Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO

Current CFO Jeff McGonegal will retire and move into a new role as senior advisor of the miner in mid-August. It appointed Colin Yee, its current head of corporate and financial operations, as the new CFO, effective Aug.15. The change in CFO comes as the shares of the miner have fallen about 72% this year, inline with its peers Core Scientific and Marathon Digital.