Applied Digital Corporation announced the appointment of Laura Laltrello as its new Chief Operating Officer (COO), effective January 6, 2025. This strategic hire is intended to bolster the company's leadership team and enhance its position in next-generation data centers and digital cloud solutions.
Ms. Laltrello brings nearly 20 years of executive leadership experience, with a proven ability to execute complex strategies and deep expertise in data center operations, building technologies, and large-scale infrastructure projects. She previously served as Vice President and General Manager of Building Automation Services with Honeywell International Inc.
In connection with her appointment, Ms. Laltrello was granted an employment inducement award consisting of 600,000 time-based restricted stock units (RSUs), vesting over a three-year period. Her role will involve working closely with the leadership team to drive the execution of the company's strategic vision and oversee day-to-day operations, aiming to accelerate growth as an AI Factory pioneer.
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