Management ChangeMay 28, 2026, 05:27 PM
AIxCrypto Holdings Sees Co-CEO, CFO, President Depart; New Execs Appointed
AI Summary
AIxCrypto Holdings, Inc. announced significant changes to its leadership team and Board of Directors. Kevin Richardson II resigned as Co-CEO and director, Koti Meka resigned as CFO and director, and Campbell Becher resigned as President. The company appointed Jie (Jay) Sheng as the new President and Chief Financial Officer, effective June 21, 2026, with an annual base salary of $400,000 and potential bonuses. Additionally, Jerry Wang was appointed as a new director. The company stated that the departures were not due to any disagreements.
Key Highlights
- Kevin Richardson II resigned as Co-Chief Executive Officer and director, effective May 21, 2026.
- Koti Meka resigned as Chief Financial Officer (effective June 20, 2026) and director (effective May 21, 2026).
- Campbell Becher resigned as President, effective May 21, 2026.
- Jie (Jay) Sheng was appointed President and Chief Financial Officer, effective June 21, 2026.
- Mr. Sheng will receive an annual base salary of $400,000 and a discretionary annual performance bonus of up to $200,000.
- Mr. Sheng is recommended to receive $312,000 in RSUs and $208,000 in performance stock units.
- Jerry Wang was appointed as a director, effective May 21, 2026.
- Departures were not due to disagreements with the Company's operations, policies, or practices.
Price Impact
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