#What Does David Schwartz's Transition Mean for Ripple?
David Schwartz recently announced his transition from his role as chief technology officer at Ripple to a position as CTO Emeritus. This change allows him to step back from daily responsibilities. Atlas opened a new chapter in his professional journey, providing him the opportunity to focus on personal interests, including family and hobbies.
As one of the cornerstone figures in Ripple's development, Schwartz oversaw the evolution of the company's cross-border payment systems and led its global engineering team. After contributing significantly to the creation of the XRP Ledger over more than ten years, his departure marks a pivotal moment for the company. His commitment continues as he joins Ripple's board of directors, a role he sees as an opportunity to support the company's long-term vision and mission.
Reflecting on his time at Ripple, Schwartz expressed sincere gratitude towards the company's leadership, recognizing their contributions to Ripple's identity and success. His decision to step down will enable Dennis Jarosch, the current Senior Vice President of Engineering, to take over and guide the technological initiatives henceforth.
As Schwartz transitions, he reassured the XRP community that he remains dedicated to their interests. He emphasized that he is not withdrawing from the ecosystem but rather shifting his focus to new endeavors while still engaging with the community. This adjustment presents a moment of reflection for Ripple and its supporters, as they prepare for the next steps in the company's evolution under new leadership.