Greenidge Generation Announces Changes to its Board of Directors
Greenidge Generation Holdings (Nasdaq: GREE) announced significant changes to its Board of Directors effective April 17, 2025. The company appointed two new independent directors: Kenneth Fearn, a senior executive with over 30 years of experience in investments, finance, and M&A, specializing in real estate, and Christopher Krug, an experienced founder and public markets investor focused on small-cap companies.
The appointments are part of Greenidge's ongoing Board refreshment process. Concurrent with these additions, David Anderson and Daniel Rothaupt will retire from the Board. Timothy Fazio, Managing Partner and Co-Founder of Atlas Holdings , has been elected as Chairman of the Board.
Greenidge Generation Holdings (Nasdaq: GREE) ha annunciato importanti cambiamenti nel suo Consiglio di Amministrazione con effetto dal 17 aprile 2025. La società ha nominato due nuovi amministratori indipendenti: Kenneth Fearn, dirigente senior con oltre 30 anni di esperienza in investimenti, finanza e fusioni e acquisizioni, specializzato nel settore immobiliare, e Christopher Krug, fondatore esperto e investitore nei mercati pubblici focalizzato su società a piccola capitalizzazione.
Le nomine fanno parte del processo continuo di rinnovo del Consiglio di Amministrazione di Greenidge. Contestualmente a queste aggiunte, David Anderson e Daniel Rothaupt si ritireranno dal Consiglio. Timothy Fazio, Managing Partner e co-fondatore di Atlas Holdings, è stato eletto Presidente del Consiglio di Amministrazione.
Greenidge Generation Holdings (Nasdaq: GREE) anunció cambios significativos en su Junta Directiva con efecto a partir del 17 de abril de 2025. La compañía nombró a dos nuevos directores independientes: Kenneth Fearn, un ejecutivo senior con más de 30 años de experiencia en inversiones, finanzas y fusiones y adquisiciones, especializado en bienes raíces, y Christopher Krug, fundador experimentado e inversor en mercados públicos enfocado en empresas de pequeña capitalización.
Estos nombramientos forman parte del proceso continuo de renovación de la Junta Directiva de Greenidge. Al mismo tiempo que estas incorporaciones, David Anderson y Daniel Rothaupt se retirarán de la Junta. Timothy Fazio, socio director y cofundador de Atlas Holdings, ha sido elegido presidente de la Junta Directiva.
Greenidge Generation Holdings (나스닥: GREE)는 2025년 4월 17일부터 이사회에 중대한 변화를 발표했습니다. 회사는 두 명의 새로운 독립 이사를 임명했습니다: 부동산 분야를 전문으로 하는 투자, 금융 및 인수합병 분야에서 30년 이상의 경력을 가진 선임 임원 Kenneth Fearn과 소형주에 집중하는 경험 많은 창업자이자 공공시장 투자자인 Christopher Krug입니다.
이번 임명은 Greenidge의 지속적인 이사회 개편 과정의 일환입니다. 이와 동시에 David Anderson과 Daniel Rothaupt는 이사회에서 물러나며, Atlas Holdings의 공동 창립자 겸 매니징 파트너인 Timothy Fazio가 이사회 의장으로 선출되었습니다.
Greenidge Generation Holdings (Nasdaq : GREE) a annoncé des changements importants au sein de son conseil d'administration, effectifs à partir du 17 avril 2025. La société a nommé deux nouveaux administrateurs indépendants : Kenneth Fearn, cadre supérieur avec plus de 30 ans d'expérience en investissements, finance et fusions-acquisitions, spécialisé dans l'immobilier, et Christopher Krug, fondateur expérimenté et investisseur sur les marchés publics, axé sur les petites capitalisations.
Ces nominations s'inscrivent dans le cadre du processus continu de renouvellement du conseil d'administration de Greenidge. Parallèlement à ces ajouts, David Anderson et Daniel Rothaupt prendront leur retraite du conseil. Timothy Fazio, associé directeur et cofondateur d'Atlas Holdings, a été élu président du conseil d'administration.
