Mawson Infrastructure Group Appoints Ariel Sivikofsky as Interim CFO

Strategic Insights -

Ariel Sivikofsky, a seasoned finance executive with over 15 years of experience, has been appointed as the Interim Chief Financial Officer (CFO) of Mawson Infrastructure Group Inc. effective August 9, 2022. Sivikofsky will provide CFO consultancy services to the Company until a new CFO is appointed. He brings significant experience in cryptocurrency knowledge, having previously served as CFO for Distributed Storage Solutions Pty Ltd, Australia's largest decentralized data storage provider.

Key Takeaways:

  • Ariel Sivikofsky, a Chartered Accountant (FCA) and a graduate member of the Australian Institute of Company Directors (GAICD), has been appointed as the Interim CFO of Mawson Infrastructure Group Inc. effective August 9, 2022.
  • Sivikofsky has over 15 years of experience in senior finance executive roles, primarily in financial services and accounting, both in Australia and internationally.
  • He is well-acquainted with Mawson Infrastructure Group Inc.'s business, as the Company is a ~20% shareholder in Distributed Storage Solutions Pty Ltd, where Sivikofsky previously served as CFO.
  • The Company believes that Sivikofsky's cryptocurrency knowledge will benefit the Company, and it is intended that he will provide CFO consultancy services until a new CFO is appointed.
  • The previous CFO, Ms. Hetal Majithia, has resigned effective August 9, 2022, to pursue other opportunities.
  • Ms. Majithia may agree to provide further consulting services on an ad hoc basis depending on her future availability.

Statistics:

  • Mawson Infrastructure Group Inc. is a ~20% shareholder in Distributed Storage Solutions Pty Ltd, Australia's largest decentralized data storage provider.
  • Sivikofsky has more than 15 years of experience as a senior finance executive in financial services and accounting, both in Australia and internationally.
  • The Company's current CFO, Ms. Hetal Majithia, has resigned effective August 9, 2022.

Sources:

  • Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 8, 2022.
  • Mawson Infrastructure Group Inc., Form 8-K, filed with Securities and Exchange Commission on August 8, 2022.