CEO Jamie Leverton termination and separation agreement
Company: Hut 8
The claim, verbatim
CEO Jamie Leverton was terminated on February 6, 2024, and her director status terminated on February 12, 2024. She received a Separation Agreement providing $1,100,000 cash payment and $500,000 in lieu of bonus for 2023 Fiscal Year.
Source (primary)
Thompson v. Leverton — Entry #8: FILING ERROR - DUPLICATE DOCKET ENTRY - COMPLAINT against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal… (RECAP (purchased via PACER), court_filing)
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Quote: “Defendant Leverton served as the Company's CEO from the Merger until her termination on February 6, 2024. Defendant Leverton also served as a Company director from the Merger until her termination on February 12, 2024... On February 12, 2024, Defendant Leverton and the Company entered into the Separation Agreement which entitles Defendant Leverton to a $1,100,000 cash payment and another cash payment of $500,000 in lieu of a bonus for the 2023 Fiscal Year.”
How we checked this
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Additional evidence
confirms Thompson v. Leverton — Entry #8: FILING ERROR - DUPLICATE DOCKET ENTRY - COMPLAINT against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal…
Quote: “Defendant Leverton served as the Company's CEO from the Merger until her termination on February 6, 2024. Defendant Leverton also served as a Company director from the Merger until her termination on February 12, 2024... On February 12, 2024, Defendant Leverton and the Company entered into the Separation Agreement which entitles Defendant Leverton to a $1,100,000 cash payment and another cash payment of $500,000 in lieu of a bonus for the 2023 Fiscal Year.”