Penguin Solutions Announces New Leadership Appointments, Eliminates SVP of Advanced Computing Role

Penguin Solutions has announced the appointment of Tony Frey as SVP and Chief Revenue Officer and Ted Gillick as SVP of Strategy and Corporate Development. These additions are part of an updated organizational structure aimed at accelerating growth, supporting product innovation, and enabling go-to-market strategies in advanced computing solutions. Mark Adams, President and CEO, expressed excitement about the new leadership team, while Pete Manca, SVP and President of Advanced Computing, has departed as part of the revised structure.

Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) has announced the appointment of Tony Frey as SVP and Chief Revenue Officer and Ted Gillick as SVP of Strategy and Corporate Development. These appointments are part of a broader organizational restructuring aimed at accelerating growth, supporting product innovation, and enhancing go-to-market strategies in advanced computing solutions. The changes come as the company seeks to transition from a legacy holding company structure to a more traditional leadership model, positioning itself for long-term success.

Tony Frey, who will take on his role effective August 25, brings over 25 years of global leadership experience in enterprise technology. He has extensive expertise across the full technology stack, with a focus on data management, cloud computing, and AI enablement. Before joining Penguin Solutions, Frey served as vice president of global strategic accounts at NetApp and held multiple VP enterprise sales roles at Informatica. In his new role, Frey will oversee global sales for Penguin Solutions’ Advanced Computing and Integrated Memory segments.

Ted Gillick, who will assume his position effective August 4, has more than 20 years of experience in corporate development, investment banking, and strategic planning across the technology sector. Prior to joining Penguin Solutions, Gillick led global M&A efforts as SVP of corporate development at Dell Technologies. In his new role, Gillick will focus on strategic planning and corporate development, driving the company's growth and innovation.

The appointment of Frey and Gillick follows the departure of Pete Manca, SVP and president of Advanced Computing, who left as part of the revised organizational structure. Mark Adams, President and CEO of Penguin Solutions, expressed excitement about the new leadership team, stating, "These additions represent another step in our transformation and will help drive our continued growth as a trusted partner in AI."

The company also highlighted the potential risks and uncertainties associated with its forward-looking statements, including global business and economic conditions, growth trends in technology industries, and the impact of geopolitical environments. These risks are detailed in the company's filings with the U.S. Securities and Exchange Commission [1].

Penguin Solutions supports its customers in achieving their ambitions across computing, memory, and LED lines of business. With its expert skills, experience, and partnerships, the company turns complex challenges into compelling opportunities. For more information, visit [Penguin Solutions' website](https://www.penguinsolutions.com).

References:
[1] https://www.businesswire.com/news/home/20250729331212/en/Penguin-Solutions-Announces-Leadership-Changes