Michael Saylor Phong Le business Investments MicroStrategy Michael Saylor Phong Le

Michael Saylor will step down as MicroStrategy CEO but remain as executive chair

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cointelegraph.com

Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm he helped co-found in 1989.In a Tuesday notice on its second quarter earnings for 2022, MicroStrategy said Saylor would be assuming the new role of executive chair at the company, while president Phong Le will become CEO.

The changes are expected to take effect on Aug. 8.“I believe that splitting the roles of Chairman and CEO will enable us to better pursue our two corporate strategies of acquiring and holding Bitcoin and growing our enterprise analytics software business,” said Saylor.

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