Benjamin J. Gagnon

Career

1. 2024 – now
   Bitfarms Ltd. / Keel Infrastructure Corp.src
   Chief Executive Officer; director since 2024-08-12
   Appointed 2024-07-08 from Chief Mining Officer, after former CEO Geoffrey Morphy was terminated on 2024-05-12 and Chairman Nicolas Bonta served as interim CEO. Bitfarms redomiciled to Delaware as Keel on 2026-04-01
2. 2021 – 2024
   Bitfarms Ltd.src
   Chief Mining Officer
   Officer since 2021-06-01 per the AIF director and officer table
3. 2020 – 2021
   Bitfarms Ltd.src
   Director of Mining Operations
4. 2019 – 2020
   Bitfarms Ltd.src
   Director of Business Development
5. 2018 – 2019
   LuTech Ltd.src
   Chief Technology Officer
   Crunchbase lists him as Chief Technical Officer & Cryptoeconomist at LuTech (WS-crunchbase)
6. 2016 – 2019
   Island Computer Ltd.src
   Chief Mining Officer
   The filings say that before Bitfarms he founded and ran two Bitcoin-mining companies as CEO, Chief Mining Officer and CTO; they do not say which roles were at which company
7. 2015 – 2016
   Bitcoin-mining site development in Asiasrc
   Power, land acquisition and data-center development for Bitcoin mining
   The 10-K says his career began in 2015 in South East Asia. No employer is named

Not located: 2015-2016 employer not named in any source searched; the years of both degrees were not located

Achievements

• Rose from Director of Business Development (2019) to CEO (July 2024) inside Bitfarms, taking over after the prior CEO was terminated mid-searchsrc
• Led the pivot from international Bitcoin mining to North American HPC/AI infrastructure, the exit from the Americas, the Panther Creek campus plan and the 2026-04-01 US redomicile as Keel. These were the individual goals on his 2025 scorecardsrc
• The material weakness in accounting for complex transactions reported at 2024 year end was remediated, and ICFR was assessed effective at 2025 year end (PwC-audited, Stronghold excluded)src
• Bought 97,776 shares on the open market in August 2026 at about $3.33, his first open-market purchases on Form 4src

Education

• University of Hong Kong, MSc Internet Computingsrc
• Indiana University, Kelley School of Business, BSc Economic Consulting and International Businesssrc

Background

• Family The FY2025 10-K states there are no family relationships between the executive officers and board memberssrc
• Legal Named defendant with the company, former CFO Jeffrey Lucas and former CEO Geoffrey Morphy in In re: Bitfarms Securities Litigation (E.D.N.Y., 1:25-cv-02630, filed 2025-05-09, amended 2025-10-21). The Rule 10b-5 claims cover purchases from 2023-03-21 to 2024-12-09 and arise from the restatement. Still pending at the Q2 2026 10-Qsrc
• Boards Co-chair of the Canadian Bitcoin Consortium's Infrastructure Committee (formerly Mining Committee) and a lead analyst for the Bitcoin Mining Councilsrc
• Other Became CEO during Riot Platforms' 2024 campaign at Bitfarms (poison-pill rights plan adopted 2024-06-20, settlement agreement 2024-09-23) and the former CEO's employment claim, settled in 2024src
• Other The company appointed Ganesh Aiyer (ex-Digital Realty Chief Business Officer) as President from 2026-07-06, reporting to him, with a $500k salary, 100% target bonus and a sign-on grant of 100,000 options plus $1.5m of RSUssrc