Auður Árnadóttir atNorth’s New Chief Financial Officer

Posted: 24 May 2018

Advania Data Centers is pleased to welcome Auður Árnadóttir as its new Chief Financial Officer. As CFO, Auður will direct the company’s budget, investment strategies and communication with investors and financial institutions, as well as lead projects related to the company’s continued growth. Auður previously served as the Financial Director of Harpa Reykjavik Concert Hall and Conference Centre, Geysir Green Energy and Enex.

“As a professional with a wealth of experience, we are very pleased to welcome Auður to our team. ADC’s profits and the demand for its data center services have increased rapidly in just a few years, and this year the company will be investing in new equipment and infrastructure worth $60 million to meet this demand. With all indicators pointing to continued growth far into the future, Auður’s wide-ranging experience in finance and operations will be essential to keep us on course. We are thrilled to have her join us,” says Eyjólfur Magnús Kristinsson, CEO of Advania Data Centers.

Advania Data Centers is a technology company headquartered in Reykjavik, Iceland with operations in Sweden, Norway, Germany and the United Kingdom. Advania Data Centers operates one of Europe’s largest data center campuses in Iceland, managing compute environments including HPCFLOW, blockchain technologies and high-density compute. All are powered by renewable energy with a PUE rating starting at 1.03. Advania Data Centers’ HPC team consists of experts that oversee the operation of HPC environments and HPC jobs for its customers, which include leading global companies in manufacturing, technology, and science among other industries.

“There are many exciting projects in the pipeline at Advania Data Centers. The company has experienced tremendous success in a short period of time and I am looking forward to working alongside its experienced group of specialists and leaders to ensure its continued growth. I see great potential to increase its operations and am especially interested in the social impact that the company can have,” says Auður. “For instance, Advania Data Centers is working with clients such as CERN, the European Organization for Nuclear Research, as well as a French genetics institute. Institutions like these are changing the world and it is fantastic that they have chosen to collaborate with ADC on their projects.”