Gryphon Digital Mining Adds Operational Expertise, Names Steve Gutterman as Chief Executive Officer, Jimmy Vaipoulos as Chairman
Gryphon Digital Mining (NASDAQ:GRYP) has announced significant leadership changes. Steve Gutterman has been appointed as the new Chief Executive Officer, bringing nearly 30 years of experience in building and leading market-changing companies. Jimmy Vaipoulos joins as the new Chairman of the board of directors, bringing expertise from his roles at Stack Capital Group and Hut 8 Mining.
Gutterman, who previously served on Gryphon's Board and chaired its Audit Committee, has a track record of driving substantial revenue growth and leading numerous M&A transactions. He expressed excitement about Gryphon's potential for rapid growth, citing the company's world-class team, engaged shareholders, and efficient operations.
These changes aim to propel Gryphon forward in its mission to become a leader in low-cost, environmentally sustainable bitcoin mining operations.
Gryphon Digital Mining (NASDAQ:GRYP) ha annunciato importanti cambiamenti nella leadership. Steve Gutterman è stato nominato nuovo Amministratore Delegato, portando con sé quasi 30 anni di esperienza nella creazione e nella guida di aziende capaci di cambiare il mercato. Jimmy Vaipoulos entra come nuovo Presidente del consiglio di amministrazione, portando la sua esperienza dai ruoli in Stack Capital Group e Hut 8 Mining.
Gutterman, che in precedenza ha servito nel consiglio di Gryphon e presieduto il suo Comitato Audit, ha un track record di crescita sostanziale dei ricavi e di conduzione di numerose operazioni di M&A. Ha espresso entusiasmo per il potenziale di crescita rapida di Gryphon, citando il team di livello mondiale dell'azienda, azionisti coinvolti e operazioni efficienti.
Questi cambiamenti mirano a far avanzare Gryphon nella sua missione di diventare un leader nelle operazioni di mining di bitcoin a basso costo e sostenibili per l'ambiente.
Gryphon Digital Mining (NASDAQ:GRYP) ha anunciado cambios significativos en el liderazgo. Steve Gutterman ha sido nombrado nuevo Director Ejecutivo, aportando casi 30 años de experiencia en la construcción y liderazgo de empresas que cambian el mercado. Jimmy Vaipoulos se une como nuevo Presidente del consejo de administración, aportando su experiencia de sus roles en Stack Capital Group y Hut 8 Mining.
Gutterman, quien anteriormente sirvió en la Junta de Gryphon y presidió su Comité de Auditoría, tiene un historial de gran crecimiento de ingresos y liderazgo en numerosas transacciones de M&A. Expresó su entusiasmo por el potencial de crecimiento rápido de Gryphon, citando al equipo de clase mundial de la compañía, accionistas comprometidos y operaciones eficientes.
Estos cambios tienen como objetivo impulsar a Gryphon en su misión de convertirse en un líder en operaciones de minería de bitcoin de bajo costo y sostenibles ambientalmente.
그리폰 디지털 마이닝 (NASDAQ:GRYP)는 주요 리더십 변화를 발표했습니다. 스티브 거터맨이 새로운 CEO로 임명되어 시장을 변화시키는 기업을 설립하고 이끌어온 거의 30년의 경험을 가져왔습니다. 지미 바이폴로스는 이사회 의장으로 새롭게 합류하여 스택 캐피탈 그룹 및 헛8 마이닝에서의 경험을 더합니다.
거터맨은 이전에 그리폰 이사회에서 일하며 감사위원회를 주재한 경험이 있으며, 상당한 수익 성장과 수많은 M&A 거래를 이끌어온 경력을 가지고 있습니다. 그는 그리폰의 빠른 성장 가능성에 대해 흥미를 표명하며, 회사의 세계적 수준의 팀과 참여적 주주, 효율적인 운영을 강조했습니다.
이러한 변화는 그리폰이 저비용 및 환경적으로 지속 가능한 비트코인 마이닝 운영의 리더가 되기 위한 사명을 추진하기 위한 것입니다.
Gryphon Digital Mining (NASDAQ:GRYP) a annoncé d'importants changements au sein de la direction. Steve Gutterman a été nommé nouveau PDG, apportant près de 30 ans d'expérience dans la création et la direction d'entreprises qui transforment le marché. Jimmy Vaipoulos rejoint en tant que nouveau président du conseil d'administration, apportant son expertise de ses fonctions chez Stack Capital Group et Hut 8 Mining.
Gutterman, qui a précédemment siégé au conseil de Gryphon et présidé son comité d'audit, a un bilan de croissance substantielle des revenus et a dirigé de nombreuses transactions de fusion et d'acquisition. Il a exprimé son enthousiasme pour le potentiel de croissance rapide de Gryphon, citant l'équipe de classe mondiale de l'entreprise, des actionnaires engagés et des opérations efficaces.
Ces changements visent à propulser Gryphon dans sa mission de devenir un leader des opérations d'extraction de bitcoin à faible coût et durables sur le plan environnemental.
Gryphon Digital Mining (NASDAQ:GRYP) hat bedeutende Veränderungen in der Führung angekündigt. Steve Gutterman wurde zum neuen Chief Executive Officer ernannt und bringt fast 30 Jahre Erfahrung in der Gründung und Leitung marktverändernder Unternehmen mit. Jimmy Vaipoulos tritt als neuer Vorsitzender des Aufsichtsrats bei und bringt Expertise aus seinen Rollen bei Stack Capital Group und Hut 8 Mining mit.
