sinclair led technology operations for several companies in various industries including IoT and financial services. Given SALT’s growth plans and market opportunity, Sinclair’s background will be a critical asset for future success. Assuming responsibilities from former CEO, Shawn Owen, Sinclair will run the day to day business operations of SALT. Owen leaves the company after serving as one of SALT’s Cofounders and CEO since the company formation in 2016.
Sinclair was an early adopter of blockchain technology and crypto currency. He has significant experience mining, programming, and developing technology solutions in the space.
Recap: Australian Leadership Retreat 2018
SALT Lending attended the 2018 Australian Leadership Retreat, organized by the ADC Forum, in the Gold Coast of Australia. The four-day event hosted leaders from various fields including politics, academia, and financial services to discuss the current challenges facing the country. An ongoing shift in world
politics, along with advancements in technology, requires Australia to prepare for a new and uncertain future. Each session in the conference was followed by lengthy dialogue and welcomed thought-provoking questions. This was not a presentation on the solution, but rather an engaging discussion with a common goal in mind.
On the educational front, university leaders shared their thoughts on how best to prepare students for this new wave of technology, including areas such as machine learning, artificial intelligence, and blockchain. From designing new courses to exploring industry partnerships, educational innovation is of
utmost importance. A lack of proper schooling could leave students with misaligned skillsets as they begin their post-university career search. In addition to addressing formal educational programs, the city of Adelaide is planning to host a blockchain conference in early 2019 — one that is expected to be well attended.
The Australian Leadership Retreat 2018 in Gold Coast, Queensland
Despite being a relatively new technology, blockchain was met with receptivity and openness. Several panels were dedicated to blockchain-related topics, which were followed by many discussions filled with intrigue and support. There is a growing community of blockchain companies currently operating in Australia, providing a meaningful opportunity for the country to position itself as a leader in the space.
We at SALT Lending look forward to following the continued progress in Australia and thank the ADC Forum for an incredible event.
Disclaimer: Any opinions, statements, or views expressed in this video belong solely to the participants and do not necessarily reflect the position, policy, or opinion of SALT Lending or any subsidiary entity.