Rachel H. Lee appointed to Applied Digital board; McDonald and Moore resign

Applied Digital Corp.

Rachel H. Lee named independent director, effective Feb 22, 2024, filling vacancy from resignations.
Lee brings 17 years finance/ investment experience, most recently Partner at Ares Management.
Kelli McDonald and Virginia Moore resigned effective immediately, no disagreement with company.
Lee will serve on Compensation Committee and receive standard non-employee director compensation plus restricted stock awards.

item 5.02 item 9.01

Executive movements

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

Departed

Kelli McDonald

Director

APLD · Applied Digital Corp.

Effective: 2024-02-22
Filed: February 22, 2024, 6:59 PM ET

On February 22, 2024, Kelli McDonald and Virginia Moore resigned from the Board of Directors of the Company, effective immediately.

Departed

Virginia Moore

Director

APLD · Applied Digital Corp.

Effective: 2024-02-22
Filed: February 22, 2024, 6:59 PM ET

On February 22, 2024, Kelli McDonald and Virginia Moore resigned from the Board of Directors of the Company, effective immediately.

Appointed

Rachel H. Lee

Independent Director

APLD · Applied Digital Corp.

Effective: 2024-02-22
Filed: February 22, 2024, 6:59 PM ET

On February 22, 2024, Applied Digital Corporation (the “Company”) announced Rachel H. Lee was appointed as an independent director to its Board of Directors (the “Board”), effective February 22, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Kelli McDonald resigned as Director at Applied Digital Corp..

Action: resigned
Role: Director

Exact text from the filing

On February 22, 2024, Kelli McDonald and Virginia Moore resigned from the Board of Directors of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Virginia Moore resigned as Director at Applied Digital Corp..

Action: resigned
Role: Director

Exact text from the filing

On February 22, 2024, Kelli McDonald and Virginia Moore resigned from the Board of Directors of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Rachel H. Lee was appointed as Independent Director at Applied Digital Corp..

Action: appointed
Role: Independent Director

Exact text from the filing

On February 22, 2024, Applied Digital Corporation (the “Company”) announced Rachel H. Lee was appointed as an independent director to its Board of Directors (the “Board”), effective February 22, 2024.

View on SEC.gov

Applied Digital Corp. filing history →

Source: SEC EDGAR

accession 0001144879-24-000039

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