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Fortune
Fortune
Sheryl Estrada

Robinhood’s CFO transition played out over 7 years and included a powerful mentorship story

(Credit: Courtesy of Robinhood)

Robinhood is known for propagating meme-stock mania, making its founders billionaires, and changing how Americans invest. But a model of corporate governance and succession planning? Well, add it to the list. Robinhood’s carefully planned CFO transition underscores how far the company has come—from a scrappy startup navigating hyper-growth and market turbulence to an S&P 500 firm focused on durable, disciplined execution. 

The Menlo Park, Calif.–based fintech and trading platform, which offers traditional asset and cryptocurrency trading, announced in November that CFO Jason Warnick is retiring. He will move into an advisory role in the first quarter of 2026 and remain with the company until Sept. 1, 2026, as Shiv Verma, SVP of finance and strategy and treasurer, steps into the top finance job.​ Fortune recently sat down with the duo at Robinhood’s Washington, D.C., office to delve into how they orchestrated the handoff—and what they learned along the way. 

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