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Wealthfront Names Adam Nash CEO

Adam Nash, the chief operating officer at the online financial adviser startup Wealthfront, will become its chief executive. Former CEO Andy Rachleff, who co-founded the venture capital firm Benchmark, told PandoDaily of the switch, saying, “I was meant to be a VC.” Rachleff will now serve as executive chairperson. Before joining Wealthfront in 2012, Nash led product management at LinkedIn.

This article originally appeared on Recode.net.