CleanSpark Appoints Ruben Sahakyan as Senior Vice President of Finance

Seasoned Investment Banking Executive Brings Deep Sector Experience and Capital Markets Expertise to Support CleanSpark’s Growth in AI Infrastructure

CleanSpark, Inc., a market-leading data center developer, announced the appointment of Ruben Sahakyan as Senior Vice President of Finance. Sahakyan has already joined the Company and will lead CleanSpark’s Capital Markets, Financial Planning & Analysis functions, and support firm-wide M&A.

Sahakyan joins CleanSpark from Keefe, Bruyette & Woods (KBW), a Stifel company, where he served as Managing Director in the Fintech & Financial Services Group and Co-Head of Digital Assets & Infrastructure Investment Banking. Over the course of his career, he has held roles at KBW, Stifel, GMP Securities and TD Bank, building broad experience across investment banking, equity research, risk management, and asset management. He has advised on more than $20 billion dollars of transaction value across the digital assets, infrastructure, and fintech sectors.

With more than 15 years of financial services experience, Sahakyan brings significant depth in mergers and acquisitions, public and private capital markets transactions, and strategic advisory, precisely the expertise CleanSpark needs as it advances its transformation into a multi-gigawatt AI and digital infrastructure platform.

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“Ruben is exactly the kind of leader we want on this team,” said Gary Vecchiarelli, President and CFO of CleanSpark. “He has spent his career at the epicenter of digital assets and infrastructure finance, and he understands the landscape we operate in as well as anyone. As we pursue large-scale capital markets activity and high-value M&A opportunities, his expertise will be instrumental in helping us execute with precision and conviction at the speed necessary to win in the AI infrastructure space. We’re excited to have him here.”

“I am excited to partner with a leadership team that has demonstrated the discipline and strategic focus to capitalize on a significant opportunity. CleanSpark has built a highly differentiated, low-cost infrastructure platform ideally positioned to serve the growing demand for AI compute,” said Sahakyan. “Market-leading talent at every level, a scaled, diverse power footprint, and focus on commercializing its assets made joining an easy decision.”

Sahakyan holds Series 79 and 63 licenses, a Bachelor of Commerce degree from the University of Toronto and is a CFA charterholder.

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