ETHZilla Appoints John T. Saunders as New Chief Financial Officer

ETHZilla Appoints John T. Saunders as Chief Financial Officer

ETHZilla Corporation (Nasdaq: ETHZ) is excited to announce the promotion of John T. Saunders to the role of Chief Financial Officer (CFO). This strategic move, effective from the first business day after the filing of the company’s quarterly report for the period ending September 30, 2025, signifies a crucial step in enhancing ETHZilla's position in both traditional and decentralized finance.

As a part of his new responsibilities, Saunders will manage various core functions, including financial strategy, internal controls, as well as operations and information technology. Previously serving as Vice President of Finance, he has garnered an impeccable reputation for his financial acumen and leadership skills.

McAndrew Rudisill, chairman and CEO of ETHZilla, praised Saunders's extensive experience in finance and operational transformation, declaring, "John is a talented and strategic financial leader with decades of experience in finance, accounting, treasury, capital strategy and operational transformation. His deep expertise in scaling high-growth companies, corporate development, and mergers and acquisitions makes him an ideal fit for CFO as ETHZilla works to expand its position as a bridge between traditional finance and decentralized finance platforms."

Saunders brings a wealth of experience to his new role, having a remarkable career in high-growth environments within aerospace, defense, and digital asset sectors. His past leadership roles in both public and private companies have honed his ability to navigate complex growth and transformation initiatives. Before joining ETHZilla in August 2025, he was the Senior Vice President of Finance and Capital Markets at Bridger Aerospace. During his tenure there, he spearheaded strategic financial initiatives that were critical during a significant growth phase.

Moreover, Saunders previously served as CFO at Ascent Vision Technologies, LLC. His stewardship of the company’s expansion into challenging defense markets culminated in its successful sale to CACI International in 2020. Following this acquisition, he played a pivotal role in the integration of Ascent into CACI, showcasing his capability to manage transitions effectively.

Saunders's academic background includes a master’s degree in professional accountancy from Montana State University and a bachelor’s degree in economics from Bates College. He kicked off his career in public accounting, where he gained invaluable insights as a certified public accountant with Rudd and Co.

ETHZilla Corporation operates at the intersection of traditional finance and decentralized finance. The company is committed to enabling secure and accessible blockchain transactions through the implementation of Ethereum Network protocols. ETHZilla’s business model aims to connect financial institutions globally, generating recurring revenues from various DeFi protocols that enhance the integrity and security of the Ethereum network. Its vision includes the innovative conversion of traditional assets into digital formats through tokenization and the provision of services that facilitate seamless DeFi transactions.

Saunders’s ascent to CFO is expected to inject new energy and strategic vision into ETHZilla’s ongoing efforts to expand its influence and services within the decentralized finance ecosystem. With his vast experience in navigating financial landscapes, he is well-positioned to lead the company's financial strategies as it continues to grow and adapt in an evolving market.

For anyone interested in learning more about ETHZilla and its innovative approach to decentralized finance, visit ethzilla.com or follow the company on X @ETHZilla_ETHZ or LinkedIn. This promotion not only reflects ETHZilla's commitment to its long-term growth objectives but also solidifies its leadership in connecting the worlds of traditional finance and decentralized finance.