06:58 AM EDT, 08/06/2024 (MT Newswires) -- Hut 8 ( HUT ) , an operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, was at last look up 1.9% in U.S. premarket trade on Tuesday after announcing that Sean Glennan will become the company's chief financial officer, effective August 21, 2024.

According to a statement, Shenif Visram will be stepping down from his role as CFO for personal, family-related reasons. Visram will remain with the company until Glennan assumes his role.

Tuesday's statement said Glennan joins Hut 8 ( HUT ) after a nearly 20-year career in financial services, including most recently serving as managing director in the Global Power, Utilities & Renewables group in Citigroup Global Markets's Investment Banking division.