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Galaxy Announces the Appointment of Steven Bandrowczak to Board of Directors

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Galaxy Digital (Nasdaq: GLXY) appointed veteran enterprise-technology and operations executive Steven Bandrowczak to its Board of Directors as an Independent Director, effective immediately. He will also join the Board’s Audit Committee.

Bandrowczak brings more than 30 years of leadership across IT, data infrastructure, logistics, and enterprise services, with extensive public-company governance, large-scale M&A, and capital allocation experience. His background in artificial intelligence, including developing an enterprise AI operating model built around autonomous agents, aligns with Galaxy’s focus on digital assets and data center infrastructure. He previously served as CEO of Xerox Holdings Corporation, CIO of DHL, and held senior roles at Lenovo, Hewlett-Packard, Avaya, Nortel, Avnet, and Alight Solutions.

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News Market Reaction – GLXY

+3.73%
14 alerts
+3.73% Session close to close
+3.4% Peak Tracked
-3.7% Trough Tracked
$4.81B Market Cap
0.7x Rel. Volume

In the Jul 14 session, GLXY gained 3.73%, reflecting a moderate positive market reaction. Argus tracked a peak move of +3.4% during that session. Argus tracked a trough of -3.7% from its starting point during tracking. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

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NEW YORK, July 13, 2026 /PRNewswire/ -- Galaxy Digital Inc. (Nasdaq: GLXY) (the "Company" or "Galaxy"), a global leader in digital assets and data center infrastructure, today announced the appointment of Steven Bandrowczak, a veteran enterprise-technology and operations executive, to its Board of Directors as an Independent Director, effective immediately. Mr. Bandrowczak will also serve as a member of the Board's Audit Committee.

Galaxy Digital Inc. Logo

Mr. Bandrowczak brings more than three decades of senior technology and operating leadership across global enterprises, spanning IT and data infrastructure, logistics, and enterprise services. He advises enterprise leaders on adopting and scaling artificial intelligence, experience that aligns directly with Galaxy's expansion in data center infrastructure and its growth across digital assets. He also brings deep public-company governance experience and a long record of large-scale M&A and capital allocation to the board.

"Steve has built and scaled some of the most complex enterprises in global technology, from integrating an $11 billion carve-out at Lenovo to authoring an enterprise AI operating model," said Mike Novogratz, Founder and CEO of Galaxy. "That combination of operating range, capital discipline, and technology fluency will strengthen our board as we continue to build in digital assets and data center infrastructure."

"Steve's track record speaks for itself. He has led public companies through reinvention, managed dozens of transactions, and built lasting leadership teams along the way," said Michael Daffey, the Chair of Galaxy's Board of Directors. "His governance experience and operating discipline will strengthen how we oversee growth and manage risk as Galaxy scales."

Mr. Bandrowczak has spent more than 30 years in senior operating and technology roles across global technology, logistics, and services companies, with a career built on large-scale M&A and enterprise transformation. As Chief Information Officer at DHL, he consolidated the logistics company's global data center operations; at Lenovo, he led the technology integration of IBM's personal computer business. He currently serves as a Senior Advisor at Sol Consulting, a technology consulting firm, and served as Chief Executive Officer of Xerox Holdings Corporation from 2022 to 2026, having joined the company in 2018 as President and Chief Operating Officer. Earlier in his career, he held senior operating and technology roles at Alight Solutions, Hewlett-Packard, Avaya, Nortel, and Avnet.

Mr. Bandrowczak, who also developed an enterprise AI operating model built around autonomous agents, lectures on digital disruption and transformation at Northeastern University and previously served on the boards of Xerox and Fuji Xerox. He holds a B.S. in Computer Science from Long Island University and an M.S. in Technology Management from Columbia University.

"Galaxy is at the forefront of the two most transformative forces of our time: digital assets and data center infrastructure," said Mr. Bandrowczak. "I've spent my career helping large organizations navigate exactly that kind of change, and I'm looking forward to working with Mike and the board to support Galaxy's continued growth."

For more information on Galaxy's Board of Directors, please visit: https://www.galaxy.com/board-of-directors.

About Galaxy

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Our 1.6 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia. Additional information about Galaxy's businesses and products is available on www.galaxy.com.

©Copyright Galaxy Digital 2026. All rights reserved.

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SOURCE Galaxy Digital Inc.

FAQ

What did Galaxy Digital (GLXY) announce about its Board of Directors on July 13, 2026?

Galaxy Digital announced the appointment of Steven Bandrowczak as an Independent Director and Audit Committee member, effective immediately. According to Galaxy, he brings over three decades of senior technology, operations, M&A, and governance experience to support its digital assets and data center infrastructure strategy.

Who is Steven Bandrowczak, the new independent director on Galaxy Digital’s (GLXY) board?

Steven Bandrowczak is a veteran enterprise-technology and operations executive with more than 30 years of leadership experience. According to Galaxy, he has held senior roles at DHL, Lenovo, Hewlett-Packard, Avaya, Nortel, Avnet, Alight Solutions, and most recently served as CEO of Xerox Holdings.

What committee will Steven Bandrowczak join on Galaxy Digital’s (GLXY) board?

Steven Bandrowczak will serve on Galaxy Digital’s Audit Committee in addition to his role as Independent Director. According to Galaxy, his governance, capital allocation, and large-scale transformation background is expected to support oversight of growth and risk management as the company scales operations.

How does Steven Bandrowczak’s AI experience relate to Galaxy Digital’s (GLXY) strategy?

Steven Bandrowczak advises enterprises on adopting and scaling artificial intelligence and developed an enterprise AI operating model using autonomous agents. According to Galaxy, this expertise aligns directly with its expansion in data center infrastructure and broader growth across digital assets and technology-driven services.

What prior leadership roles has Steven Bandrowczak held before joining Galaxy Digital’s (GLXY) board?

Before joining Galaxy’s board, Steven Bandrowczak was CEO of Xerox Holdings Corporation from 2022 to 2026 and previously President and COO. According to Galaxy, he also served as CIO at DHL, led IBM PC integration at Lenovo, and held senior roles at several global technology firms.

What are Steven Bandrowczak’s academic qualifications relevant to his role at Galaxy Digital (GLXY)?

Steven Bandrowczak holds a B.S. in Computer Science from Long Island University and an M.S. in Technology Management from Columbia University. According to Galaxy, he also lectures on digital disruption and transformation at Northeastern University, complementing his board-level focus on technology and enterprise change.