AVAX One Technology CEO Jolie Kahn Resigns on July 3; COO Pete Wylie Takes Interim Role

According to SEC filings, Jolie Kahn resigned as CEO of AVAX One Technology (NASDAQ: AVX) on July 3, with Chief Operating Officer Pete Wylie assuming the interim chief executive role while retaining his COO position. The board has engaged global executive search firm ZRG Partners to conduct a formal CEO search.

Under her resignation agreement, Kahn will receive $160,000 in cash compensation, reimbursement for health insurance costs, and unregistered common stock valued at $250,000. AVAX One operates AI and high-performance computing data centers, bitcoin mining operations with current hashrate capacity of approximately 300 PH/s, and manages the Avalanche treasury.