CEO Aroosh Thillainathan Steps Down from Northern Data AG Management Board

Northern Data AG (ETR:NB2), a leading provider of AI and High-Performance Computing (HPC) solutions, announced today that Aroosh Thillainathan, Co-Chief Executive Officer, has stepped down from the Management Board. The departure, effective June 17, 2026, was by mutual consent, with Thillainathan signing an agreement for the termination of his executive service agreement.

Thillainathan’s exit comes as the Company positions itself for what it describes as its “next exciting chapter.” Dr. Tom Oliver Schorling, Chairman of the Supervisory Board, expressed gratitude for Thillainathan’s contributions, stating, “We thank Aroosh Thillainathan for his many years of service with the Company and invaluable support in shaping Northern Data Group. Without him, the Company would not have been in a position to embark on this next exciting chapter.”

Northern Data Group is recognized for its full-stack AI and HPC solutions, utilizing a network of high-density, liquid-cooled, GPU-based technology. The Company operates Taiga Cloud, one of the largest GPU clusters in Europe, and its Ardent Data Centers business, which has approximately 250MW of power deployed or coming online across ten global data centers by 2027. Northern Data’s access to cutting-edge chips and hardware, combined with its team of technologists and engineers, enables rapid and flexible deployment for customers.

The leadership change may signal strategic shifts as the Company continues to expand its data center footprint and HPC capabilities. Investors and industry observers will be watching for further announcements regarding the management structure and future direction under the Supervisory Board’s guidance.

For more information about Northern Data Group, visit their website at northerndata.de.