Honeywell executive Laura Laltrello has been named the new chief operating officer at Applied Digital Corp., a Dallas-based company that develops, builds, and operates next-generation digital infrastructure for high-performance computing applications.
Applied Digital, which raised $160 million in September from investors including chip giant Nvidia, said Laltrello’s addition is intended to enhance its position as a leader in cutting-edge data centers and digital cloud solutions at the forefront of the AI revolution.
Latrello brings nearly 20 years of executive leadership experience, an ability to execute complex strategies, and deep expertise in data center operations, building technologies, and large-scale infrastructure projects, Applied Digital said.
“We are pleased to welcome Laura as we expand our Applied Digital leadership team with a focus on dedicated skills and expertise to complement our existing strengths and drive innovation across all areas of our business,” chairman and CEO Wes Cummins said in a statement.
Laltrello will work closely with Applied Digital’s leadership team to execute the company’s strategic vision and oversee all aspects of its day-to-day operations, the company said.
Aiming to ‘revolutionize accelerated computing’
Most recently, Laltrello was vice president and general manager of Building Automation Services at Honeywell International Inc., a Fortune 500 company. Her career spans a range of senior positions where she has led teams to deliver transformative projects and services for global technology leaders, Applied Digital said.
“I am excited to join Applied Digital and collaborate with the team to realize the company’s vision to revolutionize accelerated computing,” Laltrello said in a statement. “I look forward to leveraging my experience to help Applied Digital scale operations, optimize performance, and deliver sustained growth for the future.”
In connection with her appointment as COO, the company said it granted Laltrello an “employment inducement award” consisting of 600,000 time-based restricted stock units, with an effective grant date of Jan. 6. It said the RSUs will vest over a three-year period, subject to Laltrello’s continuous employment on each applicable vesting date.
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