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Press Release -- February 16th, 2011
Source: FiberMedia
Tags: Colocation, Expansion

FiberMedia Welcomes Robert Doherty, Chief Financial Officer

Secaucus, NJ – February 16, 2011 – Leading provider of colocation and data center services, FiberMedia announces the addition of Robert Doherty as Chief Financial Officer to its executive leadership team.

With five locations in the New York and New Jersey area, data center services provider FiberMedia Group LLC is positioned for significant growth. Having just received private equity funding to scale operations for clients, FiberMedia hired Robert Doherty to serve as Chief Financial Officer. Doherty will be responsible for managing the finance and accounting functions and strategic planning for the company.

“Due to our significant growth and data center expansion, FiberMedia sought to add an experienced Chief Financial Officer to our Executive Team. The hiring of Robert Doherty brings added credibility, financial oversight and executive leadership to our already talented team of data center professionals,” said Michael Bucheit, CEO of FiberMedia.

FiberMedia provides colocation, cloud and managed IT services to enterprise firms predominantly in the financial services, content & media, health care and high-tech industries. FiberMedia’s colocation data centers are fully redundant N+1, SAS70 type II facilities that allow enterprise firms to deploy mission critical infrastructure and benefit from flexible service provisioning.

“I am delighted to join the FiberMedia executive team,” said Doherty. “The company is poised for continued growth as we leverage our data center space, wisely utilize the capital investment from The Stephens Group, and customize our offerings to the enterprise markets; in particular the financial markets. I am excited about FiberMedia’s future!”

About Robert Doherty

Robert Doherty joins FiberMedia with over 20 years of expertise in corporate finance. He holds an M.B.A. from the Stern School of Business at New York University as well as a B.A. from the University of Pennsylvania. Robert formerly served as CFO for Metromedia Fiber Network (now, Abovenet). Most recently, he was a Partner at Redwood Capital, a boutique investment banking firm focused on the telecom, media and technology sectors. During his career, Robert has also held senior positions at firms such as Citigroup, PaineWebber and Jefferies.

About FiberMedia

FiberMedia is a privately held, shareholder-operated company known for innovation and customer responsiveness. The company’s data centers are fully redundant, network neutral facilities that meet the needs of today’s technology-driven companies. They are situated across three states – New York, New Jersey and Ohio, specifically in Manhattan, Brooklyn, Secaucus, Jersey City, Westchester and Cleveland. For over 10 years, FiberMedia has offered customized solutions through its dedicated sales engineers, design/build team, and 24/7 customer service.

Media Contact:

Scott Gardner
New Media Advisors

sgardner AT

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