Michael Weisz has been appointed CEO of Yieldstreet.
Milind Mehere will transition from his day-to-day responsibilities. Mehere and Weisz have co-led Yieldstreet for the past nine years both as co-founders, and CEO and president, respectively.
“After nine wonderful years building a company that is transforming the investor experience in private markets, now is the right time for a single voice to lead Yieldstreet,” said Mehere. “I’m also very excited for my next chapter as a Yieldstreet board member and ongoing senior adviser. Yieldstreet’s future is incredibly bright, and I have every confidence that under Michael’s leadership the company will reach new heights.”
Recently, Yieldstreet has continued to grow its senior team with the appointments of Ted Yarbrough as its CIO, who joined after nearly 30 years at Citigroup, and Lea Stendahl, formerly a senior executive at E*TRADE, as chief marketing officer.