Argo CEO Named Interim Chairman With US Share Sale Planned

Argo CEO Named Interim Chairman With US Share Sale Planned

Argo Blockchain, the U.K.-listed crypto mining company that’s planning a U.S. share sale this quarter, named CEO Peter Wall as interim chairman and expanded its board of directors.

  • Wall replaces Ian Macleod until a new candidate is identified, the company said in a statement.
  • The company, based in London, also appointed Finance Director Alex Appleton to the board and named Perry Hothi as chief technology officer.
  • Three non-executive directors joined: Colleen Sullivan, the CEO of CMT Digital, Maria Perrella, previously the CFO of Canada-based MDA, and Sarah Gow, a former executive at Citigroup Asset Management.
  • Non-executive directors James Savage, and Marco D'Attanasio left the company.
  • Earlier this month Argo submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC) for the sale of yet-to-be-determined number American Depositary Shares.
  • Source