DXN Ltd. (AU:DXN) has released an update.
DXN Ltd., a key player in Asia Pacific’s modular data center market, has announced a strategic leadership reshuffle with the appointment of Abigail Cheadle as the new non-executive Chair and Shalini Lagrutta, the current CEO, taking on additional responsibilities as Managing Director. The company is poised for growth, riding the momentum of its first unaudited profitable quarter since 2022, underpinned by successful capital raises and modular data center wins. The outgoing Chair, Peter McGrath, and fellow Director, Tim Hannon, are stepping down to pursue other business opportunities, with the board expressing gratitude for their contributions.
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