Business
Hut 8 Names E. Stanley O'Neal Chair of the Board
Hut 8 Names E. Stanley O'Neal Chair of the Board
About this update from Hut 8 Corp.
Transition aligns Board leadership with Hut 8's continued focus on building an enduring, generational business at the intersection of energy and technology O'Neal, former Chairman and Chief Executive Officer of Merrill Lynch & Co., brings decades of senior executive leadership and public-company governance experience to the roleFounding Chair William Tai remains a director and a member of the Nominating and Governance CommitteeMIAMI, June 11, 2026 /PRNewswire/ -- Hut 8 Corp. (Nasdaq, TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies, today announced the appointment of E. Stanley (Stan) O'Neal as Chair of the Board of Directors, effective immediately. O'Neal, an independent director of the Company since November 2023, succeeds William (Bill) Tai, who will continue to serve as a director and as a member of the Nominating and Governance Committee. Asher Genoot, CEO of Hut 8, said: "Our ambition is to build at the intersection of energy and next-generation technologies for decades to come. We are grateful to Bill, Hut's founding Chair, for stewarding us through the formative years that have positioned us to pursue this ambition, and we welcome Stan to the Chair for the stretch ahead. Stan led one of the world's largest financial institutions and has served on our board since the early days of US Bitcoin Corp. As Chair, he will lead the board with the discipline and judgment required of a major institutional leader and the firsthand perspective developed through years with the Company."E. Stanley O'Neal, Chair of the Board of Hut 8, said: "The reorganization of capital around energy, digital infrastructure, and compute is among the largest I have seen in my career. At this scale of capital deployment, advantage accrues to operators whose position is structural. Hut 8 has built such a position with intent: a power-first foundation, an engineering discipline rooted in first principles, and an operating model proven across evolving markets. The Board will continue to work with management, providing oversight and governance aligned with the demands of a business operating at Hut 8's scale and ambition."Bill Tai, Independent Director of Hut 8, said: "I've spent my career backing companies at the frontier of technology, and few...