Retiring CFO to transition to Senior Advisor role
Company: Riot
What the later record shows
Delivered on time · happened February 7, 2023
The 2023 proxy, filed after February 7, 2023, states McGonegal has remained a Senior Advisor since leaving the CFO role. That transition took effect September 26, 2022 rather than August 15.
“Mr. McGonegal has remained at the Company as a Senior Advisor since transitioning from his position as CFO.”
2023-04-30 · Riot DEF 14A filed 2023-05-01 View cached copy (2026-09-13)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Beginning August 15, 2022, McGonegal is expected to continue employed as Senior Advisor through February 7, 2023, and subsequently serve in a consulting capacity
Source (primary)
Riot 8-K filed 2022-06-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Beginning on the Effective Date, Mr. McGonegal is expected to continue to be employed by the Company in the role of Senior Advisor, through the term of his existing employment agreement ending February 7, 2023, and subsequently intends to serve in a consulting capacity to Riot.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states that from the August 15, 2022 effective date McGonegal is expected to serve as Senior Advisor through February 7, 2023, and then intends to consult for Riot.
Confirmed in the source:
- Beginning August 15, 2022, McGonegal was expected to continue employed by Riot as Senior Advisor
- The Senior Advisor role runs through the end of his existing employment agreement on February 7, 2023
- McGonegal subsequently intends to serve Riot in a consulting capacity
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997322000747/riot_8k.htm) in full (4,556 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2022-06-06
Quote: “Beginning on the Effective Date, Mr. McGonegal is expected to continue to be employed by the Company in the role of Senior Advisor, through the term of his existing employment agreement ending February 7, 2023, and subsequently intends to serve in a consulting capacity to Riot.”
confirms Riot DEF 14A filed 2023-05-01
Quote: “Mr. McGonegal has remained at the Company as a Senior Advisor since transitioning from his position as CFO.”