Bitcoin Mining Host Compute North Paid Executives $3M on the Day It Declared Bankruptcy

The company paid co-founder and former CEO Dave Perrill $613,000 for payroll and benefits, according to the filing. Former Chief Financial Officer Tad Piper got $541,000 three months after he left the company, President Edward Drake Harvey III and Chief Commercial Officer Kyle Wenzel got about $500,000 each, former Chief Technology Officer Nelu Mihai received $340,000, Chief Legal Officer Jason Stokes was paid $325,000 and newly appointed Chief Financial Officer Harold Coulby received about $250,000, the filing shows.

Source: https://www.coindesk.com/business/2022/11/03/bitcoin-mining-host-compute-north-paid-executives-3m-on-the-day-it-declared-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines