Iceotope has introduced the retirement of David Craig from the place of CEO efficient from thirtieth September 2024. The corporate shall be led collectively by Chief Business Officer (CCO) Nathan Blom and Chief Monetary Officer (CFO), Simon Jesenko till the appointment of David’s successor. David will proceed to advise the corporate and supply help through the transition interval.
Nathan has a management background driving income and technique in Fortune 500 corporations, together with Lenovo and HP. Simon is a deeptech finance govt with expertise supporting personal fairness and enterprise capital-backed corporations as they obtain hypergrowth.
David joined Iceotope in June 2015 and through his 9 years on the helm, David has efficiently guided the corporate by a transformative interval throughout which Iceotope has grow to be globally acknowledged because the chief in Precision Liquid Cooling. His achievements embody constructing a powerful crew with a transparent imaginative and prescient to engineer sensible liquid cooling options to fulfill rising challenges, corresponding to AI, distributed telco edge, excessive energy dense computing, and sustainable information middle operations.
The corporate’s cooling expertise is vital in assembly at this time’s international information middle sustainability challenges. Its expertise removes almost 100% of the warmth generated, reduces vitality use by as much as 40% and water consumption by as much as 100%. The power of its expertise has attracted a global consortium of traders that embody ABC Influence, British Affected person Capital, Northern Gritstone, nVent and SDCL
David commented: “The previous 9 years have been an incredible experience – we’ve got constructed a improbable crew, developed an important IP portfolio and created the one liquid cooling answer that addresses the thermal and sustainability challenges going through the info middle trade at this time and tomorrow.
I’ve loved each second and don’t have anything however satisfaction within the crew, firm and product. Nonetheless, it looks like now could be an applicable time for me to step apart, get pleasure from retirement, and deal with different passions in my life, notably my charitable work within the UK and Africa. I sit up for seeing the longer term success of Iceotope and may’t wait to see what comes subsequent.”
Iceotope Chairman, George Shaw, states: “On behalf of everybody at Iceotope, we thank David for his dedication and countless enthusiasm for the corporate, the expertise and the individuals who make all of it attainable. We all know he shall be an incredible model ambassador for Precision Liquid Cooling within the years to come back. We want him all one of the best in his well-deserved retirement.”
