digital Realty Trust, Inc. (NYSE: DLR), a global provider of data center and colocation solutions, announced that its Board of Directors has appointed Bill Stein as Chief Executive Officer (CEO) and the board of directors, effective immediately.
"I am pleased to announce that, after a process of thorough research and deliberation, the Board unanimously selected the Stein bill as the next general manager Digital Realty" said President Dennis Singleton Digital Realty on behalf of the digital Realty Board . "The bill meets all the criteria that we examined in a new CEO, bringing a deep understanding of data centers, real estate and the broader technology landscape based on his 30 years of finance, investment and operational experience. "
M .. Stein was the department head of the interim director since March 2014 and served as Chief Financial Officer the company since July 04 and its Chief Investment Officer from 04 to April 2014.
"I am honored to be appointed CEO of Digital Realty," said Bill Stein . "We will continue to focus on growing our portfolio with the highest quality properties while killing underperforming assets, and we will strive to improve operational efficiency and strategy to expand our global footprint. As CEO, I look forward to continuing to execute on our strategic priorities, sharpen our focus on customer service and cementing the reputation of Digital Realty as the industry leader in data center solutions. "
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the appointment of Mr. Stein follows a comprehensive search process conducted by a special committee of the board in collaboration with Spencer Stuart , a leading executive search firm. Mr. Stein will continue to serve as CFO while the data center solutions provider and colocation seeks a permanent successor.
"As interim CEO, Bill has created an impressive dynamic within the company and made great progress in building digital Realty's operational and financial performance," added Dennis Singleton . "His leadership abilities are clearly demonstrated by improved investment returns since taking the helm as interim CEO in March 2014. The bill has a clear strategic vision for the future the company extensive experience of sound financial management and a big picture understanding of the future of our industry. "
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