Form 8-K · Current Report · Filed 2025-08-11
CleanSpark Appoints New CEO and Accepts Former CEO's Resignation
CleanSpark, Inc. has appointed S. Matthew Schultz as its new President and Chief Executive Officer, effective August 10, 2025. This change follows the resignation of Zachary K. Bradford, who stepped down as CEO and a director of the company on the same date. The Board accepted Mr. Bradford's resignation and approved a separation agreement, which includes financial compensation and the vesting of stock options and restricted stock units over a specified period. The company also released a press statement regarding this executive change, which is furnished as Exhibit 99.1 to this 8-K report.
- Filer
- Cleanspark Inc. CLSK · NASDAQ
- Filed
- Accession
- 0000950170-25-106224
- CIK
- 0000827876
- Signal
- High impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$10.07
Next session
-1.5%
Since filing
+36.3%
Latest close
$13.73
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CLSK reporting the same item, with the next session's move:
Exhibits (2)
About Cleanspark Inc.
Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.
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