Grayscale appoints Diana Zhang as COO effective May 6, 2025; Hugh Ross steps down

Grayscale Zcash Trust (ZEC)

Diana Zhang named Chief Operating Officer of Grayscale Operating, LLC, effective May 6, 2025.
Zhang succeeds Hugh Ross, who served as COO since 2021; Ross will assist transition until May 31, 2025.
Zhang previously held executive roles at Bridgewater Associates (Deputy to co-CEO, COO of Investment Research) and BlockTower Capital.
Zhang will report to CEO Peter Mintzberg; appointment approved by GSO Intermediate Holdings Corporation.
Ross oversaw launch of first digital asset exchange-traded products during tenure.

item 5.02 item 9.01

Executive movements

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Appointed

Diana Zhang

Chief Operating Officer

ZCSH · Grayscale Zcash Trust (ZEC)

Effective: 2025-05-06
Filed: April 9, 2025, 7:59 PM ET

the appointment of Diana Zhang to serve as the new Chief Operating Officer of Grayscale Operating, LLC, effective May 6, 2025.

Departed

Hugh Ross

Chief Operating Officer

ZCSH · Grayscale Zcash Trust (ZEC)

Effective: 2025-05-31
Successor: Diana Zhang
Filed: April 9, 2025, 7:59 PM ET

Hugh Ross, the current Chief Operating Officer of Grayscale Operating, LLC, who has decided to step down from his position and is expected to remain with Grayscale to assist with the transition of his responsibilities until his departure on or prior to May 31, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Diana Zhang was appointed as Chief Operating Officer at Grayscale Zcash Trust (ZEC).

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

the appointment of Diana Zhang to serve as the new Chief Operating Officer of Grayscale Operating, LLC, effective May 6, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Hugh Ross departed as Chief Operating Officer at Grayscale Zcash Trust (ZEC).

Action: stepped down
Role: Chief Operating Officer

Exact text from the filing

Hugh Ross, the current Chief Operating Officer of Grayscale Operating, LLC, who has decided to step down from his position and is expected to remain with Grayscale to assist with the transition of his responsibilities until his departure on or prior to May 31, 2025.

View on SEC.gov

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Source: SEC EDGAR

accession 0000950103-25-004592

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