MARA Appoints Leadership and Establishes European Regional Headquarters to Advance International Growth Strategy
Gérard Mestrallet Appointed Senior Advisor and François Garcin Appointed General Manager, Europe
- Establishes Regional Headquarters in Paris, France
Miami, Florida, August 25, 2025 – MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a leading digital energy and infrastructure company, today announced further expansion of its European operations. MARA has appointed Gérard Mestrallet as Senior Advisor and François Garcin as General Manager, Europe. The Company also announced the establishment of Paris, France, as its new European headquarters. These moves mark significant milestones in MARA’s international growth strategy and position the Company at the heart of the European energy ecosystem.
Fred Thiel, Chairman and CEO of MARA, said, "Gérard's unparalleled industry experience, combined with François's distinguished achievements in finance and technology, will strengthen MARA's presence in Europe. We have exceptional leaders capable of accelerating our expansion in this important growth market. Looking ahead, we will continue to pursue strategic opportunities around the world to power edge inference through structured joint ventures and global partnerships."
Méstrallet is a highly respected European business leader with a decades-long career in global energy and infrastructure, including over 20 years as Chairman and CEO of ENGIE. He was appointed Special Envoy for the India-Middle East-Europe Economic Corridor by French President Emmanuel Macron and advises French and European governments on energy and industrial policy. Mestrallet has served on the boards of Siemens, Saudi Electricity Company, Saint-Gobain, AXA, Société Générale, and Crédit Agricole. He was a member of JPMorgan Chase's International Advisory Board and Chairman of the Association des Marchés Financiers Européennes in Paris. Mestrallet is widely recognized for his significant role in shaping Europe's energy infrastructure over the past three decades.
"I decided to join MARA as a Senior Advisor to help solidify the world's oldest and most successful strategic alliance: the Franco-U.S. alliance," said Meistret. "I will assist Fred Thiel and François Garcin in combining MARA's computing expertise with the global resources of a European energy giant, particularly in power generation in the United States, Europe, the Middle East, and Asia."
Since joining MARA in July of this year, Garcin has spearheaded the formation of MARA France and MARA Europe and played a key role in facilitating the company's recent investment agreement with Exaion. As Managing Director for Europe, Garcin will oversee MARA's European operations from its new headquarters in Paris, France, and focus on establishing new joint ventures with leading European energy companies. Garcin has over 20 years of experience in finance and technology, having completed multi-million dollar transactions in the United States, Europe, and Asia. As founder of Argenthal Holdings, a boutique financial advisory and investment firm, he led high-profile technology investments and transactions with clients and co-investors including JPMorgan Asset Management, Korelya Capital, and Mercato Partners, focusing primarily on AI/HPC, cybersecurity, and blockchain.
"I'm honored to take on this role at such a pivotal time for MARA," said Garcin. "The convergence of AI and energy presents tremendous opportunities for Europe. I look forward to solidifying MARA's leadership in this growing industry, and our new European headquarters in France will lay the foundation for MARA's next chapter of growth."