– USA, CO – Riot Blockchain, Inc. (NASDAQ: RIOT), one of the few NASDAQ-listed bitcoin mining companies in the United States, today announced the appointments of Jason Les as CEO and Hannah Cho to the Board as an independent director.
“Strengthening our management team to take advantage of these opportunities has been a high priority for the Board, and we are pleased to appoint Jason to lead the Company. Having worked closely with Jason as a Board colleague for the past two years, the Board is confident that he will continue to leverage his unique skill set and background in Bitcoin to drive the Company’s continued growth.” said Board Chairman, Benjamin Yi.
Jeff McGonegal who was appointed CEO in early 2019, will return to focus on his long-standing position as CFO, a position held since 2003.
“We are thrilled to welcome a critical thinker of Hannah’s caliber to Riot’s Board of Directors,” said Benjamin Yi. “The Board will benefit from her significant experience as a corporate leader and communications specialist. We look forward to utilizing and leveraging her unique professional background and insights.”
About Jason Les
Mr. Les has been deeply involved with Bitcoin since 2013, with significant experience in both mining and as an engineer studying protocol development and contributing to open-source projects. He has served as an independent director on the Board of Directors since 2017, and he will continue to remain as a member of the Board of Directors. As CEO, he will be the driving force behind the strategic focus on Bitcoin mining, and its mission to become one of the most relevant and significant companies supporting the Bitcoin network and greater bitcoin ecosystem.
“It is a privilege to be asked to serve as Riot’s CEO,” said Jason Les. “We are at an exciting and critical juncture in our industry, with Bitcoin positioned to disrupt the global financial system. Also, there continues to be a large shift in mining capacity to the United States, creating a significant opportunity for the Company. With its fleet of next-generation miners, unique industry relationships, and strong balance sheet, Riot is extremely well-positioned to capitalize on these opportunities that we see in front of us.”
About Hannah Cho
Ms. Cho is a veteran marketing and communications professional who has spent her career in the enterprise technology industry. She is currently VP, Marketing Communications at BMC Software, a portfolio company of KKR which offers software and services to support cloud computing, IT service management, automation, IT operations, and the mainframe for digital transformation.
Ms. Cho brings significant executive leadership experience in marketing and communications gained at leading technology companies including Anaplan, CA Technologies, Intel Corporation, and Cisco Systems. In addition to her corporate experience, she was also previously SVP, Technology Communications at Edelman.
About Riot Blockchain
Riot Blockchain focuses on cryptocurrency mining of bitcoin. The Company is expanding and upgrading its mining operations by securing the most energy-efficient miners currently available. Riot also holds certain non-controlling investments in blockchain technology companies. Riot is headquartered in Castle Rock, Colorado, and the Company’s mining facility is located in upstate New York, under a co-location hosting agreement with Coinmint.
For more information: https://www.riotblockchain.com/
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