IREN Names CPO and CDO to Expand 5GW AI Data Centers, Joins Nasdaq-100
IREN•IREN appointed Kambiz Aghili as Chief Product Officer to lead its AI Cloud product strategy, including bare metal GPU services, and Michael Nudelman as Chief Development Officer to drive its global 5GW grid-connected data center expansions. Inclusion in Nasdaq-100 and Russell 1000 indexes has broadened institutional ownership ahead of fully contracted AI capacity and ongoing 2027 deployment negotiations supported by Mirantis’s 650 engineers and 1,500 enterprise relationships.
1. Executive Appointments
IREN appointed Kambiz Aghili as Chief Product Officer to oversee its AI Cloud product roadmap, including bare metal GPU offerings, managed services and enterprise support. Michael Nudelman joins as Chief Development Officer to lead global data center development, advancing site planning, permitting and expansion of its 5GW secured grid-connected power portfolio across key markets.
2. Index Inclusion and Ownership
Membership in the Nasdaq-100 and Russell 1000 indexes broadens IREN’s institutional investor base by driving passive inflows and raising visibility among large asset managers. This strategic shift from fundraising to execution aligns with management’s focus on revenue realization and capacity deployment as market fundamentals evolve.
3. Capacity Contracts and Platform Strengthening
IREN reports its entire operational AI training capacity is fully contracted, with negotiations underway for 2027 deployments that will further scale its infrastructure. The addition of Mirantis’s 650 engineers and over 1,500 enterprise relationships bolsters IREN’s vertically integrated platform, combining data center infrastructure, compute resources and software services.
