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    Home > Finance > UK's Argo Blockchain names former exec as CEO
    Finance

    UK's Argo Blockchain names former exec as CEO

    Published by Global Banking & Finance Review®

    Posted on March 24, 2025

    1 min read

    Last updated: January 24, 2026

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    Quick Summary

    Argo Blockchain appoints Justin Nolan as CEO, replacing Thomas Chippas. Nolan returns to lead the company through challenging times.

    Argo Blockchain Appoints Former Exec Justin Nolan as CEO

    -Britain's Argo Blockchain on Monday said former chief growth officer Justin Nolan would return as the cryptocurrency miner's chief executive officer.

    Nolan, who was most recently the top boss at digital infrastructure firm Arkon Energy, will replace Thomas Chippas, whose departure was announced in January.

    Argo has faced challenging business conditions since being founded in 2017, and had to sell its Helios mining facility in Texas in 2022 to stave off bankruptcy. 

    Nolan will be the company's second CEO in just over a year. Argo said he had played a key role in expanding its operations, including the development of the Helios project, in his prior stint with the company.

    (Reporting by Shashwat Awasthi; Editing by Savio D'Souza and Mrigank Dhaniwala)

    Key Takeaways

    • •Justin Nolan appointed as Argo Blockchain's CEO.
    • •Nolan previously served as chief growth officer at Argo.
    • •He replaces Thomas Chippas, who left in January.
    • •Argo sold its Helios facility in 2022 to avoid bankruptcy.
    • •Nolan aims to expand operations and stabilize the company.

    Frequently Asked Questions about UK's Argo Blockchain names former exec as CEO

    1What is the main topic?

    The article discusses the appointment of Justin Nolan as the new CEO of Argo Blockchain.

    2Who is Justin Nolan?

    Justin Nolan is the former chief growth officer of Argo Blockchain and was most recently CEO of Arkon Energy.

    3What challenges has Argo Blockchain faced?

    Argo Blockchain faced financial difficulties, leading to the sale of its Helios mining facility to avoid bankruptcy.

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