Circle appoints former Microsoft exec Kirk Koenigsbauer to board

Circle (CRCL) has appointed former Microsoft executive Kirk Koenigsbauer as a new member of its board of directors, the company announced on its official website. He will serve on the board's Compensation Committee and Risk Committee. Koenigsbauer has over 30 years of experience in the global enterprise software and commercial cloud services sectors. He stated that it was meaningful to join Circle's board at a pivotal moment for digital asset infrastructure and that he would support the company's global expansion and efforts to strengthen its operational and risk management standards.