Soluna appoints Michael Picchi as CFO effective April 1, 2026; David Michaels remains on board

Soluna Holdings, Inc

Michael Picchi named CFO and Treasurer, effective April 1, 2026; interim CFO David Michaels steps down March 31.
Picchi most recently served as CFO of TECFusions; brings 30+ years in capital markets and strategic finance.
Compensation includes $375,000 base salary, 50% target bonus, and award of 1,281,850 RSUs.
Michaels resignation not due to any disagreement with company; he continues as a Board member.
Picchi will begin as Head of Finance on March 9, 2026, then assume CFO role on April 1.

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