DRESDEN, N.Y., Nov. 15, 2021 /PRNewswire/ -- Greenidge
Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today
announced the appointment of Robert
Loughran as Chief Financial Officer, effective January 1, 2022. Mr. Loughran will succeed
Timothy Rainey, who will remain with
Greenidge as Treasurer of Greenidge and CFO of the company's
operating subsidiaries in New
Mr. Loughran joined Greenidge as Chief Accounting Officer in
June 2021. Prior to Greenidge, he
spent 30 years leading high-performing accounting and finance
teams. His last two roles were with publicly traded companies
Tronox Holdings PLC and Avon Products, Inc. Mr. Loughran began his
accounting career at PricewaterhouseCoopers LLP.
"Bob has a proven track record of results-driven leadership,
strategic thinking and financial acumen," said Jeff Kirt, Greenidge Chief Executive Officer.
"He has been instrumental in facilitating our entry into the public
markets and we look forward to benefiting from his leadership and
expertise as we continue to execute on our strategy, scale our
operations and solidify Greenidge's position as the leading
integrated and carbon-neutral bitcoin miner."
"I am excited to step into the CFO role at Greenidge to help
drive continued execution of our long-term strategic plan,
facilitate our growth, further enhance our profitability and
deliver significant value for our shareholders," Mr. Loughran said.
"Greenidge's positioning as an established, vertically integrated
bitcoin miner and its focus on carbon neutrality provides a unique
and significant competitive advantage as the company expands across
Mr. Kirt added, "Tim has played a significant role in
Greenidge's evolution from a merchant energy company to a growing
leader in cryptocurrency mining. We look forward to Tim's continued
presence on our management team."
About Greenidge Generation Holdings Inc.
Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a
vertically integrated bitcoin mining and power generation company.
Greenidge is committed to 100% carbon-neutral bitcoin mining at all
of its locations by utilizing low-carbon sources of energy and
offsetting its carbon footprint. Greenidge currently operates one
facility in upstate New York and
plans to expand operations to multiple locations in North America.
SOURCE Greenidge Generation Holdings Inc.