As CFO, Mr. Penver will focus on driving
strategic financial initiatives for Ionic Digital
AUSTIN,
Texas, July 11, 2024 /PRNewswire/ -- Ionic
Digital, a leading innovator in the bitcoin mining
industry, today announced the appointment of John Penver as the
company's new Chief Financial Officer (CFO). With over 18 years of
data center technology and infrastructure experience in both the
public and private sectors, Mr. Penver brings a proven track record
in finance and operations to the Ionic Digital executive team. As
CFO, Mr. Penver will focus on driving the listing process for Ionic
Digital, overseeing the company's financial operations, including
financial planning, analysis, and reporting. He will also play a
key role in strategic decision-making processes and contribute to
the company's growth and transformation initiatives.
"We are thrilled to welcome John Penver to the
Ionic Digital team," said Matt
Prusak, CEO of Ionic Digital. "Mr. Penver's extensive
experience and expertise in finance, technology, and energy
management will be instrumental in driving our company's strategic
financial initiatives and ensuring our continued growth and
success."
Mr. Penver has held several senior financial
roles throughout his career. He joins Ionic Digital from TSS, Inc.,
where he served as Chief Financial Officer for over a decade. He is
an accomplished finance and operations executive with a
specialization in high-growth, turnaround, and transformation
environments within the technology, cleantech, and manufacturing
sectors.
His extensive career spans over three decades,
during which he has demonstrated exceptional leadership abilities,
inspiring high-performing teams and cultivating strong executive
and board relationships. Mr. Penver's expertise lies in aligning
financial and organizational strategies to drive improved corporate
performance.
"I am pleased to join the Ionic Digital team and
am eager to help drive the company's continued growth," commented
John Penver. "Having worked in data centers for nearly 20 years, I
am excited to combine my expertise in technology infrastructure and
finance to ensure Ionic Digital's corporate strategy and financials
are aligned on the same level. I look forward to working with the
team to foster innovation and unlock Ionic Digital's potential to
be a leading publicly-traded bitcoin mining
company."
Additionally, Mr. Penver has extensive
international experience across Asia, North
America, and Europe. His
specialties include manufacturing, technology, mergers and
acquisitions (M&A), international business, building
organizations, financial planning and modeling, investor relations,
SEC & SOX compliance, and capital raising.
He began his journey as a Senior Audit Manager at
Deloitte & Touche LLP before transitioning to Silicon Gaming as
VP of Finance, followed by VP of Finance & Human Resources at
Yclip. From 2002 to 2004, John has also served as Chief Financial
Officer for Factory Logic, Performance Retail, Active Power, as
well as Fallbrook Technologies.
Penver holds an MBA in International Finance from
the Santa Clara University Leavey
School of Business and a Bachelor's degree in Accounting from
Monash University. John is also a Certified Public Accountant (CPA)
licensed by the California Board
of Accounting and a Chartered Accountant with Chartered Accountants
Australia and New Zealand.
About Ionic Digital:
Ionic Digital is
North America's newest
best-in-class bitcoin miner and emerging innovator in
energy monetization. With facilities across North America, Ionic expects to have the
ability to deploy up to 12.7 exahash to the Bitcoin
Network. For more information, visit ionicdigital.com and follow us
on X at @IonicDigital.
Media Contact:
ionic@mgroupsc.com
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SOURCE Ionic Digital