Matthew Cox
news
Reading time: 3 min
Date: 24th Jun 2021

Introducing Our New President: Ray Alvarez

We are pleased to announce that Ray Alvarez has been appointed as President and CEO of ARK ECOSYSTEM, SCIC effective immediately.

When we began this journey in 2016, on the back of a failed funding round, no one expected us to make it as far as we have. Five years later our company has produced millions of lines of code encompassing an entire suite of open source products that are used by a community that spans the globe.

We are honored by the support and adoption our products have received, and our community drives our desire to make this company and our products the best in the industry. We are grateful for the trust you have placed in us over these past 5 years. Your love for ARK inspires us to always strive to be better than we were yesterday.

After careful consideration and debate, we believe that it is time to bring new energy and leadership to the highest levels of our company as we transition into the next phase of our journey.

We will always be thankful to Francois-Xavier Thoorens for the work he has done at ARK. As a Co-founder, he will always be a welcome member of our family and we wish him the best in his future endeavors. We know that he still has a lot to contribute to this industry and can’t wait to see what he does next.

Introducing Our New President: Ray Alvarez

As we thought about the kind of person we wanted leading ARK into the future, there was no one more fitting than Ray Alvarez.

Ray is a hardworking, results-oriented, individual. He is a Miami native and graduated from Florida International University with a major in political science and international relations. He went on to law school and interned at several prestigious law firms and judge clerkships during his time in school. He graduated in 2014 and has worked in different areas with regards to insurance defense, finance, and blockchain legal research. Most recently, he obtained his certification in Project Management and will be applying for an LLM in Securities Laws & Regulations at Georgetown.

As a long-time ARK supporter and former Delegate of the ARK Public Network, Ray has a unique insight into our products that will be invaluable as he takes the reigns of the company. When coupled with his impressive qualifications and extensive legal background, selecting him as our next President was an easy decision.

Moving Forward

Ray brings a new level of energy and leadership to ARK that we believe will make this new phase of our journey the most exciting yet. We have a lot in store for you in the coming months including the public opening of MarketSquare, Core v3, and the unveiling of a new brand and direction for some of our most beloved products that you won’t want to miss!