Algorhythm Appoints New Independent Director
Globe Newswire•06/10/2026•09:00 ET
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Key Highlights
- ➤Greg Smith joins Algorhythm Holdings’ board as a new independent director
- ➤Smith managed multi-country IBM organizations with $2 billion annual budgets
- ➤Azure secured equity participation estimated above $220 million in power plants
- ➤Azure generates positive EBITDA through multi-year consulting contracts
Expert Statements
Andrew Thompson, CEO of Algorhythm Holdings
“We are pleased to formally welcome Greg to our Board of Directors”
Andrew Thompson, CEO of Algorhythm Holdings
“Greg brings a tremendous understanding of organizational structure, as well as of creating and managing high-value client relationships. Most importantly, we expect he will help us establish a strong focus on accountability and a results-driven culture across the Algorhythm portfolio of companies.”
Andrew Thompson, CEO of Algorhythm Holdings
“In addition, Greg was a key part of the technology ecosystem that rapidly grew from the 1990s to the 2010s. He has a deep understanding of the macro forces driving the AI data center boom, and we believe his insights will be invaluable as we seek new growth opportunities to deliver power to data center infrastructure sites across the United States using our renewable biomass power plant solutions”
Company Adds 30-Year IBM Executive and Operations Expert to Board
Fort Lauderdale, FL, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the “Company”) (NASDAQ: RIME) – a diversified holding company and owner of Azure Holdings, a renewable power plant developer, and SemiCab Holdings, an AI-enabled logistics provider, today formally introduced its newest independent director, Greg Smith.
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