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Simon Jesenko joins Iceotope as Chief Financial Officer

Iceotope, the pioneering leader in precision liquid cooling solutions for data centres, has appointed Simon Jesenko as Chief Financial Officer.

After securing a £30 million Series B investment last year, Iceotope is accelerating its global expansion plans and driving revenue growth through licensing its multi-award-winning, environmentally efficient technology.

Against this backdrop, the business sought an experienced, world-class CFO who would create and implement the financial infrastructure to support its international growth strategy and help to build value in the organisation ahead of a potential sale.

Upscale Partners was delighted to partner with Iceotope on this key hire, and, following an extensive search process, we are thrilled to announce the appointment of Simon Jesenko.

Simon is an experienced financial leader with a stellar track record of scaling VC and PE-backed high-growth SMEs, through internationalisation to exit. He joins from Senseye – the developer of software and sensors used for equipment monitoring – where he played a vital role in the company’s sale to Siemens.

This is the second major hire that Upscale Partners has helped Iceotope to find, attract, and secure. It follows the recruitment of Nathan Blom as Chief Commercial Officer, based in the US.

David Craig, CEO of Iceotope, had this to say about Nathan’s appointment:

"We took considerable time and effort in appointing a search firm for such an important hire. We had worked with Upscale Partners before on some benchmarking activities and also had good references from trusted industry friends. Upscale had been a logical first choice, but we did do a beauty parade and constantly found ourselves coming back to Upscale. Simply they could demonstrate a practical method and expertise that fitted with our need for a partner that could work credibly on three levels: internationally, in our space, and at the level we were seeking.

The process worked well, to time, and we had regular and energised updates. The candidate list was exceptional, making only the final decision the hardest part because of the amazing candidates we had.

As to the appointment, it’s fair to say I’m delighted. Nathan has hit the deck running and is making a significant impact. We made a second significant appointment immediately after, which was also superbly done."


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