Forward Industries, Inc. (NASDAQ: FWDI), a company that has repositioned itself as a publicly traded Solana treasury company, announced the appointment of Mark Brazier as chief financial officer, effective April 13, 2026. Brazier will succeed Kathleen Weisberg, who will remain with the company in the role of director of financial reporting. The move comes as Forward Industries continues to execute its strategy of acquiring, holding, staking, and investing in Solana (SOL) and related digital assets.
Brazier brings extensive experience at the intersection of traditional finance and the cryptocurrency ecosystem. Most recently, he served as CFO and head of regulatory at XBTO Global, a digital asset financial services firm. His background also includes senior roles in institutional finance, where he oversaw capital structure, reporting, and capital markets activities. In his new position at Forward Industries, Brazier will be responsible for leading financial operations, managing the company's capital structure, overseeing financial reporting, and driving capital markets initiatives. The company cited his expertise as critical to supporting its growth as it strengthens its position within the Solana ecosystem.
Forward Industries launched its digital asset treasury strategy in September 2025, supported by industry-leading investors and operating partners including Galaxy Digital and Jump Crypto through a private placement transaction. The company's mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with Solana-based protocols, developers, and projects. By staking its SOL holdings, Forward Industries generates yield while contributing to the security and decentralization of the Solana network. The appointment of Brazier signals a continued commitment to professionalizing its financial operations as the company navigates the evolving regulatory and market landscape of digital assets.
The company believes Brazier's experience in both traditional finance and digital assets, particularly his regulatory background, will be instrumental as Forward Industries scales its treasury operations and explores new investment opportunities. The company's strategy focuses on increasing shareholder value through direct investment in SOL and related assets, as well as providing tools and capital to projects within the Solana ecosystem. For more information on the company's Solana treasury strategy, visit forwardindustries.com.
Forward Industries' transition to a digital asset treasury company represents a significant shift from its previous business lines. The company now positions itself as a vehicle for investors seeking exposure to the Solana ecosystem through a publicly traded entity. With Brazier's appointment, the company aims to strengthen its financial governance and strategic execution in the rapidly changing crypto market. The latest news and updates relating to FWDI are available in the company's newsroom at https://ibn.fm/FWDI.