Greenidge Generation Holdings (Nasdaq: GREE) gab bedeutende Veränderungen in seinem Vorstand bekannt, die ab dem 17. April 2025 wirksam werden. Das Unternehmen ernannte zwei neue unabhängige Direktoren: Kenneth Fearn, ein leitender Angestellter mit über 30 Jahren Erfahrung in den Bereichen Investitionen, Finanzen und Fusionen & Übernahmen, spezialisiert auf Immobilien, sowie Christopher Krug, ein erfahrener Gründer und Anleger an öffentlichen Märkten mit Fokus auf Small-Cap-Unternehmen.
Die Ernennungen sind Teil des fortlaufenden Erneuerungsprozesses des Vorstands von Greenidge. Zeitgleich zu diesen Ergänzungen werden David Anderson und Daniel Rothaupt aus dem Vorstand ausscheiden. Timothy Fazio, geschäftsführender Partner und Mitbegründer von Atlas Holdings, wurde zum Vorsitzenden des Vorstands gewählt.
- Addition of two experienced independent directors with expertise in finance, M&A, and public markets
- Board refreshment process demonstrates active corporate governance
- Loss of two experienced board members through retirement
Kenneth Fearn and Christopher Krug to Join Board as Independent Directors, Bringing Proven Public Company Track Records
David Anderson and Daniel Rothaupt to Retire from Board in Alignment with Ongoing Board Refreshment
Timothy Fazio Elected as Chairman of the Board
Both Mr. Fearn and Mr. Krug bring robust financial experience and expertise to the Board. Mr. Fearn is an accomplished senior executive and public board member with over three decades of experience in investments, finance and M&A and a specialization in real estate development and acquisition. Mr. Krug is an experienced founder and public markets investor with a dedicated focus on small cap companies across industries.
The appointment of Mr. Fearn and Mr. Krug supports Greenidge’s ongoing Board refreshment process that is being overseen by the Board’s current independent directors. In conjunction, the Company also announced the retirement of David Anderson and Daniel Rothaupt from the Board, and the election of Timothy Fazio, an existing director and Managing Partner and Co-Founder of Atlas Holdings LLC, as Chairman of the Board, effective April 17, 2025.
Jordan Kovler, CEO of Greenidge, said, “We are excited to have Kenneth and Christopher join our board, bringing complimentary skills and experience in both the public and private markets that will be a crucial asset to Greenidge in our continued evolution. Each of their expertise and unique perspective as we evaluate various transactions to maximize shareholder value. I would also like to thank David and Daniel for their recent years of services on the Board and want to wish them all the best in their retirement.”
About Kenneth Fearn
Mr. Fearn is an accomplished senior executive and public board member with over 30 years of experience in investments, finance and mergers and acquisitions. With both corporate and entrepreneurial experience, he has a proven track record of operating success within organizations of all sizes. He currently serves as Founder and Managing Partner of Integrated Capital, a private equity real estate firm. Prior to that he served as a Managing Director and Chief Financial Officer of Maritz, Wolff & Co., a private equity firm engaged in real estate acquisition and development. He also held previous roles at McKinsey & Co., J.P. Morgan and The Capital Group, Inc. He previously served on the board of directors of Braemar Hotels and Resorts, Inc. (NYSE: BHR) from 2016-2024 and chaired the audit committee from 2022-2024. Mr. Fearn has a BA from UC Berkeley and an MBA from Harvard Business School.
About Christopher Krug
Mr. Krug is an experienced investor in the public markets, focusing on small cap companies across numerous industries. In 2017, he founded Chatham Harbor Capital, a generalist fund with a highly selective and concentrated portfolio, primarily targeting deep value and special situations across global small and microcap equities. Under Chris’s leadership, Chatham Harbor Capital has built a reputation for its contrarian thinking, rigorous fundamental research process, and long-term commitment to value creation. He previously served as an equity trader at Hold Brothers Capital, and held various roles at Kushner & Kushner P.C. and Charlotte Bobcats Sports and Entertainment. Mr. Krug has a BA in Management and Finance from Clemson University.
About Greenidge Generation Holdings Inc.
Greenidge Generation Holdings Inc. (Nasdaq: GREE) is a vertically integrated power generation company, focusing on cryptocurrency mining, infrastructure development, engineering, procurement, construction management, operations and maintenance of sites.
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Investors
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315-536-2359
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investorrelations@greenidge.com
Media
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Source: Greenidge Generation Holdings Inc.
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