Hydro66 Announces Appointment of New CFO
Alex Johnstone brings new strategic capability to CFO role
Boden, Sweden--(Newsfile Corp. - April 30, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that Alex Johnstone has been promoted to CFO effective June 1, 2019. Mr. Johnstone will take over from Juliet Pedrazas who has been with the company since its inception. The Company thanks Juliet for her sterling work with the Company and wishes her all the best in her future endeavours.
Mr. Johnstone was brought onboard as Chief Investment Officer in September 2018 and brings a wealth of experience in traditional finance and cryptocurrency. Previously he was a key member of the Active Credit Portfolio Management team at Santander UK, focusing on Significant Risk Transfer transactions and has worked as Director, Credit Structuring at Erste Group Bank AG and Head of European Bond Syndication at Banco Santander.
Anne Graf CEO commented, "We are delighted Mr. Johnstone is picking up the reins. His wealth of experience in traditional finance and the cryptocurrency sector will be a major asset to the company as we continue to execute on our Enterprise and cryptocurrency colocation strategy."
Mr. Johnstone added "The opportunity to take Hydro66 forward as a dynamic and significant player in crypto infrastructure and Enterprise hosting is extremely attractive on a professional and personal level. I will be using my years of investment experience to identify and support those blockchain projects with the most potential to enhance and expand the cryptocurrency ecosystem. I'm looking forward to the opportunity to create shareholder value along with the rest of the senior management team and the Board."
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Hydro66 owns and operates an award-winning colocation data center in Sweden specializing in High Performance Computing ("HPC") hosting. The Company hosts third party IT infrastructure, utilizing 100% green power, at amongst the EU's lowest power prices and within an ISO27001 accredited facility.
Hydro66 is uniquely positioned to capitalize on opportunities in blockchain infrastructure as well as the traditional Enterprise colocation data center market. The Company provides truly green power at a leading price, purpose-built space and cooling, telecoms, IT support services and 24/7 physical security in their facility in Boden, Sweden. www.hydro66.com
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