Greenidge Generation Appoints Jordan Kovler to Board of Directors

Rhea-AI Summary

Greenidge Generation Holdings Inc. (NASDAQ: GREE) has appointed Jordan Kovler to its Board of Directors, effective March 22, 2023. With over two decades of experience in investor relations and corporate governance, Kovler is recognized for his work with Web3 companies and advisory roles. CEO Dave Anderson emphasized Kovler's passion for innovation and stakeholder engagement, which aligns with the company's goals following recent challenges in the cryptocurrency sector. Kovler expressed excitement about contributing to Greenidge's momentum in the industry, further solidifying its reputation.

Positive

• Jordan Kovler brings extensive experience in investor relations and corporate governance.
• Kovler's appointment signifies a commitment to innovation and stakeholder outreach.
• His background in Web3 companies could enhance Greenidge's strategic positioning.

Negative

• Kovler's appointment comes amidst challenges faced by the cryptocurrency industry.

FAIRFIELD, Conn., March 27, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, has appointed Jordan Kovler, a seasoned leader in investor relations and corporate governance with two decades of leadership at advisory firms, to its Board of Directors, effective March 22, 2023.

Throughout his career, Mr. Kovler has designed and implemented solutions to special corporate situations, consulting on contested board elections, mergers and acquisitions, investor relations, and corporate governance and communications practices. In 2016, he co-founded a consulting and proxy solicitation firm, HKL & Co., LLC. The firm provides strategic counsel for issuers and investors, and call center services focused predominantly on large municipalities. Most recently, he has worked with numerous Web3 companies, serving in advisory roles at Genesis Block, Tactical Block Ventures and others. Passionate about stakeholder engagement and transparency, Mr. Kovler is highly regarded in the Web3 space due to his thoughtful approach to growing and managing companies. Previously, he worked at D.F. King & Co., Inc. a proxy solicitation firm, in progressively senior roles, including as Senior Vice President.

"Jordan brings much more than an impressive track record in investor relations – he brings an authentic, contagious passion for innovation and stakeholder outreach," said Dave Anderson, Greenidge's Chief Executive Officer. "At this moment in our journey, we are moving past the recent challenges that confronted the crypto industry and solidifying our position, and Jordan's decision to join our Board further demonstrates why we are so optimistic about our future."

"Greenidge has an exceptional reputation in the cryptocurrency industry, making this a very compelling opportunity," said Mr. Kovler. "I look forward to helping Greenidge's Board build upon its momentum."

A frequent speaker on investor relations and corporate governance, Mr. Kovler is also an active member of his community, volunteering for numerous nonprofits. He holds a Bachelor of Arts in economics from Trinity College in Hartford, CT.

About Greenidge Generation Holdings Inc.
Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a vertically integrated cryptocurrency datacenter and power generation company.

For further information, please contact:

Investor Relations
investorrelations@greenidge.com

Media Inquiries
media@greenidge.com

View original content:https://www.prnewswire.com/news-releases/greenidge-generation-appoints-jordan-kovler-to-board-of-directors-301782487.html

SOURCE Greenidge Generation Holdings Inc.

FAQ

Who is Jordan Kovler and what is his role at Greenidge Generation?

Jordan Kovler has been appointed to the Board of Directors of Greenidge Generation, bringing two decades of experience in investor relations and corporate governance.

When was Jordan Kovler appointed to the Board of Directors of Greenidge Generation?

Jordan Kovler was appointed to the Board of Directors on March 22, 2023.

What experience does Jordan Kovler have in the cryptocurrency industry?

Kovler has worked with numerous Web3 companies and is regarded for his strategic counsel in corporate governance.

How might Jordan Kovler's appointment impact Greenidge Generation's future?

Kovler's extensive background in investor relations and corporate governance may help Greenidge navigate challenges and strengthen its market position.