Professor David Card will be the Lead Independent Director (Class II) and Chair of the Nominating and Corporate Governance Committee. He is the Class of 1950 Professor Emeritus of Economics at the University of California, Berkeley, and Director of Berkeley’s Center for Labor Economics and Econometric Lab. A leading labor economist, Professor Card was awarded the 2021 Nobel Memorial Prize in Economic Sciences for his empirical contributions to labor economics. His work has reshaped the use of natural experiments and evidence-based analysis in economics, with influential research on wages, immigration, education, inequality, and labor markets.
Jaeyoung Shin will be Director (Class I) and Chair of the Audit Committee. He is Vice President and Head of Asia at Samsung Ventures, where he oversees investment activities across Greater China, Japan, India, and Southeast Asia. Since joining Samsung Ventures in 2010, Mr. Shin has led and supported investments across semiconductors, AI chips, image sensors, display technologies, and other advanced technology sectors, with notable IPO and M&A exits including Montage Technology (memory buffer), VeriSilicon (design service, IP), Silergy (PMIC), Amlogic (TV SoC, AI compute), GalaxyCore (image sensor), SmartSens (image sensor), Deep Glint (AI), DeePhi (FPGA), and PlayNitride (m-LED). Prior to Samsung Ventures, Mr. Shin worked as a fuel cell researcher at the Samsung Advanced Institute of Technology in Korea and as an R&D staff member at the Fuel Cell Lab of Forschungszentrum Jülich in Germany.
Professor Shachar Kariv will be Director (Class I) and Chair of the Compensation Committee. He is the Benjamin N. Ward Professor of Economics at the University of California, Berkeley. His research focuses on decision theory, behavioral economics, game theory, and experimental economics. Professor Kariv previously served as Chair of Berkeley’s Department of Economics and as Faculty Director of Berkeley’s Experimental Social Science Laboratory, where he helped advance experimental methods for studying economic decision-making and social behavior.
Wenying Jia has served as a member of the board of directors of Exascale since inception. She will be chairperson and a member of the PubCo Board (Class II). Ms. Jia is an angel investor with experience in digital assets, cloud computing, and emerging technology infrastructure, and has been involved in the digital asset sector since 2014. In 2017, Ms. Jia expanded her activities to include GPU-based mining operations as Ethereum’s proof-of-work network gained adoption, recognizing the potential of smart contract functionality alongside bitcoin’s role as a store of value. From 2017 through 2022, Ms. Jia invested in and supported multiple GPU- and data-storage-related infrastructure projects. During this period, she developed relationships with several individuals who later became core members of Exascale. Ms. Jia played a significant role in facilitating the formal establishment of Exascale in 2022 and was among Exascale’s earliest investors.
Hoansoo Lee is the co-founder of Exascale and has served as Exascale’s Chief Executive Officer since June 2022, Exascale’s Chief Financial Officer since October 2025, and a member of the board of directors of Exascale since June, 2022. Dr. Lee will serve as the Chief Executive Officer and Interim Chief Financial Officer of PubCo, and a member of the PubCo Board (Class III), in each case, upon consummation of the Business Combination. Previously, from June 2020 to December 2025, Dr. Lee was the founder and Chief Executive Officer of HSL Capital Management LLC, a multi-strategy hedge fund. From June 2002 to May 2020, he served in roles of increasing responsibilities, including as a Staff Economist, for the Council of Economic Advisers, Executive Office of the President in the Obama Administration; Assistant Professor of Finance in the School of Economics and Management at Tsinghua University; Portfolio Manager and Head of Quantitative Equities, for China Merchants Bank International Asset Management; Managing Director for TusPark Ventures, a subsidiary of Tsinghua Holdings, the endowment fund of Tsinghua University, where he lead cross-border early-stage technology investments and University spin-outs. Dr. Lee earned a B.A. in Mathematics (Valedictorian and Highest Honors), and Economics (Highest Honors) from the University of California at Berkeley; an A.M. and Ph.D. in Business Economics from Harvard University.