---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-043067"
form_type: "8-K"
ticker: "BGDE"
cik: "0001218683"
company_name: "Big Digital Energy, Inc."
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:10:54.329174+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mawson Infrastructure appoints Rahul Mewawalla as CEO; James Manning steps down

## Summary
- Rahul Mewawalla appointed CEO and President effective May 22, 2023; previously an independent director.
- Mewawalla receives $750k base salary, $500k sign-on RSUs, annual target bonuses (125% cash + 100% RSUs), and 1,750,000 options with strike prices $4 to $20.
- Outgoing CEO James Manning receives termination benefits including AUD 800k salary, AUD 716,919 short-term incentive, AUD 418,652 leave payout, and 1,350,000 new RSUs.
- Manning remains a non-executive director; his employment agreement was terminated; he will assist with transition.
- Company to focus more strongly on U.S. operations and expansion.

## SEC filing metadata
- accession: 0001213900-23-043067
- form_type: 8-K
- ticker: BGDE
- cik: 0001218683
- company_name: Big Digital Energy, Inc.
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1218683/000121390023043067/0001213900-23-043067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1218683/000121390023043067/ea179270-8k_mawson.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-043067
- JSON: https://secwatch.observer/filing/0001213900-23-043067.json
- Plain text: https://secwatch.observer/filing/0001213900-23-043067.txt

## Key facts
- Executive change
  Rahul Mewawalla was appointed as Chief Executive Officer and President at Big Digital Energy, Inc..
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: On May 22, 2023 the Board of Directors (“the Board ”) of Mawson Infrastructure Group Inc. (“the Company ”) appointed Rahul Mewawalla, 44, to serve as Chief Executive Officer and President of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1218683/000121390023043067/0001213900-23-043067-index.htm
- Executive change
  James Manning departed as Chief Executive Officer at Big Digital Energy, Inc..
  - Action: stepped down
  - Role: Chief Executive Officer
  source text: Mr. James Manning will step down as Chief Executive Officer of the Company, effective May 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1218683/000121390023043067/0001213900-23-043067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.