CleanSpark, Inc., a Nevada-based company listed on the Nasdaq Stock Market under the symbol CLSK, has announced the appointment of Brian Carson as its new Chief Accounting Officer, effective October 1, 2024. Carson, who has over 30 years of accounting experience and was a licensed CPA for over two decades, previously served as the Director of Financial Reporting at CleanSpark since October 14, 2022. His prior roles include Financial Controller for Sahara Las Vegas and Corporate Controller for Drake Automotive Group. Carson's employment agreement includes an annual base salary of $300,000, with the potential for an annual discretionary target cash bonus up to 40% of his base salary, and 131,148 restricted stock units (RSUs) that vest according to the 2025 Long-Term Incentive Program (LTIP) Awards. Additionally...Show More

CleanSpark, Inc., a Nevada-based company listed on the Nasdaq Stock Market under the symbol CLSK, has announced the appointment of Brian Carson as its new Chief Accounting Officer, effective October 1, 2024. Carson, who has over 30 years of accounting experience and was a licensed CPA for over two decades, previously served as the Director of Financial Reporting at CleanSpark since October 14, 2022. His prior roles include Financial Controller for Sahara Las Vegas and Corporate Controller for Drake Automotive Group. Carson's employment agreement includes an annual base salary of $300,000, with the potential for an annual discretionary target cash bonus up to 40% of his base salary, and 131,148 restricted stock units (RSUs) that vest according to the 2025 Long-Term Incentive Program (LTIP) Awards. Additionally, CleanSpark's Compensation Committee has approved the establishment of the LTIP under the company's 2017 Incentive Plan to incentivize long-term performance and align executive officers' interests with stockholders. The LTIP awards are issued as RSUs and are contingent upon the achievement of pre-determined performance metrics. The Committee has also adjusted the base salaries and bonus targets for certain executive officers for the fiscal year ending September 30, 2025, following a review of benchmark data and compensation practices.