Laurello to Lead SGH’s IPS Business
29 Junho 2023 - 5:10PM
Business Wire
SMART Global Holdings, Inc. (“SGH” or “Company”) (Nasdaq: SGH)
today announced an expanded role for Dave Laurello, formerly
Stratus Technologies’ CEO, who will now lead the Company’s
Intelligent Platform Solutions (“IPS”) business, which includes
both Penguin Solutions and Stratus. Laurello joined the Company’s
leadership team last year when SGH acquired Stratus; the
acquisition closed in August 2022. SGH’s IPS group offers
integrated platforms and services for high-performance, edge, and
cloud computing.
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SGH (SMART Global Holdings) today
announced an expanded role for Dave Laurello, formerly Stratus
Technologies’ CEO, who will now lead SGH's Intelligent Platform
Solutions (IPS) business, which includes Penguin Solutions and
Stratus Technologies. (Photo: Business Wire)
“Dave has proven to be a valuable addition to our team since
joining almost 12 months ago,” said SGH CEO Mark Adams. “His
experience building and leading organizational teams serving large
enterprise customers will help drive IPS on a go-forward
basis.”
Laurello brings nearly 25 years of leadership experience to
SGH’s IPS business. He has been instrumental in the success of
Stratus, a leader in fault-tolerant and high-availability computing
solutions for a broad range of industries. Prior to joining
Stratus, he served as vice president and general manager of
Converged Network Solutions for Lucent Technologies where he
managed the business unit while overseeing engineering, product
management, and marketing. Laurello has also held other executive
positions, including senior engineering management roles at Ascend
Communications and Digital Equipment Corporation. Additionally, he
sits on the advisory board of the Manning School of Business at the
University of Massachusetts Lowell.
“By leveraging the combined strengths of the Penguin and Stratus
teams, we are positioning ourselves as an even stronger player in
the markets of high-performance, edge, and cloud computing and
managed services,” said Laurello, president of Intelligent Platform
Solutions at SGH. “I’m excited and honored to lead our IPS team. We
have a great opportunity before us, and this transition is a chance
to reinforce our commitment to act with purpose, drive progress,
and deliver results to our customers around the world.”
About SMART Global Holdings – SGH
At SGH, our companies are united by a drive to raise the bar,
execute with discipline, and focus on what’s next for the
technologies that support and advance the world. Across computing,
memory, and LED lighting solutions, we build long-term strategic
partnerships with our customers. Backed by a proven leadership
team, we operate with excellence around the globe while unlocking
new avenues of growth for our business and industry.
Learn more about us at SGHcorp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230629587720/en/
Investor Contact Suzanne Schmidt Investor Relations
ir@smart.com
PR Contact Valerie Sassani VP Marketing &
Communications pr@sghcorp.com
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