Ripple veteran David Schwartz officially departed from the company’s executive leadership this week. The former technology officer also updated his title to “CTO Emeritus” on X and LinkedIn.
Schwartz directed the technical evolution of Ripple’s cross-border payment systems and managed its global engineering organization. The XRP Ledger co-architect, who served as a core leader for more than a decade, will join the board of directors as his next official step.
“The time has come for me to step back from my day-to-day duties as Ripple CTO at the end of this year,” Schwartz said in a statement in October 2025, when he revealed his retirement plans. “I’m really looking forward to spending more time with the kids and grandkids and going back to the hobbies I set aside.
With Schwartz’s departure from daily operations, Dennis Jarosch, Ripple’s Senior Vice President of Engineering, will take the lead in directing the company’s technology organization.
https://cryptobriefing.com/ripple-cto-david-schwartz-transitions-emeritus-role/
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tldr; David Schwartz, Ripple’s long-serving CTO, has transitioned to the role of CTO Emeritus, stepping back from daily responsibilities to focus on family and hobbies. Schwartz, a key figure in Ripple’s technical evolution and co-architect of the XRP Ledger, will join Ripple’s Board of Directors to support its mission. Dennis Jarosch, SVP of Engineering, will lead Ripple’s technology organization. Schwartz remains committed to the XRP community despite his reduced operational role.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Emeritus just means having retired but allowed to retain their title as an honor. He will still remain a fat disgusting slob too.
Dude is a legend with more commits to bitcoin code, before even co creating xrp, than every maxi on reddit