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Mawson Infrastructure Group Inc. Appoints William C. Regan as Chief Financial Officer

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Mawson Infrastructure Group (NASDAQ: MIGI) has appointed William C. Regan as Chief Financial Officer effective January 17, 2025. Regan, who joined as Deputy CFO in 2024, brings 40 years of finance and accounting experience, including 25 years at public companies and 10 years at technology companies.

The company, focused on digital infrastructure platforms for AI, HPC, and digital assets markets, has reported significant developments including robust year-on-year revenue growth in digital colocation business, acquisition of enterprise-grade customers, and expansion into AI and high-performance computing markets. Former CFO Sandy Harrison has stepped down to spend more time with family but will continue serving as Senior Advisor.

The company has also strengthened its leadership team with hires from Amazon Web Services and Apple, positioning itself as one of the largest digital colocation businesses among publicly-traded peers.

Mawson Infrastructure Group (NASDAQ: MIGI) ha nominato William C. Regan come Direttore Finanziario con effetto dal 17 gennaio 2025. Regan, che è entrato come Vice Direttore Finanziario nel 2024, porta con sé 40 anni di esperienza in finanza e contabilità, di cui 25 anni in aziende pubbliche e 10 anni in aziende tecnologiche.

L'azienda, focalizzata su piattaforme di infrastruttura digitale per i mercati di AI, HPC e asset digitali, ha riportato sviluppi significativi, inclusa una robusta crescita dei ricavi anno su anno nel settore del collocamento digitale, acquisizione di clienti di livello enterprise ed espansione nei mercati dell'AI e del calcolo ad alte prestazioni. L’ex Direttore Finanziario Sandy Harrison si è dimesso per trascorrere più tempo con la famiglia, ma continuerà a servire come Consulente Senior.

L'azienda ha anche rafforzato il suo team dirigenziale con assunzioni provenienti da Amazon Web Services e Apple, ponendosi come una delle più grandi aziende di collocamento digitale tra i peer quotati in borsa.

Mawson Infrastructure Group (NASDAQ: MIGI) ha nombrado a William C. Regan como Director Financiero, con efecto a partir del 17 de enero de 2025. Regan, quien se unió como Vice Director Financiero en 2024, aporta 40 años de experiencia en finanzas y contabilidad, incluyendo 25 años en empresas públicas y 10 años en empresas tecnológicas.

La empresa, centrada en plataformas de infraestructura digital para los mercados de IA, HPC y activos digitales, ha reportado desarrollos significativos, incluyendo un crecimiento sólido de los ingresos año tras año en el negocio de colocación digital, adquisición de clientes de nivel empresarial y expansión en los mercados de IA y computación de alto rendimiento. La ex Directora Financiera, Sandy Harrison, ha renunciado para pasar más tiempo con su familia, pero continuará sirviendo como Asesora Senior.

La empresa también ha fortalecido su equipo de liderazgo con contrataciones de Amazon Web Services y Apple, posicionándose como una de las mayores empresas de colocación digital entre sus pares que cotizan en bolsa.

마우슨 인프라스트럭처 그룹 (NASDAQ: MIGI)는 윌리엄 C. 리건을 2025년 1월 17일부터 최고 재무 책임자로 임명했습니다. 리건은 2024년 부재무 책임자로 합류했으며, 40년의 금융 및 회계 경험을 보유하고 있으며, 여기에 공공 기업에서의 25년과 기술 기업에서의 10년이 포함됩니다.

인공지능(AI), 고성능 컴퓨팅(HPC) 및 디지털 자산 시장을 위한 디지털 인프라 플랫폼에 집중하는 이 회사는 디지털 콜로케이션 비즈니스에서 연간 매출 성장과 기업 고객의 인수, AI 및 고성능 컴퓨팅 시장으로의 확장을 포함한 중요한 발전을 보고했습니다. 전 CFO인 샌디 해리슨은 가족과 더 많은 시간을 보내기 위해 물러났지만, 계속해서 수석 고문으로 활동할 것입니다.

이 회사는 아마존 웹 서비스와 애플에서 영입한 인사들로 경영진을 강화하며, 상장된 동종 업계 기업들 중에서 가장 큰 디지털 콜로케이션 비즈니스 중 하나로 자리매김하고 있습니다.

Mawson Infrastructure Group (NASDAQ: MIGI) a nommé William C. Regan au poste de Directeur Financier, avec effet à partir du 17 janvier 2025. Regan, qui a rejoint l'entreprise en tant que Directeur Financier adjoint en 2024, apporte 40 ans d'expérience dans les domaines des finances et de la comptabilité, dont 25 ans au sein d'entreprises publiques et 10 ans dans des entreprises technologiques.

L'entreprise, axée sur les plateformes d'infrastructure numérique pour les marchés de l'IA, des HPC et des actifs numériques, a rapporté des développements significatifs, notamment une croissance robuste des revenus d'une année sur l'autre dans son activité de colocation numérique, l'acquisition de clients de niveau entreprise et l'expansion dans les marchés de l'IA et du calcul haute performance. L'ancienne Directrice Financière, Sandy Harrison, a démissionné pour passer plus de temps avec sa famille, mais continuera à servir en tant que Conseillère Senior.

L'entreprise a également renforcé son équipe dirigeante en recrutant des talents d'Amazon Web Services et d'Apple, se positionnant ainsi comme l'un des plus grands acteurs de la colocation numérique parmi ses pairs cotés en bourse.

