Bakkt Holdings announced changes to its Board of Directors on July 16, 2024, with Richard Lumb resigning from his position as director and Audit Committee member. The resignation was not due to any disagreements regarding company operations, policies, or practices.On July 19, 2024, the Board appointed Colleen Brown as a Class III director to fill the vacancy. Brown, 65, brings extensive executive experience as the former President and CEO of Fisher Communications Inc. She was also appointed to the Audit Committee and qualifies as an "audit committee financial expert." The Board has confirmed her independence according to NYSE requirements.Brown currently serves on the boards of TrueBlue and Big 5 Sporting Goods, with previous board experience including positions at Spark Networks and American Apparel, where she served as board chair. Her expertise spans strategic planning, operations, finance, technology, and corporate governance, having served as CEO of two public companies and held senior positions in various media and technology firms.

Bakkt Holdings announced changes to its Board of Directors on July 16, 2024, with Richard Lumb resigning from his position as director and Audit Committee member. The resignation was not due to any disagreements regarding company operations, policies, or practices.On July 19, 2024, the Board appointed Colleen Brown as a Class III director to fill the vacancy. Brown, 65, brings extensive executive experience as the former President and CEO of Fisher Communications Inc. She was also appointed to the Audit Committee and qualifies as an "audit committee financial expert." The Board has confirmed her independence according to NYSE requirements.Brown currently serves on the boards of TrueBlue and Big 5 Sporting Goods, with previous board experience including positions at Spark Networks and American Apparel, where she served as board chair. Her expertise spans strategic planning, operations, finance, technology, and corporate governance, having served as CEO of two public companies and held senior positions in various media and technology firms.