Iren Limited (NASDAQ: IREN) has recently appointed Anthony Lewis as the Chief Capital Officer to oversee the company's capital markets activity. This move comes as Iren evaluates a range of AI infrastructure investments and associated funding requirements. Lewis, who brings over two decades of experience in financial markets, including 22 years at Macquarie Group, will be responsible for leading the development of Iren's capital structure and financing strategy.
Previously serving as co-treasurer at Macquarie Group, Lewis was responsible for global funding, liquidity, and capital management at the global financial services and asset management firm. His appointment is seen as crucial in aligning Iren's financial strategy with the growth opportunities in AI and compute infrastructure.
This strategic move is indicative of Iren's focus on capital markets and financial strategy as it ventures into new investment opportunities. Following these announcements, the company's shares moved 4.07%, and are now trading at a price of $14.57. For more information, read the company's full 8-K submission here.