Skip to content
Section 1 of 3
Next: The move

· MARA Holdings names Compass Datacenters veteran Nancy Novak an independent director

MARA Holdings Appoints Nancy Novak to Its Board

MARA Holdings named data center veteran Nancy Novak an independent director effective August 1, 2026, as the Bitcoin miner builds out its energy and infrastructure strategy.

Updated on 1 min read · 2 sources

The move at a glance

The Moves Ledger, event W0416
Role
Independent DirectorBoard seat
Organization
MARA Holdings
In or out
InAppointed Independent Director
Became public
The first dated public source, UTC
Rows of drive bays with green lights in a blue-lit server rack
Rows of drive bays with green lights in a blue-lit server rack. Photo · Pexels
“MARA Holdings named Nancy Novak, a data center builder with four decades in construction, to its seven-seat board on August 4, 2026. Will MARA's energy bet need her data center playbook more than its mining one?”

MARA Holdings named Nancy Novak an independent director on August 4, 2026, effective August 1, 20261. Six of seven board seats stayed independent. Blockchain.News reported the appointment the same day, August 4, 20262.

29 board appointments on the record in 2026, the most of any year

Board appointments CryptoLately has verified, by year; 2026 through Oct. 2, 2026

  • 2026: 29
  • 2019, 2020, 2021, 2022, 2023, 2024, 2025

    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
    20193
    202010
    202110
    20224
    20234
    20246
    202520
    202629

    Trading Venues & Brokerage led board appointments in 2026, with four

    Board appointments CryptoLately has verified in 2026, by the sector of the company

      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
      Trading Venues & Brokerage4
      Bitcoin & Mining4
      Institutional Custody & Asset Management3
      Capital Markets & Treasury2

      The move

      Fred Thiel, MARA's chairman and chief executive, explained the pick. “Nancy's deep expertise in hyperscale data centers will provide valuable perspectives as we pursue these opportunities, maximize the long-term value of every megawatt we control and build on the strong foundation of our Bitcoin mining business,” Thiel said1. Novak gave her own reason in the same release. “The next generation of digital infrastructure will require disciplined execution, speed to market and a deep understanding of hyperscale and enterprise customers,” she said. “MARA combines a compelling strategy with unique infrastructure assets, and I'm excited to contribute my experience in data center development and innovation as the Company continues executing that vision”.

      Blockchain.News tied the hire to a bigger shift. The outlet linked Novak's arrival to MARA's push to pair Bitcoin mining with hyperscale computing2.

      Novak's record before MARA

      Novak once served as chief innovation officer of Compass Datacenters, where MARA's release said she led large-scale data center builds for hyperscale and cloud clients1. She also pushed construction innovation and sustainable infrastructure there, the release said. Her career spans more than four decades. Blockchain.News added two more stops: Hensel Phelps and Balfour Beatty, where she oversaw more than $3.5 billion in projects2. She sits on the boards of Sims Limited and Weston Solutions too.

      What to watch

      MARA's release tied Novak's seat to a plan that pairs power-market partnerships with Bitcoin mining1. A data center deal MARA credits to her would show the board putting her experience at Compass Datacenters, Hensel Phelps and Balfour Beatty to use.

      Sources

      1. MARA Holdings, "MARA Appoints Two New Independent Directors to Board," GlobeNewswire, August 4, 2026, https://ir.mara.com/news-events/press-releases/detail/1426/mara-appoints-two-new-independent-directors-to-board
      2. Timothy Morano, "MARA (MARA) Adds Energy, Data Center Experts to Board," Blockchain.News, August 4, 2026, https://blockchain.news/news/mara-appoints-hart-novak-independent-directors

      Cite this piece

      Ryan Elliott Dennis, "MARA Holdings Appoints Nancy Novak to Its Board," CryptoLately, Aug 4, 2026, https://cryptolately.com/articles/mara-holdings-appoints-nancy-novak-to-its-board

      Tags: MARA Holdings · Nancy Novak · board of directors · bitcoin mining

      Related, lately

      More

      Keyboard

      j k
      Move through a list
      Enter
      Open the selected piece
      /
      Search the list, or the whole site
      g then h
      Latest
      g then a
      Articles
      g then s
      The Signal
      g then o
      Opinion
      g then p
      People
      ?
      This sheet
      Esc
      Close