Riot Platforms Appoints Jason Chung as New CFO, Succeeding Colin Yee

Riot Platforms, Inc. (NASDAQ: RIOT), a leader in Bitcoin mining and digital infrastructure, has announced a significant shift in its executive team with the appointment of Jason Chung as the new Chief Financial Officer (CFO). This change will take effect on March 1, 2026, according to riotplatforms.com.

Leadership Transition

Jason Chung, who currently serves as Riot's Executive Vice President and Head of Corporate Development & Strategy, will take over from Colin Yee. Yee has been with the company since 2022 and will transition to a Senior Advisor role to ensure a smooth leadership change. Chung brings with him two decades of experience in investment banking and corporate finance, making him well-suited to lead Riot's financial strategy as the company continues its ambitious growth plans.

Strategic Focus

Under Chung's leadership, Riot aims to further align its financial framework with its long-term strategic objectives. The company is looking to consolidate its finance and strategy functions, which is expected to strengthen its position in the digital infrastructure sector. CEO Jason Les expressed confidence in Chung’s ability to guide Riot's capital allocation strategy, highlighting his track record of delivering value-creating results.

Company Vision and Growth

Riot Platforms has established itself as a Bitcoin-driven industry leader, focusing on the development of large-scale data centers and mining applications. The company operates facilities in central Texas and Kentucky, with additional engineering capabilities in Denver and Houston. As part of its growth strategy, Riot is expanding into data center development to meet the increasing demand for high-density computing.

Future Outlook

Chung expressed his enthusiasm about taking on the CFO role during a transformative time for Riot. He emphasized the importance of integrating financial discipline with the company's growth ambitions in digital infrastructure. This strategic alignment is expected to drive operational efficiency and disciplined capital deployment, ensuring continued value creation for shareholders.

With this leadership transition, Riot Platforms aims to fortify its financial strategy and continue its trajectory as a key player in digital infrastructure development.