AVAX One's Polimeni Steps Down as CFO Amid Leadership Change
AVAX One Technology Ltd., a digital infrastructure company listed on Nasdaq under the ticker AVX, announced today that its Chief Financial Officer (CFO) Chris Polimeni is leaving the company effective August 17, 2026. Stephanie Brady, who has over 30 years of experience in finance and accounting and previously served as SVP of Finance for Accelerate360 Holdings, LLC, has been promoted to Chief Accounting Officer.
According to Pete Wylie, Interim Chief Executive Officer, Polimeni's departure was not due to any disagreement with the company regarding its operations, policies, or practices. In fact, he will remain available through a consultancy arrangement to ensure a smooth transition. Wylie also praised Brady for her value as a member of the finance team and expressed confidence in her ability to lead the financial reporting function.
The company is currently undergoing a comprehensive search for a permanent Chief Executive Officer, with global executive search firm ZRG Partners supporting the process.