10:02 AM EDT, 09/19/2024 (MT Newswires) -- Gryphon Digital Mining ( GRYP ) said Thursday that Steve Gutterman has been named chief executive officer and Jimmy Vaiopoulos has been appointed chair of the board.

Gutterman, who served as a member of Gryphon's board and chair of the audit committee, succeeds Rob Chang, who remains on the board as a director, the company said.

Vaiopoulos, chief financial officer and co-founder of Stack Capital, succeeds Brittany Kaiser, who remains on the board as a director, Gryphon said.

Gryphon's shares were up more than 10% in recent trading.

Price: 0.57, Change: +0.05, Percent Change: +10.78