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Applied Digital Appoints New Chief Revenue Officer to Drive Next Phase of Growth
Expanding Leadership to Accelerate Revenue Growth and Strategic Partnerships DALLAS, July 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq:
About this update from Applied Digital Corporation
[{"type":"text","content":"Expanding Leadership to Accelerate Revenue Growth and Strategic Partnerships\nDALLAS, July 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced the appointment of Tom Burke as its Chief Revenue Officer (CRO). With over a decade of experience in leading global sales and AI partnership strategies, we believe Mr. Burke is poised to drive Applied Digital’s revenue growth and strategic partnerships forward. In his new role, Burke will be responsible for overseeing revenue-generating functions for the Company’s business, such as sales and customer success, and developing and executing global sales strategies. Burke will coordinate cross-functional alignment across sales, marketing, and growth offices to support revenue growth and client acquisition. He will also establish a client success organization for existing and new clients. Working closely with the Company’s CFO, he will be responsible for revenue projections and investment planning, leveraging his extensive experience in global sales strategies and AI initiatives to support Applied Digital's growth objectives. His extensive background in developing and executing global sales strategies and managing high-profile AI partnerships is anticipated to be instrumental in driving Applied Digital’s growth and expanding its market presence. Burke’s distinguished career includes serving as Vice President & Head of Global Sales for IBM Data & AI, a large-scale software division within IBM, where he led IBM’s AI partnership strategy globally. Joining IBM in 2010, Burke held numerous leadership roles, including Chief of Staff for IBM Data & AI, Americas OEM Sales Leader, and Data and AI Regional Sales Leader for the U.S. West. At IBM, Burke established go-to-market partnerships with leading growth-stage software companies in Data and AI. “We are thrilled to welcome Tom to our leadership team,” said Wes Cummins, CEO of Applied Digital. “We believe Tom’s deep expertise in AI partnerships and his proven ability to drive substantial revenue growth in the enterprise segment make him a perfect fit for our Company. His strategic vision and innovative approach will be instrumental as we continu...