Hedera put out a release from Dallas at 09:01 EDT on September 16, 2021, which was 13:01 UTC. It named an independent HBAR Foundation and its first chief executive, Shayne Higdon . The Governing Council had earmarked up to 5.35 billion hbars for the Foundation, worth about $2.5 billion that day by the release's own count. Higdon held the job for 1,080 days and left on August 31, 2024.
· Shayne Higdon becomes the first CEO of the new HBAR Foundation
Shayne Higdon Becomes the HBAR Foundation's First CEO
Hedera named Shayne Higdon first CEO of the HBAR Foundation on September 16, 2021. He left in August 2024, and the Foundation's grants, funds and on-chain activity followed a separate path.

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People in this piece
- Brian Brooks
- Charles Adkins
- Edward Moya
- Elaine Song
- Mance HarmonHedera Hashgraph, LLC, CEO
- Mark Radcliffe
- Shayne HigdonHBAR Foundation, Executive Director and CEO
- Tim Tolka
- Tom Sylvester
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HBAR Foundation · Hedera · Hedera Council · DLA Piper · Archax · BlackRock · Thrive Protocol · Disruption Banking · Oanda