IREN

IREN Appoints Chief Information Security Officer

IREN expands leadership with new CISO as AI Cloud security focus grows

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    <h3>Information</h3>
    <p>&lt;link type=&quot;text/css&quot; rel=&quot;stylesheet&quot; href=&quot;https://www.globenewswire.com/styles/gnw_nitf.css&quot;&gt;&lt;/li...</p>
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    <h3>AI Summary</h3>
    <p>IREN announced the appointment of Eric Hammersley as Chief Information Security Officer, reinforcing governance as it scales its AI Cloud platform. The company also added a Chief Product Officer and Chief Development Officer to accelerate expansion into new markets and services. The move signals a focus on security and execution, which could support customer trust and longer-term demand.</p>
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    <h3>Key Points</h3>
    <ul><li>IREN names Eric Hammersley as Chief Information Security Officer. He will oversee security across data centers, compute and software.</li><li>Hammersley brings 20+ years securing cloud platforms; formerly Nutanix VP Eng and CPSO.</li><li>Kambiz Aghili named Chief Product Officer.</li><li>Michael Nudelman named Chief Development Officer.</li><li>IREN plans to expand its AI Cloud across new markets and services.</li></ul>
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    <h3>Companies Mentioned</h3>
    <ul><li><strong>IREN Limited (IREN)</strong>: Announces leadership appointments; signals governance and execution focus for AI Cloud expansion.</li><li><strong>Nutanix, Inc. (NTNX)</strong>: Former employer of Hammersley; highlights credibility in security governance and cloud platforms.</li><li><strong>NVIDIA Corporation (NVDA)</strong>: Hammersley previously led security architecture for HPC at NVIDIA; context for security standards in AI compute.</li></ul>
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    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The press release centers on leadership changes and strategic talent expansion, implying a governance and execution upgrade rather than an immediate financial catalyst.</p>
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    <h3>Market-Moving</h3>
    <ul><li>Improved security leadership may lift enterprise demand for IREN&#039;s AI Cloud services.</li><li>No revenue milestones disclosed; stock reaction may be modest.</li><li>Leadership slate expansion underscores execution risk; investors will monitor onboarding success.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date: July 15, 2026.</li><li>Eric Hammersley appointed Chief Information Security Officer.</li><li>Hammersley: 20+ years securing cloud platforms; former Nutanix VP Eng and CPSO.</li><li>Kambiz Aghili appointed Chief Product Officer; Michael Nudelman appointed Chief Development Officer.</li><li>IREN is a vertically integrated AI Cloud provider with grid-connected land in renewable-rich regions across NA, Europe and APAC.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Cautiously bullish over 1–3 quarters as governance improves and expansion emphasis persists.</p>
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  <h2>IREN appoints Chief Information Security Officer to strengthen AI Cloud security</h2>

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    <p>NEW YORK, July  15, 2026  (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced the appointment of Eric Hammersley as Chief Information Security Officer.</p>
    <p>The appointment follows the recent additions of Kambiz Aghili as Chief Product Officer and Michael Nudelman as Chief Development Officer, as IREN continues to strengthen its senior leadership team and expand its AI Cloud platform across new markets and services.</p>
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  <section>
    <h3>Key Facts at a Glance</h3>
    <ul>
      <li><strong>Executive appointment:</strong> Eric Hammersley named <em>Chief Information Security Officer</em></li>
      <li><strong>Company:</strong> IREN Limited (<strong>IREN</strong>)</li>
      <li><strong>Date announced:</strong> July  15, 2026</li>
      <li><strong>Platform scope:</strong> security program across all three layers of the platform: <em>data centers, compute and software</em></li>
      <li><strong>Leadership team expansion:</strong> Kambiz Aghili as Chief Product Officer; Michael Nudelman as Chief Development Officer</li>
      <li><strong>Strategic focus:</strong> expand the <strong>AI Cloud platform</strong> across new markets and services</li>
    </ul>
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    <h3>Role and Responsibilities of the New CISO</h3>
    <p>As Chief Information Security Officer, Mr. Hammersley will lead IREN’s security program across <strong>all three layers</strong> of its platform: data centers, compute and software.</p>
    <p>Mr. Hammersley brings more than <strong>two decades</strong> of experience securing cloud platforms and critical infrastructure. He joins from Nutanix, where he served as Vice President, Engineering and Chief Product Security Officer, responsible for security governance, compliance and operational assurance across the company’s software and SaaS products.</p>
    <p>His earlier roles include leading software product security architecture for NVIDIA’s high-performance computing environments, and senior engineering positions across the U.S. federal government and defense sector, including as Chief Engineer supporting the Joint Chiefs of Staff (J6). He is a U.S. Navy veteran.</p>
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  <section>
    <p><strong>Daniel Roberts, Co-Founder and Co-CEO of IREN, said:</strong></p>
    <p>"Security is core to how we design, build and operate our platform. As we deliver AI Cloud services to some of the most demanding customers in the world, Eric’s experience securing cloud platforms at scale will be invaluable."</p>
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  <section>
    <h3>About IREN</h3>
    <p>IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and compute for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.</p>
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    <h3>Contacts</h3>
    <p><strong>Investors</strong><br/>ir@iren.com</p>
    <p><strong>Media</strong><br/>media@iren.com</p>
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    <h3>Forward-Looking Statements</h3>
    <p>This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or IREN’s future financial or operating performance. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, revenue targets, expectations relating to capital expenditures, anticipated hardware deliveries, and trends we expect to affect our business. These statements often include words such as "anticipate," "believe," "may," "can," "should," "could," "might," "plan," "possible," "project," "strive," "budget," "forecast," "expect," "intend," "target", "will," "estimate," "predict," "potential," "continue," "scheduled". Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team in connection with this news release.</p>
    <p>These forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve and are subject to known and unknown risks, uncertainties and other important factors that may cause IREN’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements, including IREN’s ability to successfully execute on its growth strategies and operating plans, achieve its targeted annualized run-rate revenue and operating capacity, continue to develop its existing data center sites, design and deploy direct-to-chip liquid cooling systems, and diversify and expand into the market for high performance computing solutions (including the market for cloud services and potential colocation services), along with other important factors discussed under the caption "Risk Factors" in IREN’s Annual Report on Form 10-K, filed with Securities and Exchange Commission (the "SEC") on August 28, 2025 and our other filings with the SEC. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement included in this press release speaks only as of the date of such statement. Except as required by law, IREN disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.</p>
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IREN announced the appointment of Eric Hammersley as Chief Information Security Officer, reinforcing governance as it scales its AI Cloud platform. The company also added a Chief Product Officer and Chief Development Officer to accelerate expansion into new markets and services. The move signals a focus on security and execution, which could support customer trust and longer-term demand.

IREN Appoints Chief Information Security Officer

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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