AVAX One Technology Ltd. (NASDAQ: AVX) has appointed Stephanie Brady as chief accounting officer, elevating her from the role of company controller. The West Palm Beach-based digital infrastructure firm announced the move alongside the departure of Chief Financial Officer Chris Polimeni, whose exit is effective Sunday.
Brady will assume responsibility for AVAX One’s financial reporting function, bringing more than three decades of finance and accounting experience. A licensed certified public accountant in New York State, she previously served as senior vice president of finance at Accelerate360 Holdings, LLC, and held the CFO position at a publicly traded company. Brady’s background also includes roles at Deloitte and PricewaterhouseCoopers.
Polimeni’s departure is not the result of any disagreement with the company regarding operations, policies, or practices, the company stated. He has agreed to remain available in a consultancy capacity during the transition. Interim Chief Executive Officer and Chief Operating Officer Pete Wylie will support the finance organization until a permanent leader is appointed.
AVAX One, which maintains an Avalanche digital asset treasury and operates bitcoin mining facilities, is also developing modular data centers. The board is continuing its search for a permanent CEO in partnership with executive search firm ZRG Partners.
