Charles Zeynel
Greenidge Generation HoldingsAbout Charles Zeynel
No evidence in Greenidge Generation Holdings Inc. (GREE) filings indicates that a person named “Charles Zeynel” serves or has served as a director or officer. The company’s most recent proxy statements (2023–2025) and director-related 8‑K filings list all current and refreshed directors without mention of “Zeynel.” Accordingly, no age, tenure, biography, compensation, ownership, or committee information for “Charles Zeynel” appears in GREE’s governance disclosures .
Validation summary: GREE’s 2025 proxy lists directors and committee rosters and does not include “Charles Zeynel” . The 2024 proxy and 2023 proxy likewise contain no such name . The April 16, 2025 8‑K announcing board refresh and new independent directors (Fearn, Krug) also contains no mention of “Zeynel” .
Past Roles
No GREE disclosure references a director named “Charles Zeynel,” so prior roles are not disclosed in company filings. The director biographies included in the 2025 and 2024 proxies do not include this name .
External Roles
Not disclosed in GREE filings; the company’s director biographies and board refresh 8‑K do not include “Charles Zeynel” .
Board Governance
- Controlled company status: GREE states it is a “controlled company,” allowing exemptions from certain Nasdaq independence requirements (e.g., majority independent board, fully independent compensation committee) .
- Independence mix: In 2025, the board consisted of ten directors; five were independent (Neuscheler, Fearn, Rogers, Krug, Lowe) . In 2024, independent directors were Neuscheler, Rogers, Rothaupt and Lowe .
- Committees and composition:
- Audit Committee (2025): Neuscheler (Chair; audit committee financial expert), Lowe, Fearn; all meet Nasdaq/SEC independence and financial literacy requirements .
- Audit Committee (2024): Neuscheler (Chair; financial expert), Lowe, Rothaupt; all independent .
- Compensation Committee (2025): Fazio (Chair), Krug, Lay; as a controlled company, the committee need not be fully independent .
- Compensation Committee (2024): Fazio (Chair), Lay; controlled company exemption disclosed .
- Nominating/Governance: No standing nominating and corporate governance committee; independent directors oversee director nominations per guidelines and intend to form a committee if required by law/Nasdaq .
- Executive sessions: Independent directors meet in executive session at least twice per year .
- Attendance: The board met 4 times in 2024; each director attended at least 75% of applicable board/committee meetings. In 2023, the board met 13 times and each director met the 75% threshold .
- 2025 board refresh: On April 14–17, 2025, Anderson and Rothaupt resigned; independent directors Fearn and Krug joined; Fazio elected Chairman .
Board and Committee Activity (Counts)
| Metric | 2023 | 2024 |
|---|---|---|
| Board meetings (number) | 13 | 4 |
| Compensation Committee meetings (number) | 1 | 1 |
Fixed Compensation
GREE discloses a standard cash retainer framework for non‑employee directors; several Atlas‑affiliated directors receive no compensation.
| Retainer Element | 2023 | 2024 | 2025 |
|---|---|---|---|
| Board member annual cash retainer ($) | 30,000 | 30,000 | 40,000 (increase effective Jan 1, 2025) |
| Vice Chair annual retainer ($) | 20,000 | 20,000 | 20,000 |
| Audit Chair annual retainer ($) | 10,000 | 10,000 | 10,000 |
Notes:
- Named non‑employee directors compensated via retainers include Lowe, Neuscheler, Rogers, Rothaupt (2023); Atlas‑affiliated directors (Anderson, Bursky, Fazio, Filippelli, Lay) received no compensation as directors and remained uncompensated in 2024 per the 2025 proxy’s 2024 director comp table .
Performance Compensation
- New director equity: Fearn and Krug (appointed April 17, 2025) to receive an equity award valued at $100,000, vesting over three years, in addition to the standard $40,000 cash retainer .
- Director stock/option awards for 2023–2024: Proxy tables show no stock or option awards for non‑employee directors in 2023–2024 (only cash retainers disclosed) .
| Element | 2023 | 2024 | 2025 |
|---|---|---|---|
| Annual equity grant to non‑employee directors ($) | — (none disclosed) | — (none disclosed) | 100,000 for newly appointed independent directors (3‑yr vest) |
No performance metric framework (TSR, EBITDA, ESG) is disclosed for director equity in GREE filings; director compensation appears retainer‑based with selective time‑based equity for new appointees .
Other Directorships & Interlocks
- No GREE filings identify “Charles Zeynel,” so no other public company boards or interlocks are disclosed for this individual in GREE materials .
Expertise & Qualifications
- Not disclosed for “Charles Zeynel.” Current independent directors’ stated skills include: financial expertise (Neuscheler; audit committee financial expert), capital markets/small‑cap investing (Krug), real estate and M&A (Fearn), crypto/operator experience (Rogers), and industrial operations (Lowe) .
Equity Ownership
- No Section 16 or proxy ownership disclosure references a “Charles Zeynel.” The 2023–2025 proxies do not include this name in director or ownership sections .
Governance Assessment
- Identification risk: There is no record in GREE’s 2023–2025 proxies or director‑related 8‑Ks of a director named “Charles Zeynel,” indicating a likely misattribution. Investors should rely on the disclosed slate (including 2025 refresh: Fearn, Krug) and committee rosters for governance analysis .
- Board structure and independence: As a controlled company, GREE maintains fewer formal independence requirements (e.g., Compensation Committee not fully independent); however, Audit Committee is independent and chaired by an audit committee financial expert (Neuscheler). Independent director executive sessions (min. twice per year) and periodic refresh (2025) are positives for oversight .
- Director compensation alignment: Cash retainers are modest (raised to $40k in 2025). Equity for new independent directors (time‑based vesting over three years) enhances alignment but lacks disclosed performance conditions; nonetheless, director pay quantum is conservative for a company of GREE’s size .
- Attendance and engagement: Aggregate attendance met the 75% threshold in both 2023 and 2024; compensation committee met once each year. Limited committee meeting frequency suggests lean governance cadence consistent with company scale; investors may monitor committee workload as operations evolve .
- Shareholder feedback: The 2024 annual meeting agenda did not include an advisory say‑on‑pay vote (only director elections and auditor ratification), typical for smaller or controlled companies, but reduces direct investor feedback channels on compensation .
RED FLAGS
- Misattributed director: No evidence that “Charles Zeynel” serves on GREE’s board—analysts should not factor governance signals from a non‑existent appointment .
- Controlled company exemptions: Compensation Committee not required to be fully independent; no standing nominating/governance committee—monitor for potential entrenchment risk and robustness of director selection processes .
Monitoring checklist
- Future 8‑K Item 5.02 filings for any additional board changes and/or new director equity frameworks .
- Next DEF 14A for any evolution in committee independence, director compensation mix, ownership guidelines, and say‑on‑pay adoption .