Sphere 3D President and CEO Taking Temporary Leave of Absence
Sphere 3D Corp. (NASDAQ: ANY) announced that President and CEO Patricia Trompeter will take a temporary medical leave of absence for approximately four months to address an existing health condition. During this period, she will remain on the Board of Directors and continue participating in key strategic decisions.
Chief Financial Officer Kurt Kalbfleisch, who has served as Senior VP, CFO, and Secretary since December 2014, will assume the role of acting CEO, overseeing daily operations and maintaining business continuity. The Board of Directors has expressed full confidence in the management team's ability to execute strategic initiatives during this transition period.
Sphere 3D Corp. (NASDAQ: ANY) ha annunciato che il Presidente e CEO Patricia Trompeter prenderà un congedo medico temporaneo di circa quattro mesi per affrontare una condizione di salute esistente. Durante questo periodo, rimarrà nel Consiglio di Amministrazione e continuerà a partecipare alle decisioni strategiche chiave.
Il Direttore Finanziario Kurt Kalbfleisch, che ricopre il ruolo di VP Senior, CFO e Segretario dal dicembre 2014, assumerà il ruolo di CEO ad interim, supervisionando le operazioni quotidiane e mantenendo la continuità aziendale. Il Consiglio di Amministrazione ha espresso piena fiducia nella capacità del team di gestione di attuare le iniziative strategiche durante questo periodo di transizione.
Sphere 3D Corp. (NASDAQ: ANY) anunció que la Presidenta y CEO Patricia Trompeter tomará una licencia médica temporal de aproximadamente cuatro meses para abordar una condición de salud existente. Durante este período, permanecerá en la Junta Directiva y continuará participando en decisiones estratégicas clave.
El Director Financiero Kurt Kalbfleisch, quien ha estado desempeñando el cargo de VP Senior, CFO y Secretario desde diciembre de 2014, asumirá el papel de CEO interino, supervisando las operaciones diarias y manteniendo la continuidad del negocio. La Junta Directiva ha expresado plena confianza en la capacidad del equipo de gestión para ejecutar iniciativas estratégicas durante este período de transición.
스피어 3D 코퍼레이션 (NASDAQ: ANY)은 회장 겸 CEO인 패트리샤 트롬프터가 기존의 건강 문제를 해결하기 위해 약 4개월 간의 일시적인 의료휴가를 가질 것이라고 발표했습니다. 이 기간 동안 그녀는 이사회에 남아 주요 전략적 의사결정에 계속 참여할 것입니다.
재무 최고 책임자 커트 칼프라이시는 2014년 12월부터 수석 부사장, CFO, 비서로 재직해왔으며, CEO 직무대행을 맡아 일상 운영을 감독하고 사업 연속성을 유지할 것입니다. 이사회는 이 전환 기간 동안 경영진이 전략적 이니셔티브를 실행할 수 있는 능력에 대해 전폭적인 신뢰를 표명했습니다.
Sphere 3D Corp. (NASDAQ: ANY) a annoncé que la Présidente et CEO Patricia Trompeter prendra un congé médical temporaire d'environ quatre mois pour traiter un problème de santé existant. Pendant cette période, elle restera au conseil d'administration et continuera à participer aux décisions stratégiques clés.
Le Directeur Financier Kurt Kalbfleisch, qui occupe le poste de VP Senior, CFO et Secrétaire depuis décembre 2014, assumera le rôle de CEO par intérim, supervisant les opérations quotidiennes et maintenant la continuité des activités. Le conseil d'administration a exprimé sa pleine confiance dans la capacité de l'équipe de direction à exécuter les initiatives stratégiques pendant cette période de transition.
Sphere 3D Corp. (NASDAQ: ANY) gab bekannt, dass die Präsidentin und CEO Patricia Trompeter für etwa vier Monate eine vorübergehende medizinische Auszeit nehmen wird, um sich mit einer bestehenden Gesundheitsbedingung auseinanderzusetzen. Während dieser Zeit bleibt sie im Vorstand und wird weiterhin an wichtigen strategischen Entscheidungen teilnehmen.
Der Finanzvorstand Kurt Kalbfleisch, der seit Dezember 2014 als Senior VP, CFO und Sekretär tätig ist, wird die Rolle des amtierenden CEO übernehmen, die täglichen Abläufe überwachen und die Geschäftskontinuität aufrechterhalten. Der Vorstand hat vollstes Vertrauen in die Fähigkeit des Managementteams, strategische Initiativen während dieser Übergangszeit umzusetzen.
- CEO remains involved in strategic decisions while on leave
- Seamless leadership transition with experienced internal successor
- Temporary absence of CEO for 4 months creates leadership uncertainty
- Potential impact on operational efficiency with dual role of CFO/Acting CEO
Chief Financial Officer Kurt Kalbfleisch Named Acting CEO
Stamford, Connecticut--(Newsfile Corp. - January 31, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that President and CEO Patricia Trompeter will be taking a temporary medical leave of absence to address an existing health condition. She is expected to be on leave for approximately four months.
During this time, Ms. Trompeter expects to remain engaged in key strategic decision-making as she continues serving on the Board of Directors, ensuring that her vision and leadership continue to guide the Company. Chief Financial Officer Kurt Kalbfleisch will assume the role of acting CEO, overseeing daily operations and maintaining business continuity.
"I have full confidence that our team will continue executing our strategy seamlessly while I am on leave. Their dedication, expertise, and commitment to our shared vision ensure we remain on track for success," said Ms. Trompeter. "I am dedicated to assisting with business matters during this period as my health permits and look forward to resuming my full duties in due course."
Mr. Kalbfleisch has served as Senior Vice President, Chief Financial Officer, and Secretary of the Company since December 1, 2014, and is well-versed in all aspects of the business. The Board of Directors has expressed full confidence in the management team's ability to execute the Company's strategic initiatives and maintain momentum during this period.
"We remain committed to executing our strategy and driving continued progress," said Duncan McEwan, Chairman of the Board.
About Sphere 3D
Sphere 3D Corp. (NASDAQ: ANY) is a cryptocurrency miner growing its industrial-scale Bitcoin mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with best-in-class data center operators. Sphere 3D is dedicated to growing shareholder value while honoring its commitment to strict environmental, social, and governance standards. For more information about Sphere 3D, please visit Sphere3D.com.
Safe Harbor
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements relating to (i) Ms. Trompeter will be taking a temporary medical leave of absence to address an existing health condition; (ii) she will remain on the Board of Directors during her absence; (iii) that Mr. McEwan and the rest of the executive team will continue to execute on our strategy and implement day-to-day operations; and (iv) that Ms. Trompeter plans to return if her health permits; in addition to other matters discussed in this press release that are not purely historical data. We do not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contemplated by such statements. For more information concerning these and other possible risks, please refer to our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2024, and other filings with the Securities and Exchange Commission, as well as recent press releases. These filings can be accessed over the Internet at http://www.sec.gov/edgar/searchedgar/companysearch.html.
Sphere 3D Contacts
Kurt Kalbfleisch, CFO, Sphere 3D
Investor.relations@sphere3d.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239250
FAQ
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