CEO Leverton compensation package
Company: Hut 8
The claim, verbatim
CEO Jamie Leverton received $550,000 annual base salary for 2023 and a separation agreement providing $1,100,000 cash plus $500,000 in lieu of bonus upon termination February 12, 2024.
Source (primary)
Thompson v. Leverton — Entry #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick… (RECAP, court_filing)
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Quote: “Defendant Leverton was entitled to receive $550,000 in total compensation from the Company for the fiscal year ended December 31, 2023 (the "2023 Fiscal Year"), made up entirely of her base salary. 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 #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick…
Quote: “Defendant Leverton was entitled to receive $550,000 in total compensation from the Company for the fiscal year ended December 31, 2023 (the "2023 Fiscal Year"), made up entirely of her base salary. 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.”