ROSSABI BRINGS 20 YEARS OF TECHNOLOGY AND COMMUNICATIONS INDUSTRY LEADERSHIP EXPERIENCE, INCLUDING THREE YEARS AS EXECUTIVE VICE PRESIDENT AT TELX
SAN FRANCISCO, Jan. 19, 2016 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE:DLR, news, filings), a leading global provider of data center solutions, announced today the appointment of Anthony "Tony" Rossabi as Managing Director of Telx, which Digital Realty acquired in October 2015. In his new position, Mr. Rossabi is responsible for the development and execution of global strategic initiatives for the company's Telx line of business. Mr. Rossabi's appointment has become effective and he reports directly to Chief Operating Officer Jarrett Appleby.
"We are thrilled to officially welcome Tony to this role," said A. William Stein, Chief Executive Officer. "As a former Executive Vice President at Telx, Tony was instrumental in building the Telx platform over the past three years, and he has already played a critical part in the ongoing and very successful integration process. We are certain that the broader organization will continue to benefit from his perspective. Tony has an impressive track record of providing leadership and product innovation at large, multinational companies, and we are confident that he is well-suited to guide and grow our Telx line of business into the future."
Mr. Rossabi most recently served as Executive Vice President at Telx. Prior to joining Telx in 2012, Mr. Rossabi served as Senior Vice President of Global Carrier Solutions at Tata Communications, a leading provider of telecommunications solutions. In addition, he has held a number of senior leadership positions at technology and communications companies including BellSouth (AT&T) and WilTel (Level 3), where he focused on product innovation, international growth strategies and customer solutions. Prior to entering the technology sector, Mr. Rossabi was an Assistant District Attorney for the City of New York.
"I am honored to accept this new role at a very exciting moment in the company's history," said Mr. Rossabi. "Digital Realty's considerable colocation and interconnection capabilities, combined with our expanding international data center campus footprint, gives us the unparalleled ability to deliver to our customers a complete range of data center solutions on a global scale. I look forward to working with the Telx and Digital Realty teams to provide our customers the solutions they need to compete in an increasingly data-driven world."
Mr. Rossabi was named President and Chairman of the Board of Governors for the Pacific Telecommunications Council (PTC) in January 2016. He has served on PTC's Board of Governors since 2015. PTC is the leading membership organization for telecommunications and information and communication technology professionals with interests in the Asia-Pacific region.
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/
For Additional Information:
Andrew P. Power
Chief Financial Officer
Digital Realty Trust, Inc.
John J. Stewart
Senior Vice President
Digital Realty Trust, Inc.
Sard Verbinnen & Co.
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 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 our geographic markets; 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, as amended, for the year endedDecember 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.