Gutterman, der zuvor im Vorstand von Gryphon tätig war und den Prüfungsausschuss geleitet hat, kann auf eine Erfolgsbilanz bei erheblichen Umsatzwachstums und der Durchführung zahlreicher M&A-Transaktionen zurückblicken. Er äußerte sich begeistert über das Wachstumspotenzial von Gryphon und hob das weltklasse Team, engagierte Aktionäre und effiziente Abläufe des Unternehmens hervor.
Diese Veränderungen sollen Gryphon in seiner Mission voranbringen, ein führendes Unternehmen im Bereich kostengünstiger, umweltfreundlicher Bitcoin-Mining-Betriebe zu werden.
- Appointment of experienced CEO Steve Gutterman with a track record of driving revenue growth and M&A transactions
- Addition of Jimmy Vaipoulos as Chairman, bringing industry expertise from Stack Capital Group and Hut 8 Mining
- Retention of previous leadership (Rob Chang and Brittany Kaiser) on the Board of Directors
- Company's focus on low-cost, environmentally sustainable bitcoin mining operations
- None.
Rob Chang and Brittany Kaiser continue their leadership as Directors, along with Heather Cox, Jessica Billingsley and Dan Tolhurst.
LAS VEGAS, NV / ACCESSWIRE / September 19, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company") a bitcoin mining company that is focused on becoming the leader in low-cost, environmentally sustainable operations, announced today that Steve Gutterman has been appointed as Chief Executive Officer and Jimmy Vaipoulos as Chairman of the board of directors (the "Board").
Mr. Gutterman becomes CEO after serving as a member of the Gryphon Board and the Chair of its Audit Committee. Prior to his appointment. Mr. Gutterman has built, led, acquired and invested in market-changing companies for almost 30 years. He has driven aggregate annual revenue growth of over
Said Mr. Gutterman, "I am honored to be Gryphon's new CEO, and I am incredibly excited by the untapped potential within our company. We have all the tools in place to grow rapidly: a world class team of executives and Board members, engaged shareholders, market leading efficient operations and a platform that we believe will allow us to add capital and accretive acquisitions. By putting these pieces together and focusing on execution, we hope to propel Gryphon forward and create substantial value for our stakeholders."
Mr. Gutterman's previous roles include: President of Harvest Health & Recreation Inc. (CSE: HARV), since acquired by Trulieve (CSE: TRUL) to form the then-largest cannabis company in the US as measured by revenue, E*TRADE Financial (Nasdaq: ETFC), where he was EVP and COO of E*TRADE Bank, CEO of GeoPoll, a market research company and Managing Director of MBH Enterprises, a private equity company focused on technology and infrastructure. Mr. Gutterman holds a JD/MBA from Columbia University and a BA from Tufts University.
Mr. Gutterman replaces Rob Chang, who remains on the Board as a Director.
Joining the Board as Chairperson is Jimmy Vaipoulos. Mr. Vaiopoulos is a Partner, CFO and Co-Founder of Stack Capital Group Inc., a TSX listed issuer that invests in some of the most sought after innovative private late-stage tech companies. Previously, he was the CFO and Interim CEO of Hut 8 Mining, one of the earliest and largest publicly-listed bitcoin miners in the world. He also worked as the CFO of UGE International Ltd., a solar developer based in New York City. He began his career at KPMG in both Audit and Deal Advisory. Mr. Vaiopoulos will focus on identifying and evaluating acquisition and growth opportunities. Mr. Vaipoulos assumes the role of Chairperson from Brittany Kaiser. Ms. Kaiser, along with Heather Cox, Jessica Billingsley and Dan Tolhurst remain on the Board as directors.
Said Mr. Gutterman, "I can't say enough about our team. We are grateful to Rob and Brittany for their contributions as CEO and Chairman, respectively, and we are excited to continue to work with them as Board members. Jimmy is a recognized industry leader who brings gravitas and expertise to Gryphon. He joins our existing team to form an outstanding group that knows how to identify accretive opportunities and drive those opportunities to completion."
About Gryphon Digital Mining
Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto an environmentally responsible energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation in the northeastern US was recently independently certified as
Conference Schedule:
LD Micro Main Event XVII in Los Angeles, CA on October 28th - 30th
Cautionary Statements Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on management's current expectations and assumptions about future events and financial results and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. Except as otherwise required by applicable law, Gryphon disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Gryphon cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Gryphon. In addition, Gryphon cautions you that the forward-looking statements contained in this press release are subject to the risks set forth in our filings with the Securities and Exchange Commission (the "SEC"), including the section titled "Risk Factors" in the Annual Report on Form 10-K filed with the SEC by Gryphon on April 1, 2024.
INVESTOR CONTACT:
Name: James Carbonara
Hayden IR
Phone: (646)-755-7412
Email: james@haydenir.com
SOURCE: Gryphon Digital Mining, Inc.
View the original press release on accesswire.com
FAQ
Who is the new CEO of Gryphon Digital Mining (GRYP)?
What is Steve Gutterman's background before joining Gryphon Digital Mining (GRYP)?
Who is the new Chairman of Gryphon Digital Mining's (GRYP) board of directors?
What is Gryphon Digital Mining's (GRYP) main focus as a company?
