{"id":82226,"date":"2022-08-08T02:16:58","date_gmt":"2022-08-08T06:16:58","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82226"},"modified":"2022-08-08T01:56:47","modified_gmt":"2022-08-08T05:56:47","slug":"bankrupt-crypto-lending-platform-celsius-withdraws-motion-to-hire-cfo-back-at-92000-a-month","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2022\/bankrupt-crypto-lending-platform-celsius-withdraws-motion-to-hire-cfo-back-at-92000-a-month.html","title":{"rendered":"Bankrupt crypto lending platform Celsius withdraws motion to hire CFO back at $92,000 a month"},"content":{"rendered":"\n<p>(CNBC) Embattled lending platform Celsius has withdrawn <a rel=\"noreferrer noopener\" href=\"https:\/\/cases.stretto.com\/public\/x191\/11749\/PLEADINGS\/1174907262280000000010.pdf\" target=\"_blank\">its motion to bring back ex-CFO<\/a> Rod Bolger at $92,000 a month, prorated over a period of at least six weeks, <a rel=\"noreferrer noopener\" href=\"https:\/\/cases.stretto.com\/public\/x191\/11749\/PLEADINGS\/1174908052280000000083.pdf\" target=\"_blank\">according to a court document<\/a> filed in the Southern District of New York on Friday. The notice of withdrawal came just ahead of a hearing scheduled for Monday to review it. While Bolger worked full-time with the company as CFO, <a rel=\"noreferrer noopener\" href=\"https:\/\/cases.stretto.com\/public\/x191\/11749\/PLEADINGS\/1174907262280000000010.pdf\" target=\"_blank\">the original motion shows<\/a> that he had a base salary of $750,000 and a performance-based cash bonus of up to 75% of his base.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/08\/07\/celsius-withdraws-motion-to-hire-cfo-back-at-92000-a-month.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Embattled lending platform Celsius has withdrawn its motion to bring back ex-CFO Rod Bolger at $92,000 a month, prorated over a period of at least six weeks, according to a court document filed in the Southern District of New [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82226","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82226"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82226\/revisions"}],"predecessor-version":[{"id":82227,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82226\/revisions\/82227"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}