Applied Digital appoints co-founder Jason Zhang as President, effective immediately

Applied Digital Corp.

Jason Zhang transitions from Chief Strategy Officer to President and Co-Founder, effective Jan 14, 2026.
Zhang's base salary is set at $700,000, subject to annual review for increases.
He will continue to partner with Chairman and CEO Wes Cummins, focusing on strategic direction.
Zhang led key initiatives including leases for North Dakota Polaris Forge 1 and 2 data centers.

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