Coin Citadel Announces Appointment of Thomas William Pillsworth V as Chief Executive Officer

Coin Citadel Names Thomas William Pillsworth V President and Chief Executive Officer

Bill Schaefer steps down as president, chief executive officer and director.

Coin Citadel announced that its board of directors has appointed Thomas William Pillsworth V as president and chief executive officer.

These leadership appointments were effective September and follow the decision that Bill Schaefer step down as president and chief executive officer and resign as a director of the company.

New management has not made any public statements or issued press releases to this point as they have been diligently working on getting updated financials from old management to update OTCIQ Markets.

We are fortunate to have someone of Thomas's caliber and experience step up to lead Coin Citadel. We are at a critical moment in the future of Fintech and Blockchain technology and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead.

Pillsworth has been in the Bitcoin space since 2014, runs a mining operation as pictured in the NY Times, Feb 2018, and working on his MS in Digital Innovation

Tom brings deep expertise in crypto assets of particular relevance to the global transformative properties of digital currencies and blockchain, together with broad experience in business operations. I am confident that Coin Citadel will benefit from Thomas's insights and global perspective as we continue to focus on executing our strategy and delivering value for our clients and shareholders.

The board believes that the job of the Coin Citadel CEO now requires additional attributes to successfully execute on the company's strategy. Thomas Pillsworth has the right operational and communication skills and leadership abilities to deliver improved execution and financial performance."

Contact:
Thomas William Pillsworth
Coin Citadel - OTC(CCTL)
https://www.coincitadel.net