Hut 8 appoints President Asher Genoot as CEO; Jaime Leverton terminated without cause

Hut 8 Corp.

Asher Genoot, age 29, becomes CEO effective Feb 6, 2024; previously President since Nov 2023 and co-founder of USBTC.
Jaime Leverton terminated without cause; receives $1.1M cash severance, 452,664 RSUs fully vesting, and CAD$500k FY2023 bonus.
CFO Shenif Visram gets retention bonuses totaling up to $1.06M and accelerated vesting of 66,666 RSUs through Jan 31, 2025.
Chief Legal Officer Aniss Amdiss terminated without cause effective Feb 6, 2024, in connection with redomiciliation to Delaware.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jaime Leverton

Chief Executive Officer

HUT · Hut 8 Corp.

Effective: 2024-02-06
Successor: Asher Genoot
Filed: February 12, 2024, 6:59 PM ET

the Company notified Jaime Leverton of her termination, without cause, as the Company’s Chief Executive Officer and all positions as an employee or officer of the Company and its subsidiaries, effective immediately

Appointed

Asher Genoot

Chief Executive Officer

HUT · Hut 8 Corp.

Effective: 2024-02-06
Filed: February 12, 2024, 6:59 PM ET

On February 6, 2024, Hut 8 Corp. (the “Company”) determined that Asher Genoot, President of the Company, will succeed Jaime Leverton as Chief Executive Officer, effective immediately

Departed

Jaime Leverton

Member of the Board of Directors

HUT · Hut 8 Corp.

Effective: 2024-02-12
Filed: February 12, 2024, 6:59 PM ET

Ms. Leverton also resigned as a member of the Board of Directors of the Company effective February 12, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jaime Leverton departed as Chief Executive Officer at Hut 8 Corp..

Action: terminated without cause
Role: Chief Executive Officer

Exact text from the filing

the Company notified Jaime Leverton of her termination, without cause, as the Company’s Chief Executive Officer and all positions as an employee or officer of the Company and its subsidiaries, effective immediately

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Asher Genoot was appointed as Chief Executive Officer at Hut 8 Corp..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On February 6, 2024, Hut 8 Corp. (the “Company”) determined that Asher Genoot, President of the Company, will succeed Jaime Leverton as Chief Executive Officer, effective immediately

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jaime Leverton resigned as Member of the Board of Directors at Hut 8 Corp..

Action: resigned
Role: Member of the Board of Directors

Exact text from the filing

Ms. Leverton also resigned as a member of the Board of Directors of the Company effective February 12, 2024.

View on SEC.gov

Hut 8 Corp. filing history →

Source: SEC EDGAR

accession 0001104659-24-014634

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