Galaxy Adds Former Xerox CEO to Board as AI Data Center Push Expands

Galaxy Digital has appointed former Xerox Chief Executive Officer Steven Bandrowczak to its board of directors, adding an enterprise-technology veteran as the company expands beyond digital assets into large-scale data center infrastructure.

Bandrowczak joined the board as an independent director effective immediately and will also serve on its audit committee, Galaxy said Monday.

The appointment gives Galaxy additional operating and governance experience in areas including corporate technology systems, data centers, artificial intelligence and large-scale acquisitions. Bandrowczak served as Xerox’s CEO from 2022 to 2026 after joining the company in 2018 as president and chief operating officer.

His earlier roles included serving as chief information officer at DHL, where he consolidated the logistics company’s global data center operations, and overseeing the technology integration of IBM’s personal-computer business at Lenovo. He has also held senior positions at Alight Solutions, Hewlett-Packard, Avaya, Nortel and Avnet.

Galaxy said Bandrowczak has advised companies on adopting artificial intelligence and developed an enterprise operating model centered on autonomous AI agents. He currently serves as a senior adviser at technology consulting firm Sol Consulting and lectures on digital disruption and corporate transformation at Northeastern University.

The hire comes as Galaxy increasingly positions data center infrastructure alongside its established digital-asset businesses, which include trading, asset management, investment banking and bitcoin mining.

Galaxy has been developing its Helios campus in West Texas into a large-scale computing site capable of supporting artificial-intelligence and high-performance computing workloads. The company has described the project as a central part of its strategy to generate long-term, contracted infrastructure revenue while retaining exposure to digital assets.

Founder and CEO Mike Novogratz said Bandrowczak’s experience integrating businesses, allocating capital and operating large technology companies would support Galaxy’s expansion in both sectors.

Board Chairman Michael Daffey said the appointment would also strengthen the board’s oversight of growth and risk as the company scales.

Bandrowczak previously served on the boards of Xerox and Fuji Xerox. He holds a bachelor’s degree in computer science from Long Island University and a master’s degree in technology management from Columbia University.