Company

Company Description.

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Northern Data Group (ETR: NB2) is a provider of energy-efficient High Performance Computing (HPC) infrastructure to businesses and research institutions, utilising GPU- and ASIC-based solutions. Our flexible compute power fuels innovation in our three core business divisions: Taiga Cloud, Ardent Data Centers, and Peak Mining. Through our HPC infrastructure, we pioneer ambitious computing innovation that drives progress in the AI, ML and Generative AI industries. Our close collaboration with industry-leading manufacturers including Gigabyte, AMD, and NVIDIA is fundamental to the acceleration of innovation across sectors including life sciences, financial services and energy. 

 

Learn more about us and our business areas.

Group Leadership

Aroosh has served as chief executive officer for Northern Data since 2020. Previously, he founded and led a number of companies. In 2013 he became deeply interested in the High Performance Computing area and founded the Whinstone Group in 2014. Aroosh is an entrepreneur with passion, he is distinguished through his keen sense for upcoming market developments and demands and his early anticipation of customer needs.

Rosanne is a highly experienced commercial business professional with extensive experience of global, international and emerging markets, having managed client portfolios across technology, data & analytics, insurance and wealth sectors. She has an extensive track record in delivering solution-centred strategic and operational business enablement. This has included developing and executing end to end organisation wide transformation projects, restructuring and organisational design, market growth programs, managing complex change and product innovation. In addition Rosanne has significant experience and specialties in the area of commercial operations, business performance, change and performance improvement, private equity, scale up and M&A. Rosanne has a degree in Commerce and a Master’s in Organizational Effectiveness from the University of Johannesburg.

Rudolf is a trusted legal professional with more than two decades of experience in private legal practice. Specializing in financing and capital markets, he has a proven track record of navigating the intersection between law and business, having joined us from King & Wood Mallesons, where he was a Partner in its Frankfurt office and a Managing Director for its German operation since 2017. Alongside his role at Northern Data Group, Rudolf has a strong passion for teaching law, having lectured at the Institute of Law and Finance at Goethe-Universität Frankfurt for over a decade. Rudolf has been practising law in Germany for more than twenty-five years, having studied law at Albert-Ludwigs-Universität Freiburg, Universität Regensburg and the University of Virginia School of Law.

Elliot Jordan, Group Chief Financial Officer, adds significant financial and capital markets expertise to the Executive Committee. With over 20 years of experience in finance, Elliot’s track record includes leadership roles during periods of rapid expansion for renowned companies.

Previously serving as CFO at Farfetch, Elliot successfully led the company’s successful IPO on the NYSE in 2018 and held Finance Director positions at ASOS plc and J Sainsbury’s plc, contributing to their growth stories. He has been a non-executive Board Member and Chair of the Audit and Risk Committee at HM Land Registry since August 2019.

A graduate of the University of Waikato in New Zealand and a qualified chartered accountant with the New Zealand Institute of Chartered Accountants, Elliot’s financial acumen will drive Northern Data Group’s financial strategy and support its growth ambitions as it continues to innovate within the High-Performance Computing market.

Divisional Leadership

Boasting years of leadership in creating cloud-based enterprise solutions, Karl brings a breadth of experience and knowledge to Northern Data’s Cloud Solutions Division. Before joining Northern Data in March 2023, he worked for Amazon Web Services as Head of the EMEA Go-to-market for the AWS & Accenture Business Group, overseeing jointly-created cloud and industry solutions to address customers’ biggest transformation and growth challenges. Before that, he led GFT Group’s award-winning Google Cloud Alliance. Karl started his first job in “the real world” as Commercial Engineer at GEC after serving 10 years as an Electronic & Communications Engineer in the British Army.

Corey is drawing on over 25 years of experience in data colocation, cloud services, and cryptocurrency mining. Before Northern Data he served as Head of Data Center Operations and Chief Operating Officer for North America at Bitdeer. Prior to this, he was Senior Vice President at INAP, a provider of IT infrastructure, data center, network, and cloud solutions. Additionally, he ran Data Center Operation, Engineering & Construction at Latisys / Zayo Group.

