Riot Platforms Extends Colin Yee’s Role as CFO with New Professional Services Agreement


Riot Platforms, Inc. has renewed its engagement with Colin Yee to continue serving as the company’s Chief Financial Officer under an amended and restated professional services agreement. The updated agreement, effective April 12, 2025, extends Mr. Yee’s term for an initial 36 months, with automatic 12-month renewals thereafter unless otherwise terminated.

The terms of the new agreement align closely with Riot’s executive employment policies, including procedures for potential severance arrangements. Any severance would include structured lump sum payments, and Mr. Yee may receive pro rata or accelerated vesting of stock awards upon termination, depending on the award type.

As part of the agreement, Mr. Yee will continue in his role as an independent contractor, not as an employee, and is therefore not eligible for employee-specific benefits or protections such as workers’ compensation.

The revised agreement reflects the company’s ongoing commitment to its leadership continuity amid its continued operational expansion. Riot previously disclosed similar executive contract formats in a filing dated November 26, 2024.