Former Cognizant, Chevron Executive to Lead Regulatory and Policy Strategy
Galaxy Digital has announced that Matt Friedrich will be stepping in as Chief Legal Officer starting September 8, taking the reins on the company’s global legal and compliance efforts. In his new role, he’ll oversee everything from regulatory engagement and corporate governance to litigation and public policy, reporting directly to CEO and Founder Mike Novogratz as part of the senior leadership team.
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Mike Novogratz said Friedrich’s appointment is “a critical addition” to Galaxy’s leadership, highlighting how it reflects the company’s drive to keep growing and innovating on a global scale.
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“With laws and regulations constantly evolving worldwide, Friedrich’s combined experience in both the public and private sectors will play a vital role,” Novogratz explained. “His expertise will help us expand Galaxy’s reach and shape the future of digital assets and AI.”
Friedrich brings an impressive track record, having served in top legal roles at Cognizant Technology Solutions, where he led global legal, compliance, and government affairs, and at Chevron as Chief Corporate Counsel. He’s also been a partner at leading law firms Freshfields Bruckhaus Deringer and Boies, Schiller & Flexner, representing multinational corporations in high-stakes investigations and litigation. His career began in public service, spending 13 years at the U.S. Department of Justice, where he ultimately became Acting Assistant Attorney General of the Criminal Division.
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Joining Galaxy, Friedrich said he’s eager to work alongside “one of the most sophisticated and well-respected players” in digital assets and AI. “As these industries continue to reshape financial services, I look forward to using my experience with multinational companies and stakeholders to help chart Galaxy’s continued growth as a leading investor, adviser, operator, and partner,” he said.
Friedrich will succeed Andrew Siegel, who has served as General Counsel since 2017. Under Siegel’s leadership, Galaxy’s legal and compliance team navigated a complex and fast-changing regulatory environment, playing a vital role in milestones such as the company’s recent Nasdaq listing. Novogratz expressed his gratitude, noting, “Andrew’s steady leadership and deep commitment to Galaxy’s mission have helped shape the company from the very beginning. We thank him for his service and wish him the best in his next chapter.”
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