Sovereign Cloud Holdings Limited announced the appointment of Mr. Peter Maloney as its new Chief Executive Officer, effective immediately. Mr. Maloney is an experienced CEO having led several Australian technology companies over the past 20 years. Most recently, he was Managing Director of Dye & Durham Australia, a subsidiary of Canadian listed, Dye & Durham Ltd, having been elevated to this position following DND's acquisition of GlobalX in July 2021.

As CEO, Mr. Maloney led GlobalX through the transition from being a founder led startup to a more mature organization generating annual revenues of approximately AUD 90 million.