Management ChangeJun 10, 2026, 05:31 PM
DeFi Development COO/CIO Parker White Resigns; $250K Separation
AI Summary
DeFi Development Corp. announced the resignation of Parker White, its Chief Operating Officer and Chief Investment Officer, effective June 8, 2026. The company entered into a separation agreement with Mr. White, which includes cash payments totaling $250,000 over the next twelve months and the acceleration of vesting for 213,272 outstanding unvested options. Additionally, Mr. White will provide ongoing consulting services for $8,333 per month to assist with the transition of operations.
Key Highlights
- Parker White resigned as COO and CIO of DeFi Development Corp. effective June 8, 2026
- Mr. White will receive $250,000 in cash payments over twelve months
- 213,272 of Mr. White's unvested options will have accelerated vesting
- Company will engage Mr. White for consulting services at $8,333 per month
Price Impact
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