Cryptocurrency exchange BTC Markets is on the hunt for a new CEO after Caroline Bowler she’ll step down in early August after five years in the role.
The 12-year-old digital asset exchange, which is used by more than 362,000 Australians who’ve traded in excess of $28.2 billion, has engaged Tier One People’s Dexter Cousins to find a new leader, and Bowler has agreed to stay on as acting CEO if no one’s found by her planned August 8 departure date.
The business is in great shape with strong revenue and a bolstered balance sheet. Our clients are phenomenal, and we’re sharply focused on them. The team are at the top of their game, delivering on our product roadmap in a much-changed global environment. The wind is in our sails. It’s time,” she said.
“Leading BTC Markets has been the best job in crypto and an incredible privilege, especially navigating through the tough bear market years. Part of the role of a CEO is to help the business navigate difficult terrain — but another part is knowing when the time is right to step aside and pass the baton. That time is now.”
Bowler said her plan is “to potter about the garden for about six months. Think I need a long rest”.
Announcing the news, the company said her leadership saw BTC Market successfully navigated the challenges of the crypto bear market, returning to strong revenue growth and reinforcing its balance sheet.
The business has made several hires over the past financial year and into FY26 and says it is focused on delivering a more intuitive and streamlined trading experience for users.
Her decision drew praise from several admirers, including Shiv Mehta from Insight Labs AI, who said: “Case studies should be made and taught on business schools around your leadership tenure at BTC Markets and the way you lead during 2021-2022”.
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