Soluna Holdings, Inc. announced it has appointed Michael Picchi as Chief Financial Officer, effective April 1, 2026. Picchi will lead Soluna?s finance organization and support the Company?s capital strategy as it scales its behind-the-meter, renewable-powered data center model and expands into Al. David Michaels, a member of Soluna?s Board of Directors, has served as Interim Chief Financial Officer and Treasurer since August 2025.
Michaels will continue in his role as Chief Financial Officer through March 31, 2026 and remain on Soluna?s Board. Picchi most recently served as Chief Financial Officer and Chief Accounting Officer at TECFusions, Inc. (?TECFusions?), a data center developer and operator focused on building sustainable, high-density AI infrastructure, where he has led finance and accounting since February 2024. He brings more than 30 years of experience spanning public and private companies, including leadership roles supporting growth through equity and debt financing, M&A, and complex operating environments.
Prior to TECFusions, Picchi served as CFO of GCX, a medical cart device manufacturer, from April 2022 to January 2024. He also served as Chief Financial Officer at East West Manufacturing from October 2017 to April 2022, and previously held Chief Financial Officer roles including demand response company Comverge from February 2006 to July 2011. His experience includes capital markets activity, strategic transactions, and leadership across infrastructure- and energy-adjacent businesses.
Picchi holds an MBA in finance from Indiana University.
