VivoPower International PLC (NASDAQ:VVPR, FRA:51J) has announced changes to its executive leadership team as the company continues to focus on powered land and data center infrastructure for AI compute applications.
The company said chief financial officer David Mansfield, chief technology officer Keith Loose, and company secretary Gary Challinor will be departing following the transfer of its digital asset treasury business to Korean partners.
VivoPower thanked the executives for their contributions and wished them success in their future endeavors.
VivoPower said the leadership changes come as part of its strategic focus on powered land and data center infrastructure. The company recently announced the acquisition of 291 megawatts (MW) of powered sites in Finland, secured site and power access for a 25 MW data center platform in the United Arab Emirates, and completed a $30 million PIPE financing.
It also highlighted a proposed acquisition of a 40 MW energized Norway data center, which is expected to add approximately $10 million in pro forma EBITDA.
“The board continues to strengthen the company’s executive leadership and governance framework with experienced and well-credentialed data center and AI infrastructure leaders as VivoPower advances the buildout of its sovereign-powered AI data center platform,” VivoPower said in a statement.