Mawson Infrastructure Group (NASDAQ: MIGI) hat William C. Regan zum Finanzvorstand ernannt, der am 17. Januar 2025 in Kraft tritt. Regan, der 2024 als stellvertretender CFO begann, bringt 40 Jahre Erfahrung in Finanzen und Buchhaltung mit, davon 25 Jahre in öffentlichen Unternehmen und 10 Jahre in Technologieunternehmen.

Das Unternehmen, das sich auf digitale Infrastrukturplattformen für KI-, HPC- und digitale Vermögensmärkte konzentriert, hat bedeutende Entwicklungen gemeldet, darunter ein robustes jährliches Umsatzwachstum im Bereich digitales Co-Location-Geschäft, die Akquise von Unternehmens-Kunden und die Expansion in die Märkte für KI und Hochleistungsrechnen. Der ehemalige CFO Sandy Harrison hat aus familiären Gründen seinen Rücktritt erklärt, wird jedoch weiterhin als Senior Advisor tätig sein.

Das Unternehmen hat auch sein Führungsteam durch Einstellungen von Amazon Web Services und Apple gestärkt und positioniert sich als eines der größten Unternehmen für digitales Co-Location unter den börsennotierten Wettbewerbern.

Positive
  • Robust year-on-year and monthly revenue growth in digital colocation business
  • Expansion into new markets (AI and high-performance computing)
  • Acquisition of enterprise-grade customers
  • Strategic hiring of executives from major tech companies (AWS, Apple)
Negative
  • CFO transition period may create temporary operational adjustments

MIDLAND, Pa., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced that it has appointed William C. Regan as the Company’s Chief Financial Officer effective January 17, 2025.

Rahul Mewawalla, CEO and President, said, “I am excited to have Bill as our Chief Financial Officer and look forward to his future accomplishments. We have also hired other leaders from companies such as Amazon Web Services and Apple, as we continue to transform the company and provide enterprise-class digital infrastructure platforms and compute solutions. I thank Sandy for his many contributions during his tenure. As a company, we have driven robust year-on-year and monthly revenue growth across our digital colocation business, acquired and signed several enterprise-grade customers, built what has become one of the largest digital colocation businesses amongst our publicly-traded peers, expanded into new market offerings such as AI and high-performance computing, enhanced our strategic, technological and operational capabilities, and were featured in the Financial Times, Reuters, Newsweek, Forbes, Fast Company amongst others for our strategic and innovative approach to digital infrastructure.” 

Mr. Regan joined the Company in 2024 as Deputy Chief Financial Officer. Mr. Regan has 40 years of finance and accounting experience, including 25 years at public companies and 10 years at technology companies. Mr. Regan has previously held multiple CFO and senior finance positions, including at Everything Blockchain, Inc., Rentech, Inc., National Golf Properties, Inc., Digital Insight Corporation and DTS Digital Cinema. Mr. Regan holds a Bachelor’s degree in Business Administration - Accounting from California State Polytechnic University, Pomona and is a Certified Public Accountant (inactive). William “Sandy” Harrison has stepped down from his role as Chief Financial Officer to spend more time with his family, and for a period of time Mr. Harrison will continue to serve the Company as a Senior Advisor.  

About Mawson Infrastructure

Mawson Infrastructure Group (NASDAQ: MIGI) is a technology company that offers digital infrastructure platforms for AI, HPC, and digital assets. The Company's digital infrastructure platforms can be used to operate computing resources for a number of applications, and are offered across digital assets, artificial intelligence (AI), high-performance computing (HPC) and other computing applications. Our innovation, technology, and operational expertise enables us to operate and optimize digital infrastructure to accelerate the digital economy. The Company has a strategy to prioritize the usage of carbon-free energy sources, including nuclear energy, to power its digital infrastructure platforms and computational machines. For more information, please visit: https://www.mawsoninc.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Company cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as "expect," "intend," "plan," "anticipate," "believe," and "will," among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon the Company's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" included in the Company's Annual Report on Form 10-K filed with the SEC on April 1, 2024, Quarterly Reports on Form 10-Q filed with the SEC on May 15, 2024, August 19, 2024, November 14, 2024, the Report on Form 8-K filed with the SEC on December 4, 2024, and in other filings that the Company has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law. For more information, please visit: https://www.mawsoninc.com

Contact:
Anurag Gandhi
IR@mawsoninc.com



This press release was published by a CLEAR® Verified individual.


FAQ

Who is the new CFO of Mawson Infrastructure Group (MIGI) and when does he start?

William C. Regan is the new CFO of Mawson Infrastructure Group, effective January 17, 2025.

What experience does MIGI's new CFO William Regan bring to the position?

William Regan brings 40 years of finance and accounting experience, including 25 years at public companies and 10 years at technology companies, with previous CFO roles at companies like Everything Blockchain and Rentech.

What are the recent business expansions announced by MIGI?

MIGI has expanded into AI and high-performance computing markets, grown its digital colocation business, and acquired several enterprise-grade customers.

Why did MIGI's previous CFO Sandy Harrison step down?

Sandy Harrison stepped down from his CFO role to spend more time with his family, but will continue serving the company as a Senior Advisor.

What recent growth has MIGI reported in its digital colocation business?

MIGI has reported robust year-on-year and monthly revenue growth in its digital colocation business, becoming one of the largest digital colocation businesses among publicly-traded peers.

Mawson Infrastructure Group Inc.

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