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Simon Jesenko appointed as CFO for Iceotope Technologies
Wed, 14th Jun 2023

Iceotope Technologies Limited, the world-renowned pioneer in precision liquid-cooling technology, recently announced the strategic appointment of Simon Jesenko to the role of Chief Financial Officer. Jesenko is revered for his expertise in successfully scaling fast-growing international SMEs, his most recent position being at predictive maintenance specialists, Senseye. His successful stewardship led to the acquisition and seamless integration of Senseye into Siemens, the largest industrial manufacturing company in Europe.

David Craig, CEO of Iceotope Technologies, warmly welcomed the new addition stating, "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 increased processor output and efficiency, greater data centre space optimisation, and the reduction of energy inefficiencies associated with air-cooling to achieve improved data centre sustainability.

During his tenure at Senseye, Jesenko revolutionised the company's finance function by focusing on SaaS-specific financial reporting and forecasting. His initiatives included changing pricing strategies to better align with customer needs and market maturity, setting up the required infrastructure for fast international expansion, and leading various funding activities.

Simon Jesenko recognises the opportunity in the current market, citing sustainability regulations from governments and the increasing need for computing power due to the rise of processing-intensive applications like AI and advanced analytics as key drivers for the adoption of liquid cooling solutions. He comments, "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."

Jesenko’s primary goal is to foster growth and financial performance to increase shareholder value in the coming years. He adds, "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."