Equinix Appoints Chief Development Officer Eric Schwartz as President of Equinix Europe
April 23 2008 - 4:02PM
Business Wire
Equinix, Inc. (Nasdaq:EQIX), the leading provider of
network-neutral data centers and Internet exchange services, today
announced the appointment of Eric Schwartz to the post of president
of Equinix Europe effective June 1, 2008. In this role, Schwartz
will oversee the management, strategy and growth for Equinix in
Europe, which currently includes 17 Internet Business Exchange
(IBX�) data centers in the United Kingdom, France, Germany,
Switzerland and the Netherlands, and approximately 500 customers.
Schwartz, 41, currently serves as chief development officer of
Equinix, where he leads the company's strategy, business
development and network technology development. He spearheaded
Equinix�s expansion to Europe � including the 2007 acquisition of
IXEurope � and the ongoing integration of Equinix�s European
operations into its global business. �As chief development officer,
Eric managed last year�s successful acquisition of IXEurope, which
has provided Equinix with a strong presence on the European
continent and the ability to offer a single-source global solution
for our customers,� said Steve Smith, president and CEO of Equinix.
�As we work to leverage the benefits of Equinix�s global presence
and to grow our operations in Europe, Eric�s experience and
existing relationships with our team in Europe position him well to
help drive further success for Equinix in Europe.� Prior to joining
Equinix, Schwartz served as vice president � IP Communications for
BellSouth, where he led the development and implementation of
advanced technologies, including the definition of VoIP services,
architectures, and implementations for the carrier. Prior to
joining BellSouth, he was executive vice president of Harold A.
Dawson Company, an Atlanta-based real estate development company.
He is also a former member of McKinsey & Co. where he consulted
with telecommunications and financial services companies in the
U.S. and Asia on strategic issues. Schwartz holds a BS in
Electrical Engineering and BA in Economics from Stanford University
and an MBA from Harvard University. Schwartz fills the position
previously held by Guy Willner, the co-founder of IXEurope. Willner
and IXEurope co-founder Christophe du Buchet, who is also leaving
his executive role with the company, will both continue to serve on
the board of Equinix Europe. �Guy and Christophe are pioneers in
the data center colocation industry in Europe and have demonstrated
strong leadership over the past nine years,� said Smith. �They have
built a first-rate team and provided Equinix with a leading
platform for growth in Europe for years to come. I look forward to
continuing working with both of them on the Equinix Europe Board as
we grow our operations in Europe.� �Eric has been an important
leader in the acquisition of IXEurope and in ensuring the smooth
integration of the two companies, and I am delighted that he has
assumed this new role,� said Guy Willner. �As president of Equinix
Europe, Eric�s leadership, knowledge and skill will serve Equinix
well during this important phase of the company�s growth. I look
forward to continuing working with him in my role on the board of
Equinix Europe.� �We have worked on this strategic succession plan
and the timing is now ideal as our European business is well
positioned within Equinix's global operating framework,� said
Christophe de Buchet. �I have worked closely with Eric and I feel
that Equinix Europe could not be in better hands.� About Equinix
Equinix is the leading global provider of network-neutral data
center and interconnection services, offering premium colocation,
traffic exchange and outsourced IT infrastructure solutions. Global
enterprises, content companies, systems integrators and network
service providers look to Equinix Internet Business Exchange (IBX�)
centers for world-class reliability and network diversity. Equinix
IBX centers serve as critical, core hubs for IP networks and
Internet operations worldwide. With 39 IBX centers located in 18
strategic markets across North America, Europe and Asia-Pacific,
Equinix enables customers to reliably operate their
mission-critical infrastructure on a global basis. 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 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; the results of any litigation relating to past stock
option grants and practices; 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. Equinix and IBX are
registered trademarks of Equinix, Inc. Internet Business Exchange
is a trademark of Equinix, Inc.
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