Kurt Kalbfleisch Named Chief Executive Officer of Sphere 3D Following Interim Leadership Period
Sphere 3D (NASDAQ: ANY) announced that the Board has appointed Kurt Kalbfleisch as Chief Executive Officer, effective immediately on November 6, 2025. Kurt served as Interim CEO since the end of January and previously held the role of CFO.
During his interim tenure he focused on maintaining business continuity, strengthening operations, and disciplined execution while the company prepared for its next phase of growth and evaluated strategic alternatives.
Sphere 3D (NASDAQ: ANY) ha annunciato che il Consiglio ha nominato Kurt Kalbfleisch Chief Executive Officer, con effetto immediato dal 6 novembre 2025. Kurt ha ricoperto il ruolo di CEO ad interim dalla fine di gennaio e in precedenza ha ricoperto la carica di CFO.
Durante il suo mandato ad interim si è concentrato sul mantenimento della continuità aziendale, sul rafforzamento delle operazioni e sull'esecuzione disciplinata, mentre l'azienda si preparava alla prossima fase di crescita e valutava le alternative strategiche.
Sphere 3D (NASDAQ: ANY) anunció que la Junta Directiva ha nombrado a Kurt Kalbfleisch como Director Ejecutivo, con efecto inmediato a partir del 6 de noviembre de 2025. Kurt se desempeñó como CEO interino desde finales de enero y previamente ocupó el cargo de CFO.
Durante su mandato interino se centró en mantener la continuidad del negocio, fortalecer las operaciones y ejecutar de manera disciplinada, mientras la empresa se preparaba para su próxima fase de crecimiento y evaluaba alternativas estratégicas.
Sphere 3D (NASDAQ: ANY) 이사회는 Kurt Kalbfleisch를 CEO(최고경영자)로 임명했으며, 2025년 11월 6일부로 즉시 효력이 발생한다고 발표했습니다. Kurt는 1월 말부터 임시 CEO를 역임했고 이전에는 CFO를 역임했습니다.
임시 재임 기간 동안 그는 사업 연속성을 유지하고 운영을 강화하며 규율 있는 실행에 집중했고, 회사는 다음 성장 단계로의 준비와 전략적 대안을 평가하는 동안 그 기간을 보냈습니다.
Sphere 3D (NASDAQ: ANY) a annoncé que le Conseil d'administration a nommé Kurt Kalbfleisch PDG, avec effet immédiat au 6 novembre 2025. Kurt a assuré le poste de CEO par intérim depuis la fin janvier et occupait auparavant le poste de directeur financier (CFO).
Pendant son mandat intérimaire, il s'est concentré sur le maintien de la continuité des activités, le renforcement des opérations et une exécution disciplinée, tandis que l'entreprise se préparait à sa prochaine phase de croissance et évaluait des alternatives stratégiques.
Sphere 3D (NASDAQ: ANY) hat der Vorstand Kurt Kalbfleisch zum Chief Executive Officer ernannt, mit sofortiger Wirkung zum 6. November 2025. Kurt war seit Ende Januar Interim-CEO und hatte zuvor die Rolle des CFO inne.
Während seiner Interim-Periode konzentrierte er sich darauf, die Geschäftskontinuität zu sichern, die operativen Abläufe zu stärken und eine disziplinierte Umsetzung sicherzustellen, während das Unternehmen sich auf die nächste Wachstumsphase vorbereitete und strategische Alternativen prüfte.
Sphere 3D (NASDAQ: ANY) أعلنت أن المجلس قد عيّن Kurt Kalbfleisch كرئيس تنفيذي، اعتباراً من 6 نوفمبر 2025 وبالدرجة الفورية. شغل Kurt منصب الرئيس التنفيذي المؤقت منذ نهاية يناير وكان قد شغل سابقاً منصب المدير المالي (CFO).
خلال فترته المؤقتة، ركّز على الحفاظ على استمرارية الأعمال، تعزيز العمليات، وتنفيذ بشكل منضبط بينما كانت الشركة تستعد لمرحلتها التالية من النمو وتقييم البدائل الاستراتيجية.
- Board appointed Kurt Kalbfleisch as CEO effective November 6, 2025
- Interim CEO since the end of January, providing operational continuity
- Prior experience as CFO within the company
- Company is evaluating strategic alternatives, which may create near-term uncertainty
Insights
Appointment of Kurt Kalbfleisch as permanent CEO formalizes interim leadership; effect uncertain without financial or strategic detail.
Sphere 3D named Kurt Kalbfleisch CEO effective
The immediate business mechanism is leadership continuity: a CEO who already led operations should reduce transition friction and keep execution on existing plans. Material impact depends on disclosed actions and results; the release contains no financial figures, transaction terms, or specific strategic moves, so direct effects on value or capital structure are not stated.
Key dependencies and risks are explicitly execution and the company’s further decisions about strategic alternatives. Monitorable items include any announced transactions, concrete strategic initiatives, or quarterly financial metrics that follow this appointment; the company’s stated focus on discipline and evaluation of alternatives should produce such disclosures if material.
Proven Leader to Drive Operational Discipline and Pursue Strategic Growth Opportunities
Stamford, Connecticut--(Newsfile Corp. - November 6, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that its Board of Directors has appointed Kurt Kalbfleisch as Chief Executive Officer, effective immediately. Kurt has served as Interim CEO since the end of January, providing steady leadership and operational discipline.
During his tenure as Interim CEO, Kurt focused on maintaining business continuity, strengthening operations, and ensuring disciplined execution across the organization. These efforts have helped the Company remain on solid footing while preparing for its next phase of growth, as well as strategic alternatives.
"Over the past several months, Kurt has demonstrated thoughtful leadership, sound judgment, and a deep understanding of our business," said Duncan McEwan, Chairman of the Board. "The Board's decision to appoint Kurt as CEO reflects our confidence in his ability to lead the Company forward, and evaluate opportunities that align with our long-term vision."
"Having been with the Company for several years, including serving as CFO, I've had the opportunity to see the business and the broader industry evolve," said Kurt Kalbfleisch, "While market conditions have shifted over this time, our focus has remained the same; maintain financial and operational discipline, while carefully evaluating opportunities that support long-term growth. Over the past several months, we've concentrated on execution, focusing on the foundation to allow the Company to be well positioned for the next phase of organic development and the pursuit of strategic growth initiatives."
About Sphere 3D
Sphere 3D Corp. (NASDAQ: ANY) is a Bitcoin miner, growing its digital asset mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with data center operators. Sphere 3D is dedicated to increasing shareholder value. For more information about Sphere 3D, please visit Sphere3D.com.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events, including the timing of the proposed transaction and other information related to the proposed transaction. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions. Expectations and beliefs regarding matters discussed herein may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. The forward-looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in filings with the SEC, including Sphere 3D's reports filed on Form 10-K, Form 10-Q and Form 8-K and in other filings made by Sphere 3D with the SEC from time to time and available at www.sec.gov. These forward-looking statements are based on current expectations, which are subject to change.
Sphere 3D Contacts
Investor.relations@sphere3d.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273372
FAQ
Who is the new CEO of Sphere 3D (NASDAQ: ANY) and when did the appointment take effect?
How long did Kurt Kalbfleisch serve as Interim CEO before his November 6, 2025 appointment at ANY?
What roles did Kurt Kalbfleisch hold at Sphere 3D (ANY) before becoming CEO?
What operational priorities did Kurt focus on during his interim tenure at Sphere 3D (ANY)?
Does the November 6, 2025 CEO appointment at Sphere 3D (ANY) indicate any strategic changes?
