John Lee Chief Accounting Officer
Company: Marathon Digital
The claim, verbatim
John Lee appointed as Chief Accounting Officer effective November 21, 2022, under three-year employment agreement with base salary of $300,000 with annual 3% increases and $35,000 signing bonus
Source (primary)
Marathon Digital 10-K/A filed 2023-04-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Effective November 21, 2022, John Lee was appointed Chief Accounting Officer of the Company. Effective the same date, the Company entered into an Executive Employment Agreement with Mr. Lee. The Agreement has a term of three years and automatically renews for successive one year terms unless either party provides notice of nonrenewal at least 90 days prior to the end of the initial term or any renewal term. Lee's annual base salary is $300,000 with annual 3% cost of living increases and bonuses at the discretion of the Company's Board of Directors. Mr. Lee was also granted a signing bonus of $35,000.”
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Additional evidence
confirms Marathon Digital 10-K/A filed 2023-04-28
Quote: “Effective November 21, 2022, John Lee was appointed Chief Accounting Officer of the Company. Effective the same date, the Company entered into an Executive Employment Agreement with Mr. Lee. The Agreement has a term of three years and automatically renews for successive one year terms unless either party provides notice of nonrenewal at least 90 days prior to the end of the initial term or any renewal term. Lee's annual base salary is $300,000 with annual 3% cost of living increases and bonuses at the discretion of the Company's Board of Directors. Mr. Lee was also granted a signing bonus of $35,000.”