Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 99

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 99
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 Officer in the U.S. Navy. Mr. Tunison received an M.B.A. in Finance from the University of Rhode Island and a
B.S. in Political Science from the U.S. Naval Academy.

63

Michael
Toporek served as the Chief Executive Officer of the Company from November
2020 until May 1, 2023 when he stepped down from that position and was appointed Executive Chairman of the Board. Mr. Toporek has served
as a member of the Board since October 2016. Since 2003, Mr. Toporek has served as the Managing General Partner of Brookstone Partners
IAC, Inc. (“Brookstone Partners”), a lower middle market private equity firm based in New York and an affiliate of Brookstone
Partners Acquisition XXIV, LLC (“Brookstone XXIV”). Prior to founding Brookstone Partners in 2003, Mr. Toporek was both an
active principal investor and an investment banker. Mr. Toporek began his career in Chemical Banking Corporation’s Investment Banking
Group, later joining Dillon, Read and Co., which became UBS Warburg Securities Ltd. during his tenure, and SG Cowen & Co. Mr. Toporek
currently serves as Chairman of the board of directors of Capstone Holding Corp. Mr. Toporek has a B.A. in Economics and an M.B.A. from
the University of Chicago in Finance/Accounting. Mr. Toporek brings strategic and financial expertise to the Board as a result of his
experience with Brookstone Partners, which the Board believes qualifies him to serve as a director.

Jessica
L. Thomas served as the Chief Financial Officer of the Company from July 2020 through July 2022 and has served as the Company’s
Chief Accounting Officer since August 2022. Ms. Thomas supervises the Company’s financial reporting, treasury, and risk management.
Prior to her employment with the Company, Ms. Thomas served as Director of Optimization for Pregis, LLC, a provider of protective packaging
materials, from 2014 through July 2020, where she was responsible for operations, system, and financial optimization. From 2009 through
2014, Ms. Thomas worked at Plasan North America, Inc. as Manager of Budget & Control and Financial Planning & Analysis and was
also responsible for compliance with government contracting, including monitoring compliance with Defense Contract Audit Agency and Federal
Acquisition Regulations. From 2007 to 200