Management ChangeApr 16, 2026, 04:06 PM
Greenidge Generation Directors Kenneth Fearn & Christopher Krug Resign
AI Summary
Greenidge Generation Holdings Inc. announced the resignations of Kenneth Fearn and Christopher Krug from its Board of Directors, effective April 15, 2026. Mr. Fearn served on the Audit Committee, and Mr. Krug was a member of the Compensation Committee. The company stated that the resignations did not stem from any disagreements. In connection with their departures, the Compensation Committee approved the accelerated vesting of 174,107 restricted stock units for each director.
Key Highlights
- Kenneth Fearn resigned from Greenidge Generation's Board, effective April 15, 2026.
- Christopher Krug resigned from Greenidge Generation's Board, effective April 15, 2026.
- Fearn served on the Audit Committee; Krug served on the Compensation Committee.
- Resignations were not due to disagreements with the company.
- Each departing director received accelerated vesting of 174,107 RSUs.
Price Impact
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