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Argo CEO Named Interim Chairman With US Share Sale Planned
Earlier this month the company submitted a draft registration statement to the SEC for the sale of American Depositary Shares.
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.
STORY CONTINUES BELOW
- 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.
See also: Argo Blockchain Secures $20M Bitcoin-Backed Loan to Expand Texas Data Center
Sheldon Reback
Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.
