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Sam Trabucco, co-CEO at Alameda Research, has taken to Twitter to announce that he's stepping down from his role.
Trabucco says that he will remain in a non-executive advisory role.
Caroline Ellison has been earmarked to become the trading firm's next sole CEO.
Trabucco claims that he has “gradually” reduced his role at Alameda since he cannot devote enough time to work at the moment. He adds that he has reached a point in his life where he now wants to prioritize “other things.”
Stepping away from work, Trabucco is not focused on traveling, visiting friends, and relaxing.