MARA Holdings Appoints New Board Members and Lead Independent Director

MARA Holdings Inc. (NASDAQ:MARA), a global leader in leveraging digital asset compute to support the energy transformation, has announced significant changes to its board of directors. According to MARA, Janet George and Barbara Humpton have been appointed as new board members, while Doug Mellinger has been named the lead independent director, effective September 1, 2024.

Leadership Changes

Janet George and Barbara Humpton replace Kevin DeNuccio and Said Ouissal, who stepped down as part of a planned transition. The appointments highlight MARA’s commitment to enhancing its board with leaders who bring deep expertise in AI, data centers, and energy, crucial for driving the company’s strategic initiatives.

Background of New Appointees

Janet George brings extensive experience in artificial intelligence and data centers. She most recently served as Corporate Vice President and General Manager of Data Center & Artificial Intelligence at Intel Corporation. Her career includes senior roles at Oracle, Western Digital, Accenture, Yahoo, eBay, and Apple. George holds an advanced master’s degree in computer science with a focus on AI and serves on the advisory board of Gandeeva Therapeutics.

Barbara Humpton, currently the President and CEO of Siemens USA, oversees a $19 billion portfolio focusing on energy-efficient technologies. Her leadership has driven continuous innovation at Siemens, leveraging AI and industrial data. Humpton has also held senior positions at Booz Allen Hamilton and Lockheed Martin and serves on advisory boards for several organizations, including the Federal Reserve Bank of Richmond and Fluence.

Doug Mellinger as Lead Independent Director

Doug Mellinger, who has served on the MARA board since March 2022, will now focus on enhancing governance and strategic oversight as the lead independent director. Mellinger is a Managing Director at Clarion Capital Partners and has a robust background in technology and finance, having held positions at Palm Ventures, Zeno Ventures, and Enherent Corp.

Statements from MARA

MARA’s Chairman and CEO, Fred Thiel, expressed enthusiasm about the new appointments, stating, “Janet’s extensive experience in AI and data center operations, coupled with Barbara’s leadership in technology and infrastructure, will be invaluable as we continue to innovate and grow. These appointments significantly strengthen our board’s expertise and oversight capabilities.”

Thiel also acknowledged the contributions of outgoing board members Kevin DeNuccio and Said Ouissal, wishing them success in their future endeavors.

About MARA Holdings

MARA Holdings Inc. is a global leader in digital asset compute, developing and deploying innovative technologies to build a more sustainable and inclusive future. The company secures the world’s preeminent blockchain ledger and supports the energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value.

For more information, visit the official source at MARA.

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