REDWOOD CITY, Calif. - Equinix, Inc. (NASDAQ: NASDAQ:EQIX), a global digital infrastructure company, today announced significant changes to its leadership team, set to take place in late Q2 2024. Charles Meyers, the current President and CEO, is slated to transition to the role of Executive Chairman.
Adaire Fox-Martin, who is presently the President of Google (NASDAQ:GOOGL) Cloud Go-to-Market, will assume the positions of President and CEO at Equinix.
Meyers has been with Equinix since 2010 and took on the CEO role in 2018. Under his leadership, the company expanded its global presence to over 70 markets in 33 countries, leading to a sixfold increase in revenue and an addition of over $80 billion in equity value. He will continue to steer the company's strategy and execution until the transition period.
Fox-Martin brings over 25 years of technology sector experience to the role, with a distinguished career including key positions at Google Cloud and SAP. As a member of the Equinix Board of Directors since 2020, her global leadership experience is expected to contribute significantly to the company's future growth and innovation.
Peter Van Camp, the current Executive Chairman, will retire from his board responsibilities and take on the role of Special Advisor to the Board. Van Camp expressed confidence in the succession plan, which aims to align with the company's business needs and leadership requirements.
The leadership transition comes at a time when Equinix is navigating a rapidly evolving digital landscape marked by a surge in digital transformation and AI adoption, driving unprecedented demand for digital infrastructure.
Equinix's platform is recognized for its global reach, unique ecosystems, strong partner relationships, and innovative product and service offerings. Fox-Martin's appointment is viewed as a strategic move to leverage her experience in driving business transformations and building for scale to foster continued innovation and growth at Equinix.
This leadership change is based on a press release statement from Equinix, Inc. The company's forward-looking statements involve risks and uncertainties, and actual results may differ from expectations.
Factors influencing these results include but are not limited to the current inflationary environment, foreign currency exchange rate fluctuations, energy market volatility, and the challenges of expanding and integrating data centers and services.
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