Marathon Digital appoints Salman Khan as CFO effective June 14, 2023

MARA Holdings, Inc.

Salman Khan appointed CFO; previously CFO at Verb Technology, and senior roles at Occidental Petroleum.
Three-year employment agreement with annual base salary of $475,000 and annual 3% cost-of-living increases.
Signing bonus of $125,000 subject to clawback if employment ends before June 14, 2024.
Grant of 297,247 RSUs vesting quarterly from July 1, 2024 through July 1, 2027; immediate vesting on change of control.
Eligible for annual bonus up to 100% of base salary and long-term incentive awards up to 300% of base salary.

item 5.02 item 9.01

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Appointed

Salman Khan

Chief Financial Officer

MARA · MARA Holdings, Inc.

Effective: 2023-06-14
Filed: June 14, 2023, 7:59 PM ET

Marathon Digital Holdings, Inc. (the “Company”) appointed Salman Khan as its new Chief Financial Officer, effective as of June 14, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Salman Khan was appointed as Chief Financial Officer at MARA Holdings, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Marathon Digital Holdings, Inc. (the “Company”) appointed Salman Khan as its new Chief Financial Officer, effective as of June 14, 2023.

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MARA Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-021175

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