Bradley Kent Garlinghouse (born February 4, 1971) is the CEO of financial technology company

Ripple Labs Ripple Labs, Inc. is an American technology company which develops the Ripple payment protocol and exchange network. Originally named Opencoin and renamed in 2015, the company was founded in 2012 and is based in San Francisco, California. Hist ...

. He previously was the CEO and chairman of

Hightail Hightail, formerly YouSendIt, is a cloud service that lets users send and receive digitally sign and synchronize files. YouSendIt.com and YouSendIt Inc. were founded in 2004; the company renamed itself Hightail in 2013. The company's early focu ...

(formerly

YouSendIt Hightail, formerly YouSendIt, is a cloud service that lets users send and receive digitally sign and synchronize files. YouSendIt.com and YouSendIt Inc. were founded in 2004; the company renamed itself Hightail in 2013. The company's early focu ...

). Before Hightail, he worked at

AOL AOL (stylized as Aol., formerly a company known as AOL Inc. and originally known as America Online) is an American web portal and online service provider based in New York City. It is a brand marketed by the current incarnation of Yahoo (2017� ...

and

Yahoo! Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Man ...

He was born February 6, 1971, in Topeka, Kansas. Garlinghouse has a BA in economics from the

University of Kansas The University of Kansas (KU) is a public research university with its main campus in Lawrence, Kansas, United States, and several satellite campuses, research and educational centers, medical centers, and classes across the state of Kansas. Tw ...

and an MBA from

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

. The whitewashing of unflattering details from this Wikipedia page was a subject of discussion by

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...

in August 2020.

Career

Garlinghouse had early stints at

@Home Network @Home Network was a high-speed cable Internet service provider from 1996 to 2002. It was founded by Milo Medin, cable companies Tele-Communications Inc. (TCI), Comcast, and Cox Communications, and William Randolph Hearst III, who was their fir ...

and as a GP at @Ventures before joining

Dialpad Dialling (dialing in US English) is the action of initiating a telephone call by operating the rotary dial or the telephone keypad of a telephone. Rotary dial Prior to Strowgers invention of SXS, rotary switch in 1891, telephone connections involv ...

as CEO from 2000 to 2001. From 2003 to 2008, he served as Senior Vice President at

where he ran its Homepage,

Flickr Flickr ( ; ) is an American image hosting and video hosting service, as well as an online community, founded in Canada and headquartered in the United States. It was created by Ludicorp in 2004 and was a popular way for amateur and professional ...

Yahoo! Mail Yahoo! Mail is an email service launched on October 8, 1997, by the American company Yahoo (2017–present), Yahoo, Inc. The service is free for personal use, with an optional monthly fee for additional features. Business email was previously av ...

, and

Yahoo! Messenger Yahoo! Messenger (sometimes abbreviated Y!M) was an advertisement-supported instant messaging client (computing), client and associated protocol provided by Yahoo!. Yahoo! Messenger was provided free of charge and could be downloaded and used wit ...

divisions. While at Yahoo! he penned an internal memo known as the "Peanut Butter Manifesto," calling for the company to focus on its core business, rather than spreading itself too thin, like peanut butter. After Yahoo!, he served as a Senior Advisor at

Silver Lake Partners Silver Lake is an American global private equity firm focused on investments in technology, technology-enabled and related industries. Founded in 1999, the firm is one of the largest technology investors in the world. Its investment holdings have ...

, and then went on to be President of Consumer Applications at

from 2009 to 2011. He joined Hightail and served as its CEO until September 2014, leaving after a disagreement with the board regarding company direction. Garlinghouse previously held board positions at Animoto. Garlinghouse joined Ripple as COO in April 2015, reporting to then CEO and co-founder Chris Larsen. He was promoted to CEO in December 2016. In December 2019, Garlinghouse announced that Ripple had raised a $200M series C funding round from Tetragon, SBI Ventures and Route 66 Ventures. In 2020 Garlinghouse admitted that Ripple Labs would be losing money if it did not have the revenue generated from the sales of the XRP cryptocurrency. In 2018 and 2019, Garlinghouse claimed on multiple occasions that the published error rate for SWIFT messaging was at least 6%. This was shown to be untrue by research published by the London School of Economics Business Review that showed Garlinghouse's claims were based on mis-reading of a paper published by SWIFT that did not refer to error rates in messaging. Garlinghouse has been personally named in a group of class actions, notably ''Zakinov v. Ripple Labs Inc.'' (case number 18-6753), running since 2018 that claim Garlinghouse and his employers, Ripple Labs Inc. have been in breach of various California and Federal securities laws. He was also a party to ''Bitcoin Manipulation Abatement LLC v. Ripple Labs Inc.'', which was administratively closed with reference to case 18-6753 previously mentioned. On December 23, 2020, the

U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...

(SEC) issued a complaint alleging that Garlinghouse, Ripple Labs and Ripple Chairman Chris Larsen had committed multiple breaches of securities laws.

References

External links

Brad Garlinghouse - AOL Corp

Garlinghouse new CEO of YouSendItWhy Brad Garlinghouse left Hightail
{{DEFAULTSORT:Garlinghouse, Brad 1972 births American chief executives American chief operating officers Angel investors Harvard Business School alumni Living people People from Atherton, California People from Menlo Park, California People from Topeka, Kansas University of Kansas alumni People associated with cryptocurrency 21st-century American businesspeople