AVAX One Technology (NASDAQ: AVX) said its CEO, Jolie Kahn, formally resigned on July 3, and the company appointed Chief Operating Officer Pete Wylie as interim CEO while he continues to serve as COO. According to Foresight News, the board has engaged global executive search firm ZRG Partners to begin a formal search for a permanent CEO.
Under the separation agreement, Kahn will receive $160,000 in cash compensation, reimbursement of medical insurance expenses, and $250,000 in unregistered common stock.
AVAX One Technology operates in AI and high-performance computing data center development, Bitcoin mining with current hashrate of about 300 PH/s, and Avalanche treasury management.
STOCKS | AVAX One Technology CEO Jolie Kahn Resigns, COO Pete Wylie Named Interim CEO
2026-07-06 12:43:49
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