Gryphon Digital Mining fires CEO Robby Chang for cause, appoints Steve Gutterman as CEO, Jimmy Vaiopoulos as Chairman

American Bitcoin Corp.

Robby Chang terminated as CEO and President for cause on Sept 17, 2024; remains on Board.
Steve Gutterman appointed CEO; receives $450K base salary, $1M sign-on RSU grant, bonus tied to stock price/market cap.
Jimmy Vaiopoulos appointed Chairman; Board expanded to 7 members; Vaiopoulos previously CFO of Hut 8 Mining.
Brittany Kaiser removed as Chairperson; Gutterman resigns from Audit and Nominating committees; Vaiopoulos joins both.
Press release notes Gutterman has driven $700M+ revenue growth and 92 M&A transactions across his career.

item 1.01 item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Robby Chang

Chief Executive Officer and President

ABTC · American Bitcoin Corp.

Effective: 2024-09-17
Successor: Steve Gutterman
Filed: September 19, 2024, 7:59 PM ET

On September 17, 2024, Robby Chang was terminated as Chief Executive Officer and President for cause, with immediate effect, by the board of directors (the “ Board ”) of Gryphon Digital Mining, Inc. (the “ Company ”).

Appointed

Steve Gutterman

Chief Executive Officer

ABTC · American Bitcoin Corp.

Effective: 2024-09-17
Filed: September 19, 2024, 7:59 PM ET

On September 17, 2024, the Board appointed Steve Gutterman as Chief Executive Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robby Chang was terminated as Chief Executive Officer and President at American Bitcoin Corp..

Action: terminated
Role: Chief Executive Officer and President

Exact text from the filing

On September 17, 2024, Robby Chang was terminated as Chief Executive Officer and President for cause, with immediate effect, by the board of directors (the “ Board ”) of Gryphon Digital Mining, Inc. (the “ Company ”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steve Gutterman was appointed as Chief Executive Officer at American Bitcoin Corp..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On September 17, 2024, the Board appointed Steve Gutterman as Chief Executive Officer of the Company.

View on SEC.gov

American Bitcoin Corp. filing history →

Source: SEC EDGAR

accession 0001213900-24-080040

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