August 14, 2013
Equinix Names Charles Meyers Chief Operating Officer
Global Sales, Marketing, Operations, Client Services report to COO; Search underway for new President of the Americas
REDWOOD CITY, CALIF. – August 14, 2013 – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has appointed Charles Meyers, formerly President of the Americas for Equinix, to the newly created role of Chief Operating Officer (COO).
The addition of the COO function is part of a reorganization designed to align the company globally to best serve the needs of Equinix customers. The Global Sales, Marketing, Operations and Client Services functions will now report directly to Meyers. Currently Equinix has a search underway to fill the President of the Americas role. Meyers will provide continued leadership in this capacity until his replacement is hired.
"To cement our leadership, we are evolving to meet the demands of our customers who rely on our global reach and scale to support their business ambitions. In the role of COO, Charles will bring proven leadership and deep operating experience to the task of further aligning our global team for maximum effectiveness," said Steve Smith, Equinix CEO and president. "The changes we are making today will sharpen our global execution as we pursue our strategy to be the interconnection platform for the world’s leading businesses."
"Equinix operates in a market of nearly limitless opportunity and our business strategy affords us a unique ability to combine exceptional growth and superior returns. As Equinix continues to grow, we must deliver compelling products and offers that provide clearly quantifiable value to our customers with the right balance between global consistency and local responsiveness," said Meyers. "I look forward to working with the leadership team in a new capacity to position Equinix for growth and enhance the way we serve our customers and present our company to the marketplace."
Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies directly to their customers and partners inside the world’s most networked data centers. Today, businesses leverage the Equinix interconnection platform in 31 strategic markets across the Americas, EMEA and Asia-Pacific. www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix’s filings with the Securities and Exchange Commission. In particular, see Equinix’s recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
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