Argo Welcomes Colleen Sullivan, Maria Perrella and Sarah Gow to Its Board of Directors
29 July 2021 - 10:00PM
Business Wire
Argo Blockchain plc (LSE: ARB; OTCQX: ARBKF), (“Argo” or the
“Company”), a global leader in sustainable blockchain
infrastructure and cryptocurrency mining, today announced that the
appointment of Colleen Sullivan, Maria Perrella, and Sarah Gow as
independent non-executive directors, and of Alex Appleton as an
executive director, effective as of July 29, 2021. The new members
bring decades of synergistic experience within the cryptocurrency,
blockchain and finance sectors, to help Argo bolster its position
as a global leader in cryptocurrency mining.
Colleen Sullivan is currently the Chief Executive Officer of CMT
Digital, a division of CMT Group, specializing in crypto-asset
trading and blockchain technology investments. Colleen brings with
her many years of experience as an attorney in private practice,
both at Sidley Austin LLP and as a co-founder and Managing Member
of Sullivan Wolf Kailus LLC. Colleen holds a bachelor’s degree in
accounting from the University of St. Francis and a Juris Doctor
from the DePaul University of Law. Currently, Colleen acts as an
advisor to the Digital Chamber of Commerce and sits on the FinTech
Women Executive Advisory Council.
Maria Perrella most recently served as the Chief Financial
Officer of MDA, a Canadian-based international space mission
partner, and the previous twelve years at ATS, a TSX-listed
automation company with over 4,500 employees across six countries.
Maria’s various roles have allowed her to develop skills in
financial planning and corporate governance and compliance, and her
many years as a Chief Financial Officer have provided her with
extensive experience in M&A, capital markets, and strategic
corporate finance. Maria holds a bachelor’s degree in Business
Administration from York University and is a Chartered Public
Accountant in Ontario, Canada.
Sarah Gow has over 19 years of experience in the banking
industry, including over 11 years at Citigroup Asset Management
where she served as a Director of Global Operations in New York as
well as the Head of Operations in London. Sarah also worked at HSBC
Global Asset Management for two years as a Project Manager. She was
also a founding partner of UK-based asset management company,
TrinityCapM Ltd.
Alex Appleton has served as the Company’s Finance Director since
September 2020 and in line with his increasing responsibilities and
valuable contributions to the Company, has been appointed as a
director.
The Company would also like to recognize the ongoing commitment,
hard work, and devotion to the team of Perry Hothi and are pleased
to formally announce his appointment to Chief Technology Officer of
Argo Blockchain.
Peter Wall, Chief Executive of Argo, said: “After an extensive
selection process, we are delighted to welcome Colleen, Maria, and
Sarah to the board as independent directors. Each brings a wealth
of experience within the cryptocurrency, technology, and finance
sectors, and specific insight that will be invaluable as Argo looks
to continue to progress as a global leader in cryptocurrency
mining.”
“I am also pleased to welcome Alex Appleton to the board as an
executive director following his valuable contribution to the
Company’s business to date,” continued Wall. “Alex’s expertise in
his Finance Director role, alongside the ongoing commitment and
hard work of CTO Perry Hothi and the rest of the team, is integral
to the continued success of Argo.”
Argo would also like to take this opportunity to thank Ian
Macleod, James Savage and Marco D’Attanasio, whose departures as
executive chairman and non-executive directors respectively
coincides with these appointments, for their significant
contributions to the Company. Following Ian MacLeod’s departure,
Peter Wall has been appointed the Company’s interim Chairman, and
is anticipated to hold the position alongside his role as Chief
Executive, until a suitable candidate has been identified.
“I would also like to thank Ian, James, and Marco for their
exceptional service during their tenure as the Company’s Executive
Chairman and non-executive directors respectively, said Wall.
“Their contributions, knowledge, and oversight have been pivotal in
establishing Argo thus far.”
There are no details to be disclosed under paragraph 9.6.13 (2)
to (6) of the Listing Rules.
About Argo
Argo Blockchain plc is a global leader in cryptocurrency mining
with one of the largest and most efficient operations powered by
clean energy. The Company is headquartered in London, UK and its
shares are listed on the Main Market of the London Stock Exchange
under the ticker: ARB and on the OTCQX Best Market in the United
States under the ticker: ARBKF.
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