Wednesday 29 May 2013

PETER HOPTON ANNOUNCED AS NEW ICEOTOPE CEO

Original Iceotope founder to steer company reins through new investment and further product development


Iceotope, the creator of next-generation liquid cooling, today announced that Peter Hopton, the company’s original founder, is to assume the position of CEO starting immediately. Having been operating as Iceotope’s chief technical officer since 2011, Hopton has been instrumental in Iceotope’s commercial and product development, building on the company’s customer base and increasing its profile within the technology industry. It is with these achievements in mind that the Iceotope investors have decided to promote Hopton to CEO. In this capacity he will continue to guide the company through investment and product development, as well as expand upon its rapidly growing commercial opportunities.

As part of this senior management change, Neil Bennett will step into the role of Executive Chairman. Bennett will continue to be involved in the business at a boardroom capacity but will hand over control of the day-to-day running of the business. On Hopton’s appointment, Bennett said “Peter has shown leadership at every level and has the ability to guide this company from both a technical and commercial standpoint. He is the focal point of the technology as well as the board room and is doing a great job. We recognise that he’s been working tirelessly to develop a successful product and business and it is entirely on merit that he takes up this new role.”

Hopton commented on the new position, “I’d like to thank Neil for his commitment to the cause during his spell as CEO and also the investors for putting their full weight behind me. It seems like the IT industry is starting to come around to the idea of liquid cooling and many influential forces within have now recognised the game-changing potential of Iceotope’s technology. We’re growing rapidly as a business but it’s becoming clearer than ever that liquid cooling and Iceotope both have a bright future ahead. I have faith that I can guide the company to its next stage of development and it is a great privilege to be given the opportunity to do so.”

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