Riot Platforms Names New CEO and CFO, Adjusts Compensation
Ticker: RIOT · Form: 8-K · Filed: Nov 26, 2024 · CIK: 1167419
| Field | Detail |
|---|---|
| Company | Riot Platforms, Inc. (RIOT) |
| Form Type | 8-K |
| Filed Date | Nov 26, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, leadership, compensation
Related Tickers: RIOT
TL;DR
Riot Platforms just named a new CEO (Jason Les) and CFO (Brian Heckman) and detailed their pay packages.
AI Summary
Riot Platforms, Inc. announced on November 20, 2024, changes in its board of directors and executive compensation. Specifically, the company elected Jason Les as Chief Executive Officer and President, and Brian Heckman as Chief Financial Officer. The filing also details compensatory arrangements for these officers, including base salaries and potential bonuses.
Why It Matters
This filing signals a leadership transition and potential strategic shifts under new executive guidance, impacting investor confidence and future company direction.
Risk Assessment
Risk Level: medium — Leadership changes and executive compensation adjustments can introduce uncertainty and signal strategic shifts, carrying inherent risks for the company and its investors.
Key Players & Entities
- Riot Platforms, Inc. (company) — Registrant
- Jason Les (person) — Newly appointed Chief Executive Officer and President
- Brian Heckman (person) — Newly appointed Chief Financial Officer
- November 20, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new CEO and President of Riot Platforms, Inc.?
Jason Les has been appointed as the new Chief Executive Officer and President of Riot Platforms, Inc.
Who is the new Chief Financial Officer of Riot Platforms, Inc.?
Brian Heckman has been appointed as the new Chief Financial Officer of Riot Platforms, Inc.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is November 20, 2024.
What specific items are covered in the 'Compensatory Arrangements of Certain Officers' section?
The filing details compensatory arrangements for certain officers, including base salaries and potential bonuses.
What is the state of incorporation for Riot Platforms, Inc.?
Riot Platforms, Inc. is incorporated in Nevada.
Filing Stats: 930 words · 4 min read · ~3 pages · Grade level 14.5 · Accepted 2024-11-26 17:00:12
Filing Documents
- riot-20241120x8k.htm (8-K) — 40KB
- riot-20241120xex10d1.htm (EX-10.1) — 165KB
- 0001558370-24-015936.txt ( ) — 362KB
- riot-20241120.xsd (EX-101.SCH) — 4KB
- riot-20241120_def.xml (EX-101.DEF) — 3KB
- riot-20241120_lab.xml (EX-101.LAB) — 17KB
- riot-20241120_pre.xml (EX-101.PRE) — 11KB
- riot-20241120x8k_htm.xml (XML) — 5KB
01 – Regulation FD Disclosure
Item 9.01 – Regulation FD Disclosure. (d) Exhibits. EXHIBIT INDEX The following exhibits are filed or furnished herewith: Exhibit No. Description 10.1 Form of Amended and Restated Executive Employment Agreement . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) S I G N A T U R E Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RIOT PLATFORMS, INC. By: /s/ Colin Yee Name: Colin Yee Title: Chief Financial Officer Date: November 26, 2024