TeraWulf Appoints John Larkin as Director of Investor Relations
TeraWulf Inc. (Nasdaq: WULF), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, has appointed John Larkin as Senior Vice President, Director of Investor Relations. Larkin, who will report to CEO Paul Prager, brings over 25 years of experience in capital markets and financial services to the role.
Larkin's extensive background includes positions as Chief Operating Officer at Connacht Asset Management, nearly a decade at Susquehanna International Group leading the Event-Driven/Special Situations Desk and serving as Assistant Director of Research, and various key roles at Citigroup. His appointment is expected to bolster TeraWulf's relationships with institutional investors and enhance communication of the company's financial performance and strategic milestones.
TeraWulf Inc. (Nasdaq: WULF), un importante proprietario e operatore di infrastrutture digitali integrate verticalmente di nuova generazione alimentate prevalentemente da energie a zero carbonio, ha nominato John Larkin come Vicepresidente Senior e Direttore delle Relazioni con gli Investitori. Larkin, che riferirà al CEO Paul Prager, porta con sé oltre 25 anni di esperienza nei mercati dei capitali e nei servizi finanziari.
Il vasto background di Larkin include ruoli come Chief Operating Officer presso Connacht Asset Management, quasi un decennio presso Susquehanna International Group dove ha guidato il Desk Event-Driven/Special Situations e ha ricoperto la carica di Assistant Director of Research, oltre a vari ruoli chiave presso Citigroup. La sua nomina è destinata a rafforzare le relazioni di TeraWulf con gli investitori istituzionali e migliorare la comunicazione delle performance finanziarie e dei traguardi strategici dell'azienda.
TeraWulf Inc. (Nasdaq: WULF), un importante propietario y operador de infraestructura digital integrada verticalmente de siguiente generación, alimentada predominantemente por energía cero carbono, ha nombrado a John Larkin como Vicepresidente Senior y Director de Relaciones con Inversores. Larkin, quien reportará al CEO Paul Prager, aporta más de 25 años de experiencia en mercados de capital y servicios financieros.
El amplio historial de Larkin incluye puestos como Director de Operaciones en Connacht Asset Management, casi una década en Susquehanna International Group dirigiendo el Desk de Eventos Especiales/Situaciones Especiales y sirviendo como Director Asistente de Investigación, además de varios roles clave en Citigroup. Se espera que su nombramiento refuerce las relaciones de TeraWulf con inversores institucionales y mejore la comunicación del rendimiento financiero y los hitos estratégicos de la empresa.
TeraWulf Inc. (Nasdaq: WULF)는 주로 제로 탄소 에너지원으로 운영되는 수직 통합 차세대 디지털 인프라의 주요 소유자이자 운영업체로, John Larkin을 선임 부사장 및 투자자 관계 이사로 임명했습니다. Larkin은 CEO Paul Prager에게 보고하며, 자본 시장과 금융 서비스 분야에서 25년 이상의 경험을 가지고 있습니다.
Larkin의 광범위한 경력에는 Connacht Asset Management의 최고 운영 책임자 역할, Susquehanna International Group에서 이벤트 중심/특별 상황 데스크를 이끄는 거의 10년, 그리고 Citigroup의 여러 주요 역할 등이 포함됩니다. 그의 임명은 TeraWulf와 기관 투자자 간의 관계를 강화하고 회사의 재무 성과 및 전략적 이정표에 대한 소통을 개선할 것으로 기대됩니다.
TeraWulf Inc. (Nasdaq: WULF), un propriétaire et opérateur de premier plan d'infrastructures numériques intégrées verticalement de nouvelle génération alimentées principalement par de l'énergie à zéro carbone, a nommé John Larkin au poste de Vice-Président Senior et Directeur des Relations avec les Investisseurs. Larkin, qui rendra compte au PDG Paul Prager, apporte plus de 25 ans d'expérience dans les marchés des capitaux et les services financiers.
Le vaste parcours de Larkin comprend des postes en tant que Directeur des opérations chez Connacht Asset Management, près d'une décennie chez Susquehanna International Group en dirigeant le Bureau des événements spéciaux/situations spéciales et en servant en tant que Directeur adjoint de la recherche, ainsi que divers rôles clés chez Citigroup. Sa nomination devrait renforcer les relations de TeraWulf avec les investisseurs institutionnels et améliorer la communication des performances financières et des jalons stratégiques de l'entreprise.
TeraWulf Inc. (Nasdaq: WULF), ein führender Eigentümer und Betreiber von vertikal integrierter, zukünftiger digitaler Infrastruktur, die überwiegend von kohlenstofffreier Energie betrieben wird, hat John Larkin zum Senior Vice President und Direktor für Investor Relations ernannt. Larkin, der an CEO Paul Prager berichtet, bringt mehr als 25 Jahre Erfahrung in den Kapitalmärkten und im Finanzdienstleistungssektor mit.
Larkins umfangreicher Hintergrund umfasst Positionen als Chief Operating Officer bei Connacht Asset Management, fast ein Jahrzehnt bei Susquehanna International Group, wo er das Event-Driven/Special Situations Desk leitete und als Assistant Director of Research diente, sowie verschiedene Schlüsselpositionen bei Citigroup. Seine Ernennung wird voraussichtlich die Beziehungen von TeraWulf zu institutionellen Investoren stärken und die Kommunikation der finanziellen Leistung sowie der strategischen Meilensteine des Unternehmens verbessern.
- Appointment of an experienced industry veteran to lead investor relations
- Potential for improved institutional investor relationships
- Enhanced communication of financial performance and strategic milestones
- None.
Industry veteran with 25+ years in capital markets and financial services to lead TeraWulf’s investor relations strategy
EASTON, Md., Oct. 16, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the appointment of John Larkin as Senior Vice President, Director of Investor Relations. In this role, Mr. Larkin will report to Chief Executive Officer Paul Prager.
“John’s extensive experience in financial strategy and investor engagement will be critical as TeraWulf continues to scale and execute our growth plans,” said Paul Prager. “His deep expertise in capital markets will bolster our relationships with institutional investors and sharpen the communication of our financial performance and strategic milestones.”
With over 25 years of experience in capital markets across buy-side and sell-side roles, Mr. Larkin brings extensive knowledge and insight to TeraWulf. Most recently, he served as Chief Operating Officer at Connacht Asset Management. Before that, he spent nearly a decade at Susquehanna International Group, where he led the Event-Driven/Special Situations Desk and served as Assistant Director of Research. Mr. Larkin began his career at Citigroup, holding a variety of key positions.
“I’m thrilled to join TeraWulf during such an exciting and transformative period for the Company,” said John Larkin. “With its forward-thinking approach to sustainable digital infrastructure and rapid growth, TeraWulf is uniquely positioned to capture increased attention from the investment community. I look forward to driving investor engagement and contributing to the Company’s long-term success.”
About TeraWulf
TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for Bitcoin mining and high-performance computing. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through Bitcoin mining, leveraging predominantly zero-carbon energy sources, including nuclear and hydroelectric power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of cryptocurrency mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining, and/or regulation regarding safety, health, environmental and other matters, which could require significant expenditures; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations; (6) loss of public confidence in bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation; (7) adverse geopolitical or economic conditions, including a high inflationary environment; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and infrastructure equipment meeting the technical or other specifications required to achieve its growth strategy; (10) employment workforce factors, including the loss of key employees; (11) litigation relating to TeraWulf and/or its business; and (12) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at www.sec.gov.
Company Contact:
Jason Assad
Director of Corporate Communications
assad@terawulf.com
(678) 570-6791
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