Sean Glennan

Sean Glennan is the newly appointed Chief Financial Officer (CFO) of Hut 8 Corp., a leading Bitcoin mining and energy infrastructure company.12 He will assume the role effective August 21, 2024, replacing outgoing CFO Shenif Visram, who is stepping down for personal reasons.3

Professional Background

Prior to joining Hut 8, Glennan had a distinguished career in financial services spanning nearly 20 years.2 His most recent position was as Managing Director in the Global Power, Utilities & Renewables group at Citigroup Global Markets.1 During his 13-year tenure at Citigroup, Glennan played a key role in advising on over $80 billion worth of mergers and acquisitions (M&A) and capital markets activities within the power sector.12

Expertise and Contributions

Glennan brings extensive strategic, financial, and capital markets knowledge to Hut 8.1 His experience includes:

• Advising on significant deals in the power industry
• Developing deep relationships within the sector
• Managing complex M&A transactions and capital market activities

Significance to Hut 8

Hut 8 CEO Asher Genoot expressed enthusiasm about Glennan's appointment, highlighting the importance of his expertise for the company's future growth and capital strategies.1 Glennan's background aligns well with Hut 8's "power-first thesis," suggesting a potential focus on energy infrastructure expansion and possible vertical integration in the power sector.2

Given his extensive experience in M&A and capital markets, Glennan's appointment may signal Hut 8's intention to pursue more aggressive growth strategies and potential acquisitions in the future.2