SAN FRANCISCO, Feb. 10, 2016 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE:DLR, news, filings), a leading global provider of data center solutions, announced today the appointment of Edward Higase as Managing Director, Asia Pacific, responsible for overseeing all of Digital Realty's operations in the region. Mr. Higase assumed this role on February 1, 2016 and will be based inSingapore.
"Ted is an outstanding addition to the team and we are excited to welcome him aboard," said A. William Stein, Digital Realty's Chief Executive Officer. "The Asia Pacific region represents a significant growth opportunity for Digital Realty and we expect Ted's depth of experience, proven leadership abilities and customer-centric philosophy will help us continue to solidify our position and strategically extend our footprint in the region. This is an exciting time for our business in the region because key technology trends, such as the rise of cloud computing and the rapidly emerging Internet of Things, are highlighting the need for precisely the type of agile data center infrastructure that Digital Realty provides."
Mr. Higase most recently served as President and Chief Executive Officer of KVH Co., Ltd, a pan-Asian data center and cloud services company founded by Fidelity Investments in 1999. Prior to his role at KVH, he was Managing Director and Executive Vice President, Europe, Middle East andAfrica, for Global Crossing. Additionally, Mr. Higase has held a number of senior executive positions at technology and telecommunications network services companies, including Dell and AT&T. Throughout his 24-year career, Mr. Higase has successfully managed data center portfolios, helping global companies establish and/or expand their operations across the Asia Pacificregion. In support of these efforts he has lived in New York, London, Tokyo, Hong Kong,Singapore and Sydney.
"I have long admired Digital Realty's high-quality data center and colocation solutions, excellent operating track record and diverse customer base, and I am thrilled to join this world-class organization," said Mr. Higase. "Asia Pacific is a rapidly-evolving region that holds immense opportunity for us. I look forward to getting to know my new colleagues and our customers better."
For Additional Information:
Andrew P. Power
Chief Financial Officer
Digital Realty Trust, Inc.
John J. Stewart / Maria S. Lukens
Digital Realty Trust, Inc.
John Christiansen / Lindsay Andrews
Sard Verbinnen & Co.
About Digital Realty
Digital Realty Trust, Inc. supports the data center and colocation strategies of more than 1,000 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products. https://www.digitalrealty.com/
Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to our plans and strategy in theAsia Pacific region and organization. These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in the metropolitan areas in which we operate; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and development space; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2014 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2015, June 30, 2015 and September 30, 2015. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Digital Realty Trust, Inc.