Marathon Digital Holdings Appoints Vicki Mealer-Burke to Its Board of Directors

Fort Lauderdale, FL, April 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced the appointment of Vicki Mealer-Burke to its board of directors, effective April 1, 2024. With this addition, Marathon's board is now comprised of eight directors, including seven independent directors and one inside director.

Vicki Mealer-Burke brings a wealth of experience to Marathon from her 26 years in executive leadership at Qualcomm Incorporated, where she held roles that range from global business development, product management, operations, and human resources. Throughout her career at Qualcomm, Mealer-Burke contributed to Qualcomm's growth, which grew from $2 billion in revenues and 6,000 employees to over $36 billion and 50,000 employees. Her tenure as Qualcomm's first Chief Diversity Officer highlights her dedication and skill in cultivating inclusive and purpose-driven cultures. She has also served as a member of the board of directors of the Make-A-Wish Foundation of San Diego and LEAD San Diego.

Since September 2022, Mealer-Burke has been serving on Marathon's advisory board, where she has provided guidance on the organization, product strategies, compensation and retention strategies, and ESG and DEI strategies. She holds a Bachelor of Business Administration in Management Information Systems from Iowa State University and a Master of Arts in Administration from The Ohio State University.

"Vicki has been a valuable advisor to Marathon since 2022,” said Fred Thiel, Marathon’s chairman and CEO. “Now that she has transitioned to a member of our board of directors, Marathon can further benefit from her extensive leadership and expertise. We welcome her to the board and look forward to how her insights, experience, and guidance can continue to contribute to Marathon's strategic direction and growth."

Vicki Mealer-Burke added, "As the leader in its industry, Marathon is committed to building a more sustainable and inclusive future with innovative Bitcoin mining technologies. I look forward to working with the management team and the rest of the board to further Marathon’s success in this dynamic and rapidly growing industry.”

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