Liquid cooling firm Iceotope has named Jonathan Ballon as the company’s new CEO.

Announced this week, Ballon was most recently the president and CEO of SkyHive, a GenAI company that was acquired by Cornerstone in 2024.

Jonathan Ballon iceotope
Jonathan Ballon takes the helm at Iceotope – Iceotope

He has previously held roles at Intel (focused on AI and Edge computing), GE, Cisco, and others. He holds non-executive chairman roles at chip firms Axelera AI and Aspinity.

“Iceotope is solving one of the most imminent AI challenges – extreme cooling efficiency for increasingly dense and power-hungry computing infrastructure,” said Ballon. “The industry is actively seeking scalable, practical solutions, and Iceotope’s technology, refined over the last decade, is ready to meet that demand. The data center market is shifting toward liquid cooling. The time for Iceotope is now."

Iceotope was founded in 2005 and specializes in HPC computing, cooling, and modular data center infrastructure technologies. The company’s former CEO, David Craig, announced he was retiring in July. Craig had spent nine years at the helm of Iceotope, previously serving as COO of McLaren Software and the founder of wind turbine developer Green Power partnership.

Nathan Blom, chief commercial officer, and Simon Jesenko, chief financial officer, were jointly appointed interim CEOs in September until a permanent replacement was announced.

This week also saw Alain Andreoli appointed non-executive chairman. Andreoli was previously president and EVP of the Hybrid IT Group at HPE. Before that, he ran large businesses at Sun Microsystems, NTT, and Texas Instruments.

“The future of AI computing hinges on our ability to efficiently remove heat from increasingly powerful processors. The liquid cooling for AI solutions invented by Iceotope are not only solving the scaling challenges of AI infrastructure but are also tackling critical issues related to energy efficiency and sustainability”, said Alain Andreoli. “Across my decades of experience, I’ve witnessed numerous technological inflection points that have reshaped industries. Today, liquid cooling stands at one such point, and Iceotope has the best technology to become the leader in this market.”