Former PepsiCo Treasurer and CFO Leonard Schutzman, who is the Chairman of the Board of Directors, at Arbitrade will now also be its Chief Executive Officer, said a statement. Schutzman said he was excited to take on this leadership role in an industry that will grow exponentially on a global scale.
“It is a time of growth for our companies and at Arbitrade, I am fortunate to be supported by some of the best minds in the Cryptocurrency. This, and the combination of our distinctive strategy and proprietary software, will allow me to put together a world class management team and Board of Directors. I am confident that Arbitrade has the potential to be a best–of–breed Cryptocurrency company.”
Arbitrade said that through its proprietary software and strategic partnerships, plans to be in all segments of the cryptocurrency business, including currency mining, trading, gift cards, debit cards, money transfer and Point of Sale processing.
Schutzman spent almost thirty-year at PepsiCo, Inc., serving in a variety of leadership positions including Treasurer of PepsiCo Corporate, and Chief Financial Officer of PepsiCo, Inc., Frito-Lay and Taco Bell.