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· Yuga Labs names Michael Figge CEO as co-founder Greg Solano becomes chairman

Yuga Labs Names Michael Figge Chief Executive

Greg Solano announced on April 16, 2026, that Michael Figge, who had worked at Yuga Labs since 2021, would become chief executive while Solano moved to chairman of the board.

Updated on 2 min read · 2 sources

The move at a glance

The Moves Ledger, event W0170
Role
Chief Executive OfficerChief executive
Organization
Yuga Labs
In or out
InAppointed Chief Executive Officer
Became public
The first dated public source, UTC
A laptop screen lit in blue showing lines of code
A laptop screen lit in blue showing lines of code. Photo · Pexels
“Yuga Labs handed its chief executive job on April 16, 2026, to Michael Figge, who had worked at the company since 2021 and whose work on its Otherside metaverse project Greg Solano credited. Can years inside one project prepare someone to run the whole company?”

Greg Solano announced on April 16, 2026, that Michael Figge would become Yuga Labs' next chief executive1. Figge had worked at the company since 2021, he told The Block2. Solano, a Yuga Labs co-founder, moved into the role of chairman of the board on April 16 as well.

The second CEO appointment at Yuga Labs on the record since 2024

Leadership moves CryptoLately has verified at Yuga Labs, by year

  • 2026: 2
  • 2022, 2023, 2024, 2025

    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
    20221
    20232
    20243
    20250
    20262

    18 CEO appointments on the record in 2026 so far

    CEO appointments CryptoLately has verified, by year; 2026 through Oct. 2, 2026

    • 2026: 18
    • 2019, 2020, 2021, 2022, 2023, 2024, 2025

      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
      20198
      20207
      20216
      202218
      202317
      202426
      202535
      202618

      The move

      Solano made the announcement himself, under the header "Some news to share." He wrote, “After serving as CEO the past couple years, I'm moving into the role of Chairman of the Board, and @mfigge will become Yuga's next CEO. Figge is the absolute best person for the job. There's no one I trust more to lead Yuga through this next chapter”1. He credited Figge's recent work on Otherside, the company's metaverse project, calling it proof of his ability to turn a vision into something real.

      Figge posted his own statement on April 16, 2026. “With Otherside, we're developing a world class social platform for digital ownership and crypto,” he wrote2. “People will explore Otherdeeds, compete for resources, and build their own experiences,” he added, naming user growth as the goal. He told The Block he had already been chief executive for a few weeks by the time of the public announcement.

      Before and after the handoff

      Figge joined Yuga Labs in 2021, he told The Block2. Solano had led Yuga Labs for about two years, having returned as chief executive on February 21, 2024, when he replaced Daniel Alegre, The Block noted in its report on the Figge appointment. He told followers he planned to shift his own focus to "creative direction, writing, and figuring out insane ideas," the work he said he did best1.

      What to watch

      Figge's own post named user growth on Otherside as the test of his tenure, so the next evidence worth checking is Otherside's user base and the pace of its promised feature rollout2. Watch, too, whether BAYC floor prices and Yuga Labs' product cadence shift now that the company has its third chief executive since Nicole Muniz left in December 2022.

      Sources

      1. Greg Solano, post on X, April 16, 2026, https://x.com/CryptoGarga/status/2044856475244286172
      2. RT Watson, "Bored Apes-creator Yuga Labs taps new CEO as Greg Solano moves to chairman role," The Block, April 16, 2026, https://www.theblock.co/post/397818/bored-apes-creator-yuga-labs-taps-new-ceo-greg-solano-chairman

      Cite this piece

      Ryan Elliott Dennis, "Yuga Labs Names Michael Figge Chief Executive," CryptoLately, Apr 16, 2026, https://cryptolately.com/articles/yuga-labs-names-michael-figge-chief-executive

      Tags: Yuga Labs · CEO · Bored Ape Yacht Club · Michael Figge

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