Overview

Click to expand overview
Cryptocurrency firm Celsius Network withdrew a motion to tap its former CFO, Rod Bolger as an advisor for its ongoing bankruptcy proceedings in a filing with the U.S. Embattled crypto firm Celsius Network has discontinued its move to rehire ex-Chief Financial Officer (CFO) Rod Bolger. Previously, the firm intended to bring the ex-CFO aboard to help Embattled lending platform Celsius wants to bring back ex-CFO Rod Bolger and pay him about $92,000 a month, prorated over a period of at least six weeks. The Celsius is trying to hire its CFO back at $92,000 a month, filings say - Embattled lending platform Celsius wants to bring back ex-CFO Rod Bolger and pay him Bankrupt Crypto Lender Company Celsius is trying to hire its ex-CFO Rod Bolger and has asked him to return as an advisor for the company. Celsius will pay him $92,000 monthly, prorated

Celsius Rehires CFO at $92,000/Month? Resistance Mounts

Bankrupt Cryptocurrency firm Celsius Network's attempt to rehire its former CFO, Rod Bolger, at a rate of $92,000 per month is facing significant resistance. Filings reveal Celsius' intention to bring the ex-CFO aboard as an advisor for its ongoing bankruptcy proceedings, aiming to leverage his expertise.

Reports indicate Celsius wants to bring back ex-CFO Rod Bolger and pay him about $92,000 a month, prorated over a period of at least six weeks. The move has sparked controversy, and it appears Celsius Network withdrew a motion related to the appointment of Rod Bolger in a filing with the U.S. court. Previously, the firm intended to bring the ex-CFO aboard to help navigate its financial restructuring.

The embattled crypto firm Celsius Network has seemingly discontinued its move to rehire ex-Chief Financial Officer (CFO) Rod Bolger following pushback. While Celsius is trying to hire its CFO back at $92,000 a month, the proposal has encountered substantial hurdles. Stay updated on the latest developments regarding Celsius's bankruptcy proceedings and its attempt to re-engage its former financial leadership.

Top Sources

Related Articles