Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) has announced the resignation of chief financial officer (CFO) and executive director Alex Appleton following the successful sale of Argo’s Texas-based Helios facility to Galaxy Digital (TSX-V:GLXY) Holdings on 29 December 2022.
Appleton, who is departing to pursue other opportunities, commented: "I am very proud of what we have achieved over my time with Argo. The business has great potential, and I wish the Argo team all the best for the future."
Argo has engaged an executive search firm to assist with the process of selecting a replacement CFO.
The London-listed company has also engaged BDO Canada to assist chief operating officer Seif El-Bakly with accounting and advisory services during the search phase.
Argo’s chief executive Peter Wall said: "On behalf of the Argo team, I thank Alex for his hard work and significant contributions during his two and a half years with the company."