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Circle E-Payment Co-Founder Sean Neville Quits as CEO After Reshuffle:

Payments company Circle co-founder Sean Neville steps down from the position to take another responsibility in the company. 
According to cryptocurrency media outlet CoinDesk on Dec. 5, co-founder and co-CEO Sean Neville will transition to a post on the company’s board of directors in January.
which means Circle will have to fill up the position of the CEO on or before the start of business in the first quarter 2020.

Sean Neville transcends to a board member

Neville founded Circle with his friend Jeremy Allaire in 2013, and has presided over its transitioning in the ensuing years, including a pivot away from Bitcoin (BTC) and the acquisition of cryptocurrency exchange Poloniex  in 2018. 
As Cointelegraph reported, Circle is now selling Poloniex, .
Sean will additionally continue his activities with Centre, the project between Circle and cryptocurrency exchange Coinbase which produced the company’s native stablecoin, USD Coin (USDC). CoinDesk quoted him as stating in an email:
“I also expect to propel the mission forward through CENTRE and other new complementary paths that traverse worthwhile challenges in infrastructure, regulatory policy, economics, and product design.” 
as at the time of writing Neville has yet to confirm the move, and at press time had not updated his personal information on resources such as LinkedIn and the likes to reflect any changes in his profile.

THE CHANGES AT CIRCLE

Circle’s sale of Poloniex, which it originally acquired for $400 million, has not settled without controversy. As part of the developements in the sale United States traders will no longer be able to use the platform at all for thier crypto trading.
This week, executives announced that those who do not withdraw their funds from Poloniex before a Dec. 16 deadline would face various recriminations, including potential forfeiture of their entire deposited balance. 
Cointelegraph has reached out to Circle and Neville for comment, but had not received a response at press time.
we await and anticipate that this transition will further introduce more opportunities for circle and allow growth and collaborations.

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