Fred Thiel

Chief Executive Officer, Chairman of the Board of Directors

Prior to serving as Marathon’s chief executive officer, Thiel co-founded and served as chairman of Sprocket, a blockchain and cryptocurrency technology and financial services company whose mission is to reduce the risk and friction of cryptocurrency trading across marketplaces, regions and exchanges by establishing a federation of exchanges that together create a single aggregated global trading marketplace with large scale liquidity, rapid execution, minimal counter-party risk, and price transparency. Prior to that, Thiel served as chairman and chief executive officer of Local Corporation, an $80 million Nasdaq-listed leader in online local search and digital media, mobile search monetization and programmatic retargeting markets with over 240 million unique annual visitors.

During his career while holding the title of CEO across multiple companies, Thiel successfully created in excess of $750 million in shareholder value, efficiently raised more than $150 million through both public (IPO and secondary offerings) and private capital sources, led multiple successful corporate transformations resulting in highly accretive exits, built high output agile product development organizations, and established corporate innovation groups resulting in the creation of new product businesses that generated significant new revenues in their first year.

Jim Crawford

Chief Operating Officer

Mr. Crawford has over eighteen years experience in the technology and business sector with expertise in a wide range of disciplines including new media, mobile marketing, intellectual property, security, and compliance.

In early 2013 Mr. Crawford joined Marathon Digital Holdings (Nasdaq:MARA), as Chief Operating Officer, overseeing numerous aspects of the company's operations.

Prior to Marathon Mr. Crawford served as Chief Information Officer at Modavox/Augme Technologies focusing on internal product development and infrastructure build out. He also worked extensively in the Intellectual Property division to effectuate monetization through licensing, and enforcement, as well as assisting in reducing to practice the company¹s innovations and positioning the patent portfolio as a competitive differentiator. He is a named inventor on several Internet Technology patents pending with the United States Patent & Trademark Office. Mr. Crawford served on the Board of Directors of Augme Technologies from March 2006 through August 2011.

Prior to Augme Technologies Mr. Crawford was a founding member of Kino Interactive, LLC (Acquired by Surfnet Media Group, AKA Modavox/Augme Technologies (HIPP)), a developer of enhanced communication software and digital media solutions, as well as a founder of Audioeye, Inc (AEYE), a patented voice infrastructure technology enabling web compliance with the Americans with Disabilities Act (ADA).

Mr. Crawford received his Master of Business Administration (MBA) from Washington State University.

Simeon Salzman

Chief Financial Officer

Prior to joining Marathon, Mr. Salzman served as the Chief Financial Officer and Senior Vice President of the Las Vegas Monorail Company, a private non-profit 501c(4) entity, from 2018-2020. There, he was responsible for overseeing all financial functions including audit, treasury, and corporate finance.  In addition, he was responsible for internal control compliance and management strategy.

Prior to being CFO of the Las Vegas Monorail Company, Mr. Salzman served as the Chief Financial Officer for Wendoh Media and Corner Bar Management for over three years, from 2015-2018.  Through enhanced analytical reviews, budgeting, internal control implementation and reducing overhead, Mr. Salzman was able to save over $1.4 million in aggregate costs and generate EBITDA of over 25% for eight consecutive quarters.

Mr. Salzman holds a Bachelor of Science in Accounting and a Bachelor of Arts in Criminal Justice and Criminology from the University of Maryland, College Park.  He is a Certified Public Accountant.

Ashu Swami

Chief Technology Officer

Swami is an experienced chip designer and crypto and DeFi expert, who brings to Marathon deep technical, regulatory, and market expertise. Swami joins Marathon Digital Holdings from Core Scientific, where he served as the chief product officer, leading the company’s foray into DeFi and heading mining hardware and software optimization. Prior to that, he was the CTO of Apifiny, a hybrid CEX and DEX crypto exchange. Previously, Swami headed an SPV of Quadeye Securities, which pioneered and traded mining swaps, operated cloud mining data centers, and served as the chief advisor to Fortune 50 companies, including Intel Corp, on blockchain initiatives. He also founded LocalPad, a peer-to-peer marketplace and payments plugin that provided “ebay-in-a-box” like functionality to large blogs to monetize their user base. Prior to that, Swami was a portfolio manager and led the high frequency market-making business at Morgan Stanley Program Trading to become a top five market maker in US ETFs. Additionally, he spent over four years as a senior component designer and then tech lead in Intel’s Enterprise Platforms Group. Swami holds three patents in blockchain and trading, an MBA from the Fuqua School of Management at Duke University, and a BTech in computer science from the Indian Institute of Technology, Bombay.

Peter Benz

Vice President, Corporate Development

Peter Benz, currently the Chief Executive Officer of Viking Asset Management, LLC, an asset and investment management company which he founded in 2001. From March 2015 until January 2019, Mr. Benz served as a director of Fluent, Inc, a leading performance marketing company. Since March 26, 2018, Mr. Benz has served as a director of Red Violet, a data analytics company. From June 2016 to May 2018, Mr. Benz served as a director of Lilis Energy Inc., an onshore oil and natural gas exploration and production company. From January 2012 until its merger with Lilis Energy Inc. in June 2016, Mr. Benz served as a director of Brushy Resources, Inc. (formerly known as Starboard Resources, Inc.), an onshore oil and natural gas exploration and production company, and became its Chairman on November 24, 2015. From October 2014 to January 2018, Mr. Benz served as a director of Usell.com, a technology based online market place, and Mr. Benz served as a director and Chairman of the Board of Optex Systems, Inc., a manufacturer of optical systems for the defense industry from November 2014 to August 2018. Mr. Benz earned a Bachelor of Business Administration from the University of Notre Dame. The Board of Directors believes Peter Benz is suited to be a director due to his longstanding experience with public companies.

Mr. Benz was set forth as a director nominee in the Company’s Definitive Proxy Statement on Schedule 14A filed with the SEC on November 2, 2020 to replace Mr. Rudolph, who was to stand for reelection. Due to the postponement of the Company’s Annual Meeting, Mr. Rudolph opted to resign on the date on which the Annual Meeting was originally scheduled to occur, and Mr. Benz has been appointed to fill the vacancy and will stand for election at the Annual Meeting, as contemplated.