Hut 8 Mining Corp. named Jaime Leverton as chief executive on November 2, 2020, effective December 1, the company said in a Newsfile Corp. release1. Leverton came to the bitcoin miner from eStruxture Data Centers, where she was chief commercial officer. She brought more than 20 years in the Canadian technology industry to the job. CoinDesk reported that Leverton would replace interim chief executive Jimmy Vaiopoulos. Vaiopoulos had held the job since co-founder Andrew Kiguel stepped down2.
Two of Hut 8's 7 leadership moves on the record came in 2020
Leadership moves CryptoLately has verified at Hut 8, by year
- 2020: 2
- 2021, 2022, 2023, 2024, 2025, 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
| Item | Value |
|---|---|
| 2020 | 2 |
| 2021 | 1 |
| 2022 | 1 |
| 2023 | 0 |
| 2024 | 2 |
| 2025 | 0 |
| 2026 | 1 |
Seven CEO appointments on the record in 2020
CEO appointments CryptoLately has verified, by year
- 2020: 7
- 2017, 2018, 2019, 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
| Item | Value |
|---|---|
| 2017 | 3 |
| 2018 | 4 |
| 2019 | 8 |
| 2020 | 7 |
| 2021 | 6 |
| 2022 | 18 |
| 2023 | 17 |
| 2024 | 26 |
The move
Leverton framed the job in terms of where she saw bitcoin heading. “It's a privilege to join an organization on the leading edge of an industry that is building the new foundation for technological evolution. As a believer in the importance of Bitcoin in this evolution, I'm honoured to join the team as we further solidify Hut 8's place as a market leader and true technology innovator in this space,” Leverton said in the release1. Hut 8 said Vaiopoulos would return to his prior post as chief financial officer. That handoff took effect December 1, the same day as Leverton's appointment.
Her path ran through data centers and established technology firms. The release listed stints as general manager of Canada and Asia-Pacific at Cogeco Peer 1, now Aptum, plus leadership roles at National Bank, BlackBerry, Bell Canada and IBM Canada1.
Hut 8 before and after
Kiguel announced his exit in January 2020 and left in late April, CoinDesk reported2. The board then searched until it named Leverton on November 2. Vaiopoulos had run the company as interim chief executive through that search. He returned to the chief financial officer seat he had left only on a temporary basis, Hut 8 said1. The release also named Viktoriya Griffin as Hut 8's full-time corporate secretary, starting the same December 1 date as Leverton and Vaiopoulos.
What came next
Leverton ran Hut 8 for three years before the board replaced her in 2024. A Hut 8 GlobeNewswire release datelined Miami, Florida, on February 7, 2024, said Asher Genoot, the company's president, had been appointed chief executive effective immediately, succeeding Leverton3. Genoot credited Leverton's tenure in the same release. “Over the last three years, Jaime has led Hut 8 through market cycles and built a strong foundation for the Company,” Genoot said.
Sources
- "Hut 8 Appoints Jaime Leverton as CEO," Hut 8 Mining Corp. (Newsfile Corp.), November 2, 2020, https://www.newsfilecorp.com/release/67288/Hut-8-Appoints-Jaime-Leverton-as-CEO
- "Bitcoin Mining Firm Hut 8 Appoints Jaime Leverton as CEO," CoinDesk, November 2, 2020, https://www.coindesk.com/markets/2020/11/02/bitcoin-mining-firm-hut-8-appoints-jaime-leverton-as-ceo
- "Hut 8 Announces Leadership Transition," Hut 8 Corp. (GlobeNewswire), February 7, 2024, https://www.nasdaq.com/press-release/hut-8-announces-leadership-transition-2024-02-07