Argo CEO Named Interim Chairman With US Share Sale Planned

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Argo Blockchain, the U.K.-listed crypto mining company that’s planning a U.S. share sale this quarter, named CEO Peter Wall as interim chairman and expanded its board of directors.

  • Wall replaces Ian Macleod until a new candidate is identified, the company said in a statement.

  • The company, based in London, also appointed Finance Director Alex Appleton to the board and named Perry Hothi as chief technology officer.

  • Three non-executive directors joined: Colleen Sullivan, the CEO of CMT Digital, Maria Perrella, previously the CFO of Canada-based MDA, and Sarah Gow, a former executive at Citigroup Asset Management.

  • Non-executive directors James Savage and Marco D’Attanasio left the company.

  • Earlier this month Argo submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC) for the sale of yet-to-be-determined number American Depositary Shares.

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