• Former President of FTX US, Brett Harrison revealed the reasons for his resignation from the position.
• He explained that SBF had attempted to block him off from essential decisions involving FTX’s US operations after 17 months as the head of FTX US.
• Brett Harrison claimed that disagreements with Sam Bankman-Fried and his subordinates over the management methods at FTX US eventually led to his decision to leave.
Brett Harrison, the former president of FTX US, recently revealed the reasons for his resignation from the position. In a tweet thread, he detailed the unfortunate events that led him to leave his ideal career.
Harrison had previously worked with Sam Bankman-Fried at Jane Street. In late March 2021, he received an invitation from SBF for him to join FTX US. Initially, he worked independently from SBF and had a “great” time during the first few months at FTX US.
However, he soon found himself in disagreements with SBF and his subordinates concerning the management methods at FTX US. They attempted to block him off from essential decisions involving FTX’s US operations after 17 months as the head of FTX US. As time passed, the job became increasingly stressful and Harrison decided to finally walk away.
In his Twitter thread, Harrison expressed his disappointment in the management of FTX US, saying that it was not the “dream job” he had expected. He mentioned that the experience had taught him a lot and that he was ready to move on to a new chapter in his life.
Despite the unfortunate events that led him to leave, Harrison expressed his gratitude to SBF for the opportunity and to FTX US for the “incredible journey”. He also thanked the team and the community for their support during his time at the firm.
Brett Harrison’s experience serves as a reminder for us to be aware of the different management methods we are exposed to in the workplace. A great deal of caution is required when dealing with inexperienced management and disagreements should be handled in a professional manner.