Summary by Moomoo AI
CleanSpark has appointed Brian Carson as Chief Accounting Officer effective October 1, 2024, with an annual base salary of $300,000 and up to 40% discretionary bonus. Carson brings over 30 years of accounting experience, including previous roles at Sahara Las Vegas and Drake Automotive Group.The company introduced a new Long-Term Incentive Program (LTIP) with RSU grants worth $45.45M at target level for executive officers. The 2025 LTIP Awards will vest based on performance metrics relative to peer groups, ranging from 0% to 200% of target value. The program includes a 40% initial vest in October 2025, with remaining awards vesting over 12 quarters.The Committee approved FY2025 base salary increases for executives, with CEO Zachary Bradford at $950,000 and President S. Matthew Schultz at $855,000. Annual bonus targets were set at up to 200% for top executives, with Bradford eligible for up to $1.9M and Schultz up to $1.71M, based on performance objectives.
