Stronghold Digital Mining names Matthew Smith as CFO

Stronghold Digital Mining (NASDAQ:SDIG) on Thursday named Matthew Smith as CFO, effective Apr. 18. Smith will succeed Ricardo Larroudé, who is stepping down to pursue other business interests. Larroudé will remain with SDIG through May 15 to ensure a seamless transition. Smith currently serves on SDIG's board and is the chairperson of both the audit and compensation committees. He will resign from both committees. Smith most recently served as managing partner at Deep Basin Capital, an energy-focused hedge fund. SDIG is in active later-stage talks with multiple independent candidates to add to the board and the audit committee. Sarah James will serve as chair of the audit committee in the interim.