Rebeca Moen
Jul 10, 2025 15:16
MARA has introduced the appointment of Nir Rikovitch as Chief Product Officer to steer its product technique, specializing in commercializing breakthrough know-how for operational effectivity.
MARA, a distinguished identify within the digital power and infrastructure sector, has appointed Nir Rikovitch as its new Chief Product Officer (CPO), in response to a latest announcement from the corporate. The appointment is a part of MARA’s strategic efforts to reinforce its product technique and produce its progressive applied sciences to market-ready standing, thereby growing operational utility and effectivity.
Rikovitch’s Position and Tasks
Nir Rikovitch shall be liable for constructing MARA’s product self-discipline from the bottom up. His position will contain bridging the hole between engineering, technique, and commercialization. As CPO, he’ll outline the roadmap for MARA’s merchandise, aiming to ship production-grade techniques that meet the evolving calls for of the digital power sector.
Management and Imaginative and prescient
Fred Thiel, MARA’s Chairman and CEO, expressed confidence in Rikovitch’s management, citing his in depth background in product management and autonomous know-how improvement. Thiel highlighted Rikovitch’s means to scale real-world applied sciences as a crucial asset for MARA because it seeks to introduce transformative options on the intersection of power, AI, and compute.
Skilled Background
Rikovitch brings important experience in product administration, machine studying, and engineering management. Earlier than becoming a member of MARA, he was the Director of Product Administration at Blue River, a John Deere Firm. There, he was instrumental in co-founding the autonomy unit and main the product technique for autonomous development equipment and superior driver-assistance techniques, producing over $500 million in income.
Future Prospects
Rikovitch expressed enthusiasm about his new position, emphasizing the significance of power stewardship in technological progress. He goals to combine scale with smarter power practices at MARA, specializing in creating digital power and infrastructure options which are clever, environment friendly, and sustainable.
About MARA
MARA (NASDAQ:MARA) is devoted to deploying digital power applied sciences to advance world power techniques. By reworking extra power into digital capital, MARA balances the grid and accelerates the deployment of crucial infrastructure. The corporate is dedicated to decreasing the power calls for of high-performance computing purposes, together with AI and edge computing. For extra details about MARA, go to their official website.
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