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Hugh Gallagher appointed Chief Financial Officer

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-04-27
Promised amount
475000.0 USD
Current status
stated

The claim, verbatim

Hugh Gallagher was appointed CFO effective March 31, 2022 with annual base salary of $475,000 and annual 3% cost of living increases.

Source (primary)

Marathon Digital 10-K/A filed 2023-04-28 (SEC EDGAR, sec_filing)
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Quote: “Effective March 31, 2022, the Company entered into an Executive Employment Agreement with Mr. Gallagher. 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. Mr. Gallagher's annual base salary is $475,000 with annual 3% cost of living increases”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Marathon Digital 10-K/A filed 2023-04-28

Quote: “Effective March 31, 2022, the Company entered into an Executive Employment Agreement with Mr. Gallagher. 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. Mr. Gallagher's annual base salary is $475,000 with annual 3% cost of living increases”

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