13 Jun 2023
Iceotope has announced the appointment of Simon Jesenko, as Chief Financial Officer. Recognized for his track record in successfully scaling fast-growing international SMEs, Jesenko joins the company from predictive maintenance specialists Senseye, where he oversaw the company’s acquisition and successful integration into Siemens, Europe’s biggest industrial manufacturing company.
While at Senseye, Simon Jesenko fundamentally transformed the organization’s finance function, focusing on SaaS-specific financial reporting and forecasting, changing pricing strategies to align with customer needs and market maturity, as well setting up the structure required for rapid international expansion and leading various funding activities (equity and debt) on the way towards an eventual exit.
David Craig, CEO of Iceotope, commented: “Simon is an accomplished CFO with an impressive track record of preparing the ground for corporate growth. His appointment is most welcome. He joins us at a time when the market is turning to liquid cooling to solve a wide range of challenges. These challenges include increasing processor output and efficiency, delivering greater data center space optimization and reducing the energy inefficiencies associated with air-cooling to achieve greater data center sustainability. Simon is a dynamic and well-respected CFO, with a clear understanding of how to optimize corporate structures and empower improved financial performance company-wide through the democratization of fiscal data.”
Simon Jesenko said: “We find ourselves at a pivotal moment in the market, where the pull towards liquid cooling solutions is accelerating as a result of two key factors: a) sustainability initiatives and regulation imposed by governments and b) increase in computing power to accommodate processing-intensive applications, such as AI and advanced analytics. Iceotope’s precision liquid cooling technology is at the forefront of existing liquid cooling technologies and therefore places the company in a unique position to seize this huge opportunity. My focus is going to be on delivering growth and financial performance that will increase shareholder value in the years to come as well as building a robust business structure to support this exponential growth along the way.”
Iceotope would like to thank Georgina Worden, at Upscale Partners for sourcing both Simon Jesenko and Nathan Blom, Iceotope’s new Chief Commercial Officer.