Riot Blockchain Announces Appointment of Megan Brooks as Chief Operating Officer, and Appointments to the Roles of VP, Capita...
Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot”, “Riot Blockchain”
or the “Company")
, one of the leading Nasdaq-listed bitcoin
mining companies in the United States, announced today the
appointment of Megan Brooks as Chief Operating Officer, Phil
McPherson as Vice President, Capital Markets and Ryan Werner as
Vice President, Finance. These appointments are being made to
support the substantial progress Riot is making on its strategic
- Megan Brooks, previously Riot’s VP of Finance, promoted to
Chief Operating Officer to continue managing Riot’s mining
operations, which have grown significantly under her purview
- Ryan Werner joins as VP Finance to further expand the depth of
Riot’s finance department; previous experience includes supporting
the finance function of a NYSE-listed REIT
- Phil McPherson joins Riot as VP, Capital Markets to focus on
Riot’s investor relations and capital markets presence; previous
experience includes serving as a public company CFO and spending
fifteen years on the sell side of the capital markets
Ms. Brooks joined Riot in 2018 and has most recently presided
over and managed the Company’s operations, including hardware
procurement, site evaluation and project management. As COO she
will oversee Riot’s operations, including mining, IT/Cybersecurity,
SoX control design/implementation, and initiatives related to
Ms. Brooks has more than two decades of experience in
operations, risk management and finance. Ms. Brooks is highly
experienced in emerging industries and navigating new regulatory
environments. She holds a B.S. in Finance along with a Master’s
Certificate of Accountancy from University of Houston, C.T. Bauer
College of Business, certification in risk management and is a
licensed Risk Manager.
Mr. Werner joined Riot Blockchain in March 2021, after spending
the past eight years as Senior Director of Real Estate &
Transactions Accounting at UDR Inc. (NYSE: UDR), a member of the
S&P 500 and a multifamily real estate investment trust
(REIT). Prior to UDR, Mr. Werner was Director of External
Reporting & Debt Accounting at Archstone, another multifamily
REIT. Mr. Werner started his career in Ernst & Young’s audit
practice, primarily specializing in publicly traded companies. Mr.
Werner’s significant public accounting experience bolsters Riot’s
already highly experienced finance team. Mr. Werner is a Certified
Public Accountant and holds a Master of Accounting &
Information Systems degree and a Bachelor of Science in Accounting
& Business Administration degree, both from the University of
Mr. McPherson joined Riot Blockchain in March 2021, after
spending the past eight years as CFO of Citadel Exploration Inc.
Prior to Citadel Mr. McPherson spent fifteen years on the sell side
of the capital markets, predominantly in an equity research
capacity, focused on the energy sector. Mr. McPherson also
currently serves on the Board of Directors of Barnwell Industries
(NYSE: BRN) as a member of its Audit committee and Chairman of its
Reserve Committee. Mr. McPherson brings a wealth of knowledge and
more than two decades experience in the public markets to Riot, and
will lead the Company’s investor relations initiatives, in addition
to supporting Riot’s other capital markets-related initiatives. Mr.
McPherson received his Bachelor of Science in Economics from East
“Riot has grown significantly in many aspects over the past
year. We are tremendously excited that the Company is at a point to
further invest in its human capital, in support of our future
growth initiatives,” said Jason Les, CEO of Riot. “Megan Brooks has
been a key individual managing the Company’s operations since 2019
and has been largely responsible for its growing fleet of miners.
Having worked closely with her during her tenure at Riot, I am
thrilled to have her step into the role of Chief Operating Officer.
Additionally, with the onboarding of Phil McPherson as VP, Capital
Markets and Ryan Werner as VP, Finance we are strengthening our
management team to best position the Company for success, and to
capitalize on the many exciting opportunities in our industry.”
About Riot Blockchain
Riot Blockchain (NASDAQ: RIOT) focuses on cryptocurrency mining
of Bitcoin. The Company is expanding and upgrading its mining
operations by securing the most energy efficient miners currently
available. Riot also holds certain non-controlling investments in
blockchain technology companies. Riot is headquartered in Castle
Rock, Colorado, and the Company’s mining operations are located in
upstate New York, under a co-location hosting agreement with
Coinmint. For more information, visit www.RiotBlockchain.com.
The information provided in this press release may include
forward-looking statements relating to future events or the future
financial performance of the Company. Because such statements are
subject to risks and uncertainties, actual results may differ
materially from those expressed or implied by such forward-looking
statements. Words such as "anticipates," “believes,” "plans,"
"expects," "intends," "will," "potential," "hope" and similar
expressions are intended to identify forward-looking statements.
These forward-looking statements are based upon current
expectations of the Company and involve assumptions that may never
materialize or may prove to be incorrect. Actual results and the
timing of events could differ materially from those anticipated in
such forward-looking statements as a result of various risks and
uncertainties. Detailed information regarding factors that may
cause actual results to differ materially from the results
expressed or implied by statements in this press release relating
to the Company may be found in the Company's periodic filings with
the U.S. Securities and Exchange Commission (the “SEC”), including
the factors described in the sections entitled "Risk Factors,"
copies of which may be obtained from the SEC's website at
www.sec.gov. The Company does not undertake any obligation to
update forward-looking statements contained in this press
Riot Blockchain, Inc.
Riot Blockchain, Inc.