Key Takeaways
- • Galaxy Digital appoints Steven Bandrowczak, former Xerox CEO with 30+ years of enterprise technology and operations experience, to its Board of Directors as an Independent Director effective July 13, 2026, with assignment to the Audit Committee.
- • Bandrowczak's appointment directly supports Galaxy's expansion in data center infrastructure and digital assets, leveraging his expertise in AI adoption, scaling complex enterprises, and managing large-scale M&A transactions.
- • Bandrowczak's operational credentials include integration of an $11 billion carve-out at Lenovo and extensive public-company governance experience across technology, IT infrastructure, logistics, and enterprise services sectors.
- • CEO Mike Novogratz and Board Chair Michael Daffey cited Bandrowczak's track record in leading public company reinvention, managing dozens of transactions, and building leadership teams as critical strengths for Galaxy's governance and risk management as the company scales.
Summary
Bandrowczak brings more than three decades of senior technology and operating leadership across global enterprises, with particular depth in IT and data infrastructure, logistics, and enterprise services. His current and recent experience includes serving as president and chief operations officer for Xerox Corporation, where he led operational initiatives across one of the technology sector's largest enterprises. His background encompasses the integration of an $11 billion carve-out at Lenovo and deep expertise in designing enterprise AI operating models—experience directly aligned with Galaxy's strategic priorities.
The appointment reflects Galaxy's focus on strengthening board-level oversight as the company expands its data center infrastructure footprint and grows its digital assets operations. Mike Novogratz, Founder and CEO of Galaxy, emphasized that Bandrowczak's combination of "operating range, capital discipline, and technology fluency" addresses critical competencies needed as Galaxy scales. Michael Daffey, Chair of Galaxy's Board, added that Bandrowczak's governance experience and demonstrated operating discipline will enhance the board's ability to oversee growth and manage risk during the company's expansion phase.
Bandrowczak's appointment signals Galaxy's prioritization of experienced enterprise operators with proven track records in managing complex technology infrastructure, capital allocation, and large-scale transactions—capabilities that underscore the company's commitment to building sustainable competitive advantages in the competitive data center and digital assets markets.
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