Coinbase Global, Inc. (NASDAQ: COIN) announced that Lawrence Brock, its Chief People Officer, notified the company on July 22, 2026, of his intention to resign, effective August 17, 2026.

Brock will remain a Coinbase employee through September 1, 2026, to assist with the transition of his responsibilities. The company expects to appoint Dominique Baillet as the new Chief People Officer.

On July 23, 2026, Coinbase and Brock entered into an advisor agreement under which Brock will provide advisory services from September 2, 2026, through November 30, 2026. Under the agreement, Brock will receive a lump sum payment equal to three months of his current base salary, payable following the end of the advisory period, along with continued vesting of restricted stock units scheduled to vest on November 20, 2026, subject to his continued services under the agreement.