CEO Robert Ladd resigns; Paul Taylor named interim CEO and CFO

MGT CAPITAL INVESTMENTS, INC.

Robert B. Ladd resigned as CEO, President, Acting CFO, and board member effective August 29, 2024.
Ladd's resignation was not due to any disagreement with the company on operations, policies, or practices.
Paul R. Taylor, 65, appointed Interim Principal Executive Officer and Interim Principal Financial Officer on September 2, 2024.
Taylor co-founded Dinostar/RPM One Inc. in 2003 and served as its CEO; also consulted XNET Investments.
Taylor receives $10,000/month ($5,000 cash, $5,000 deferred) for the interim role.

item 5.02

Executive movements

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Departed

Robert B. Ladd

Chief Executive Officer, President, Acting Chief Financial Officer, and Director

MGTI · MGT CAPITAL INVESTMENTS, INC.

Effective: 2024-08-29
Successor: Paul R. Taylor
Filed: September 5, 2024, 7:59 PM ET

On August 29, 2024, Robert B. Ladd resigned from his position as Chief Executive Officer, President, and Acting Chief Financial Officer of MGT Capital Investments, Inc. (the “Company”), and as a member of the Company’s Board of Directors, effective August 29, 2024.

Appointed (interim)

Paul R. Taylor

Interim Principal Executive Officer and Interim Principal Financial Officer

MGTI · MGT CAPITAL INVESTMENTS, INC.

Effective: 2024-09-02
Filed: September 5, 2024, 7:59 PM ET

On September 2, 2024, the Company’s Board of Directors appointed Paul R. Taylor, 65, to serve as Interim Principal Executive Officer and Interim Principal Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert B. Ladd resigned as Chief Executive Officer, President, Acting Chief Financial Officer, and Director at MGT CAPITAL INVESTMENTS, INC..

Action: resigned
Role: Chief Executive Officer, President, Acting Chief Financial Officer, and Director

Exact text from the filing

On August 29, 2024, Robert B. Ladd resigned from his position as Chief Executive Officer, President, and Acting Chief Financial Officer of MGT Capital Investments, Inc. (the “Company”), and as a member of the Company’s Board of Directors, effective August 29, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul R. Taylor was appointed as Interim Principal Executive Officer and Interim Principal Financial Officer at MGT CAPITAL INVESTMENTS, INC..

Action: appointed
Role: Interim Principal Executive Officer and Interim Principal Financial Officer

Exact text from the filing

On September 2, 2024, the Company’s Board of Directors appointed Paul R. Taylor, 65, to serve as Interim Principal Executive Officer and Interim Principal Financial Officer.

View on SEC.gov

MGT CAPITAL INVESTMENTS, INC. filing history →

Source: SEC EDGAR

accession 0001493152-24-035143

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