Iceotope, a leading firm in precision liquid cooling technology based in Sheffield, has announced the retirement of CEO David Craig. During his tenure, Craig helped build a company with a vision to provide practical liquid cooling solutions to meet emerging challenges such as artificial intelligence, distributed telco edge, high power dense computing and sustainable data centre operations. Craig will continue to advise the company and offer assistance during the transition period. The company will be led jointly by Chief Commercial Officer Nathan Blom and Chief Financial Officer Simon Jesenko until the appointment of Craig’s successor.
Iceotope’s technology has attracted international investors that include ABC Impact, British Patient Capital, Northern Gritstone, nVent and SDCL. The cooling solution claims to remove nearly 100% of heat generated, reduce energy use by up to 40% and water consumption by up to 100%.
Blom, who has previously held leadership positions in Fortune 500 companies such as Lenovo and HP, will lead the revenue and strategy side while Jesenko, a DeepTech finance executive, will focus on supporting private equity and venture capital-backed companies as they achieve hypergrowth.
Craig shared his appreciation for his time at Iceotope, emphasizing that he was proud of the team, company and product. He will now focus his attention on other passions in his life, particularly his charitable work in the UK and Africa.
George Shaw, Iceotope’s chairman thanked Craig for his dedication and enthusiastic contribution to the company, technology and team. He expressed his confidence that Craig will remain a tremendous brand ambassador for the precision liquid cooling sector in the years ahead.
