| appoints Simon Dössegger as CEO
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The modum team is excited to announce that Simon Dössegger will succeed Malik El Bay, a co-founder of, as CEO as of October 2017.

The modum board of directors and team are eager to bring Simon on board to take modum to the next level. Simon, 31, holds a Master’s in Robotics Engineering from ETH Zurich. He led Skybotix, an ETH spin-off, serving as CEO for 2.5 years, after which it was acquired by American action-camera maker GoPro. At GoPro, Simon held a senior product and technology management role while helping to scale operations locally.

Malik El Bay, an experienced entrepreneur, has initiated a number of start-up projects over the last several years. His efforts have paved the way for modum’s successful market entry. He is eager to take on new challenges and continuing to bring big, new ideas into reality. He remains committed to supporting the modum team execute its vision and will continue to support the team as an advisor.

Comments from Chairman of the Board, Werner Spörri:

“Simon is going to take to the next level. His experience in scaling high-tech start-ups, his passion for driving product management at a global scale, and his authentic team spirit, make him an extraordinary fit for His experience leading a new team as they enter the market make him the right person to lead to the next stage of growth after closing a successful token sale.”

Comments from Malik El Bay:

“Simon is a remarkable leader who will, with certainty, drive’s ongoing success. I’m very happy with the board’s decision and I’m confident that under Simon’s leadership will lead the deployment and adoption of blockchain technology in the global supply chain.”

Comments from Simon Dössegger:

“I’m incredibly excited and honoured to join the team, who have, in a short period of time, caused an exciting disruption in supply-chain operations. Together, we will position modum to execute on our milestones and drive the company to profitability. has a rare combination of incredibly talented people, a culture dedicated to product innovation, momentum in the market, and a product connecting several thriving technology sectors.”

If you are active on social media we would love for you to check out Simon’s bio and experience on LinkedIn and help us welcome him via Slack and Reddit channels. You can also read our official press release here.