ThermalWorks Appoints Dave Rich as Chief Financial Officer
Experienced operator joins as demand grows for high-performance AI cooling solutions

NEW YORK, NY – May 14, 2026 –ThermalWorks, an Endeavour company, announced the appointment of Dave Rich as Chief Financial Officer effective April 27. He will lead the company’s financial operations and support its continued growth in theAI infrastructure market.

"ThermalWorks is leading the transition to next-generation cooling for AI infrastructure," said Rich. "My focus will be on building the right financial structure to support performance and growth as we bring these solutions to more customers around the world."
He brings a hands-on operating approach and deep experience leading corporate finance across the manufacturing, automotive, clean technology, and high-tech sectors. He has led or supported more than 100 M&A transactions and previously served as CFO of ClarkDietrich, Proterra, and Toyota Boshoku America, following nearly two decades at Ford Motor Company.
“Dave understands what it takes to scale complex, capital-intensive businesses,” said John Costakis, CEO of ThermalWorks. “He brings the operational discipline and experience needed to support ThermalWorks’ next phase of growth.”
AboutThermalWorks
ThermalWorks is a leading provider of ultra-energy efficient, advanced waterless cooling systems for data centers and commercial buildings.Its chillers are built to handle high-density loads and high ambient temperatures while dramatically reducing energy usage and eliminating water consumption in cooling operations. Based in New York, ThermalWorks is an Endeavour company. For more information, visit www.thermalworks.com.
AboutEndeavour
Endeavour is an infrastructure innovation company focused on redefining the built environment for the age of AI. The company invents and invests in breakthrough technologies to make data center infrastructure faster and more agile while transforming it into a large-scale solution for climate change and water scarcity. These technologies work as an integrated system. For more information, visit www.endeavourii.com.
