Skip to content

· Coinbase names former Cisco chief financial officer Kelly Kramer to its board

Coinbase Adds Ex-Cisco CFO Kelly Kramer to Its Board

Coinbase named Kelly Kramer, who spent nine years at Cisco and rose to chief financial officer there, to its board of directors on Dec. 16, 2020, putting her in charge of the Audit and Compliance Committee four months before the exchange's own public listing.

Updated on 2 min read · 3 sources

The move at a glance

The Moves Ledger, event W0248
Role
DirectorBoard seat
Organization
Coinbase
In or out
InAppointed Director
Became public
The first dated public source, UTC
Three metal desk lamps arranged in a row on a clean white table
Three metal desk lamps arranged in a row on a clean white table. Photo · Pexels
“Coinbase put Kelly Kramer, Cisco's former finance chief, in charge of its audit committee on Dec. 16, 2020, four months before its own stock began trading. Does a board built from outside the industry change how an exchange answers to its shareholders?”

Coinbase named Kelly Kramer to its board of directors on Dec. 16, 2020, after a nine-year run at Cisco that included the chief financial officer's job12. CEO Brian Armstrong revealed the appointment on Dec. 16 as well, pairing it with the move of Andreessen Horowitz co-founder Marc Andreessen to a full-time board role. Kramer took over as chair of Coinbase's Audit and Compliance Committee. Coinbase's stock began trading on Nasdaq four months later, in April 2021.

One of Coinbase's 11 leadership moves on the record came in 2020

Leadership moves CryptoLately has verified at Coinbase, by year

  • 2020: 1
  • 2017, 2018, 2019, 2021, 2022, 2023, 2024

    Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

    Read the chart as a table
    ItemValue
    20171
    20180
    20190
    20201
    20211
    20221
    20230
    20242

    10 board appointments on the record in 2020

    Board appointments CryptoLately has verified, by year

    • 2020: 10
    • 2017, 2018, 2019, 2021, 2022, 2023, 2024

      Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

      Read the chart as a table
      ItemValue
      20171
      20183
      20193
      202010
      202110
      20224
      20234
      20246

      What the appointment covered

      Armstrong described the job Kramer had held at Cisco. She was “responsible for managing the company's financial strategy and overseeing all financial functions, corporate development, acquisition program, integrations and investor relations,” he said2. Kramer had just left Cisco after nine years there. Her titles there included executive vice president and chief financial officer.

      Kramer replaced Chris Dodds. He was a former Charles Schwab board member who had served on Coinbase's board for more than two years2. Coinbase's own post framed the reason for the switch in plain terms. “Chris had recently indicated his desire to transition off of the Board to spend more time on matters related to his family,” the company wrote. “We thank Chris for his keen insights and contributions to the Board and Coinbase, and look forward to his continued support of the company in the future”1.

      Who Kramer was before Coinbase

      Kramer arrived with two other board seats already on her resume. She sat on the boards of Snowflake, the cloud data company, and Gilead Sciences, the biotechnology firm, chairing the Audit Committee at Gilead1. That combination made her an outside-sector hire of the kind Coinbase had been assembling on purpose. Cointelegraph noted that the exchange's board drew from finance, technology and venture capital, with members recruited from companies outside cryptocurrency and enterprise blockchain alike2.

      What came next

      Kramer still sat on Coinbase's board as of June 2026, nearly six years after her appointment. A Form 4 filing in June 2026 showed 1,268 restricted stock units vesting into Class A shares, bringing her direct holdings to 34,919 shares. The same filing recorded a new grant of 2,657 RSUs3. Its only title for her was director of Coinbase Global, Inc., the same role Armstrong had announced on Dec. 16, 2020.

      Sources

      1. Coinbase, "Kelly Kramer, former CFO of Cisco, joins Coinbase Board," Coinbase Blog, Dec. 16, 2020, https://www.coinbase.com/blog/kelly-kramer-former-cfo-of-cisco-joins-coinbase-board
      2. Sam Bourgi, "Former Cisco CFO joins Coinbase board as mainstream recognition grows," Cointelegraph, Dec. 16, 2020, https://cointelegraph.com/news/former-cisco-cfo-joins-coinbase-board-as-mainstream-recognition-grows
      3. Stock Titan, "Coinbase (COIN) director Kramer receives new RSU grant and shares," June 18, 2026, via Google News, https://news.google.com/rss/articles/CBMiswFBVV95cUxNM1E2SmY2US1kdW5KVlF2ZWdkYXJLMU9wVTJSSU50cGxxblJoc29OdEp5eGpwTzdGRlJQYTI3c2pTRV9XTW9FQm9tSHFXMm8xN3ZScDhGTkMxYzItRWFxOGQzZXkzTTlmejUyNEdueUJqa2h1VjJ4d0RnMU5RLVdsNzF4dVV6VUtFUEszTUdTRUMweTdraXVWWGtrQmxNTmsycWdrUFMyQUJSQjZGUVYtUlRLMA?oc=5

      Cite this piece

      Ryan Elliott Dennis, "Coinbase Adds Ex-Cisco CFO Kelly Kramer to Its Board," CryptoLately, Dec 16, 2020, https://cryptolately.com/articles/coinbase-adds-ex-cisco-cfo-kelly-kramer-to-board

      Related, lately

      More

      Keyboard

      j k
      Move through a list
      Enter
      Open the selected piece
      /
      Search the list, or the whole site
      g then h
      Latest
      g then a
      Articles
      g then s
      The Signal
      g then o
      Opinion
      g then p
      People
      ?
      This sheet
      Esc
      Close