CEA Industries and YZi Labs End Proxy Battle, Appoint New Board Members

Chainthink

Release Time: 06/24/2026 01:44:12

BNB

$571.147-1.02%

Summary

CEA Industries and YZi Labs Management ended their proxy battle on June 24, confirming a new board lineup that includes Ella Zhang, Alex Odagiu, and Matthew Roszak. The board will establish a CEO selection committee, prioritizing candidates with experience in publicly traded companies and digital assets. Alex Odagiu will serve as interim president on the BNC executive team, reporting directly to the board until a new CEO is appointed. This development occurs amid ongoing new token listings and evolving governance strategies in the digital asset sector.

ChainThink reports that on June 24, according to an announcement, CEA Industries, the BNB treasury company, signed a cooperation agreement with YZi Labs Management, ending their proxy contest.

Pursuant to the agreement, CEA Industries immediately appoints Ella Zhang, Alex Odagiu, and Matthew Roszak as board members.

The board will also establish a CEO Search Committee focused on candidates with experience in public companies and digital assets. Alex Odagiu will join BNC’s executive team as Interim President, reporting directly to the board until a new CEO is appointed.

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