APPLIED DIGITAL CORP (APLD) saw its stock price surge by 11.47% in intraday trading on Monday, following the company's announcement that it has appointed Laura Laltrello as its new Chief Operating Officer (COO).
Laltrello brings nearly 20 years of executive leadership experience and deep expertise in data center operations, building technologies, and large-scale infrastructure projects. Her appointment is expected to enhance APLD's position as a leader in next-generation data centers and digital cloud solutions at the forefront of the AI revolution.
As COO, Laltrello will work closely with APLD's leadership team to drive the execution of the company's strategic vision and oversee all aspects of day-to-day operations. Her proven track record in strategic execution and profit management is seen as instrumental in accelerating APLD's growth as a pioneer in the AI computing space.
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