Sharon, Pa.-based Mawson Infrastructure Group Inc. announced recently that Rahul Mewawalla has been appointed the company’s president and CEO.
With operations in American and Australia, Mawson is a digital infrastructure provider focused on promoting the global transition to a new digital economy. The company matches sustainable energy infrastructure with Mobile Data Center solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets.
Mewawalla is a technology and business leader, the company said, having spent time in strategic and operational position, as CEO, president and executive vice president for Fortune 500 and growth companies. The company said Mewawalla has experience with global companies including Yahoo Inc., General Electric Company and Nokia Corporation, and has served on the board of directors for several NASDAQ-listed public companies.
“I am delighted to join the Mawson leadership team at such an exciting time in the company’s history,” Mewawalla said. “We have an incredibly talented and innovative team at the Company, and I am looking forward to helping drive our new chapter of growth ahead.”
Mewawalla currently serves as a non-employee director at the company.
Mawson founder James Manning, the current CEO, will step down to support the company’s strategic decision to focus on its existing U.S. operations and pipeline of expansion and growth opportunities, Manning will continue to serve as a non-executive member of the company’s board of directors.
“On behalf of the Board, I would like to acknowledge and thank James for his vision and foresight in founding Mawson and for his leadership, passion and commitment in guiding the business through its formative years,” Greg Martin, Chairman of the Board. “The Board is both pleased and excited about the appointment of Rahul as the Company’s new CEO and President. This is an important development in Mawson’s journey and the Board looks forward to working with Rahul and to the leadership and direction he will provide in the next phase of Mawson’s growth and development.”
Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure provider, with multiple operations throughout the USA and Australia. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches sustainable energy infrastructure with next-generation Mobile Data Center (MDC) solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and an aligned board and management, Mawson Infrastructure Group is emerging as a global leader in ESG focused Bitcoin mining and digital infrastructure.