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· Argo Blockchain promotes group financial controller Charlotte Proctor-Worrall to chief financial officer

Argo Blockchain Promotes Charlotte Proctor-Worrall to CFO

Argo Blockchain promoted group financial controller Charlotte Proctor-Worrall to chief financial officer on September 22, 2025, in the same filing that said Nasdaq had granted the mining company a reprieve on its listing requirements.

Updated on 1 min read · 3 sources

The move at a glance

The Moves Ledger, event W0244
Role
Chief Financial OfficerTop manager
Organization
Argo Blockchain
In or out
InAppointed Chief Financial Officer
Became public
The first dated public source, UTC
Brown wooden table near glass window
Brown wooden table near glass window. Photo · Pexels
“Argo Blockchain promoted Charlotte Proctor-Worrall, its own financial controller, to chief financial officer on September 22, 2025, four days after Nasdaq agreed to keep its shares listed. Does an internal promotion on a reprieve day signal real stability, or a company trying to look steady while its finances stay shaky?”

Argo Blockchain made Charlotte Proctor-Worrall its chief financial officer on September 22, 2025, effective at once. The crypto miner announced the move in a London filing1. Proctor-Worrall had joined Argo in 2021 as group financial controller. She built the firm's finance team across the UK, US and Canada, the filing said. The same September 22 filing said Nasdaq had agreed to keep Argo listed.

The second executive hire at Argo Blockchain on the record since 2023

Leadership moves CryptoLately has verified at Argo Blockchain, by year

  • 2025: 3
  • 2020, 2021, 2022, 2023, 2024

    Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

    Read the chart as a table
    ItemValue
    20203
    20212
    20221
    20234
    20241
    20253

    59 executive hires on the record in 2025, the most of any year

    Executive hires CryptoLately has verified, by year; 2026 through Oct. 2, 2026

    • 2025: 59
    • 2019, 2020, 2021, 2022, 2023, 2024, 2026

      Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

      Read the chart as a table
      ItemValue
      201911
      202012
      202127
      202237
      202320
      202439
      202559
      202645

      Argo had faced the threat of delisting, after Nasdaq's staff found its share price still too low to meet the exchange's minimum bid price rule, the filing said1. The reprieve came with a catch. Argo had to meet every listing rule by January 14, 2026, the filing said. Reuters confirmed both on September 222.

      What the promotion was meant to signal

      Justin Nolan, Argo's chief executive at the time, tied Proctor-Worrall's new role to a pending deal. “Charlotte will be an invaluable member of our leadership team. She has not only strengthened Argo's financial operations and reporting, but also played a pivotal role in advancing our recently announced strategic transaction with Growler,” Nolan said1. Her work had spanned audits, SEC reporting and treasury across fiat and crypto assets, the filing said.

      Argo's filing warned that meeting Nasdaq's bid price rule and its other listing requirements stayed uncertain1. In the same filing, Argo said it remained focused on its recapitalization plan with Growler Mining, now called Growler Mining Tuscaloosa. It promised to keep the market updated on material developments.

      What came next

      Nolan, the executive who praised Proctor-Worrall's promotion, left Argo himself less than a year later. An SEC filing disclosed that Nolan ceased serving as chief executive and executive director effective August 30, 2026, Stock Titan reported3. Argo Operating US LLC agreed to pay him a $250,000 separation payment. The board opened a search for a permanent successor while existing management ran day-to-day operations, the filing said.

      Cite this piece

      Ryan Elliott Dennis, "Argo Blockchain Promotes Charlotte Proctor-Worrall to CFO," CryptoLately, Sep 22, 2025, https://cryptolately.com/articles/argo-blockchain-promotes-charlotte-proctor-worrall-to-cfo

      Tags: Argo Blockchain · Charlotte Proctor-Worrall · Nasdaq · Justin Nolan

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