Niek is a multi-specialist leader within start-ups and scale-ups in the technology sector, with expertise in corporate finance, corporate development, business development, strategy, growth, operations and product ownership. Before joining Northern Data in January 2022, he was Vice President of Operations & Business Development at Bitfield, a bitcoin mining company which was acquired by Northern Data in September 2021. Prior to this, he was Country Manager DACH at Gain.pro, a private equity deal-sourcing platform. Niek holds a Master in Econometrics and Management Science, Specialization: Quantitative Finance from Erasmus University Rotterdam and started his career as off-cycle analyst at Deutsche Bank.

Northern Data Supervisory Board

Dr Tom Oliver Schorling was for many years a Partner at international law firms such as White & Case and Weil, Gotshal & Manges, where he conceived, structured and implemented numerous deals in the billion-euro bracket. Dr Schorling is one of Germany’s most renowned attorneys and a member of several supervisory boards. In addition, he currently holds senior advisory and investment roles in various tech companies.

Bertram Pachaly has been managing director of a management consulting company and a software company for many years, focusing on the development of new capabilities of global information technology and life sciences companies. In his previous positions as manager at Accenture and as Lab Director at Icon Medialab, he combined technology and business administration in international projects as a graduate physicist and MBA. Recurring topics were cloud computing, IT security and value-based sales as well as the implementation of effective organizational structures, target-oriented key figures and virtual learning platforms.

Dr Bernd Hartmann is a Managing Director at RoskosMeier, the largest Allianz insurance agency in Berlin. As an independent broker, he develops economic insurance solutions to meet the complex requirements of his predominantly large industrial clients. His main areas of interest include, among others, financial loss liability insurance and the installation of retirement pension insurance and reinsurance. With a doctorate in mineralogy, he holds particular expertise in the renewable energy field with a focus on photovoltaics as well as electrical and thermal energy storage systems. Dr Hartmann also plays a committed role in the Allianz Children’s Aid Fund, the Allianz Cultural Foundation, the Hans and Charlotte Krull Foundation Board of Trustees and the management boards of Frankfurt Intern e.V. and Marketingclub Berlin.

Corporate Governance

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The German Corporate Governance Code (Deutscher Corporate Governance Kodex ) defines essential statutory regulations for the management and supervision of German listed companies and contains, in the form of recommendations and suggestions, internationally and nationally acknowledged standards for good and responsible corporate governance.

Through the Declaration of Conformity pursuant to § 161 Aktiengesetz (Stock Corporation Act), the Code has a legal basis. Accordingly, the recommendations and suggestions are not mandatory. However, deviations from the recommendations – not the suggestions – must be explained and disclosed with the annual declaration of conformity (Comply or Explain). The recommendations and suggestions of the code become valid with the publication in the official section of the Federal Gazette. Besides giving recommendations and suggestions that reflect the best practice of corporate governance, the Code aims at enhancing the German corporate governance system’s transparency and comprehensibility. This shall strengthen the confidence of international and national investors, clients, employees and the general public in the management, on the one hand, and improve the supervision of German listed companies on the other hand. A responsible and best practice based corporate governance is of great importance to Northern Data AG. The management and the supervisory boards are currently examining the issuance of such a declaration of conformity.

Together. Sustainable. Successful.

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As a global value generator of HPC infrastructure solutions, Northern Data is convinced: the future of IT is sustainable.

Ecological and social sustainability are therefore not just goals but determine our decisions and our behavior in a very concrete way. Our new class of data centers serve as a key example: From the very beginning our data centers have been designed with regard to sustainability and have remained part of the success story to this day.

Our density and speed defines the innovation culture at Northern Data. The will to develop and learn sustainably is inherent and encouraged. The same applies to the diversity of our workforce, which we always promote. Any form of discrimination has no place at Northern Data and any indication of this is taken very seriously. We are proud of our international team and know that only different perspectives achieve the highest quality.

The company report will show you which ESG steps have already been taken by Northern Data and which the company has set itself for fulfillment. Nevertheless, it is especially true for us as a young company: We want to and can always become better. We give everything to achieve this. Day after day and together with everyone.

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