Aligned Data Centers Appoints Meghan Baivier as Chief Financial Officer
September 24 2024 - 8:33AM
Aligned Data Centers, a leading technology infrastructure company
offering innovative, sustainable, and adaptive Scale Data Centers
and Build-to-Scale solutions for global hyperscale and enterprise
customers, today announced the appointment of Meghan Baivier as
Chief Financial Officer (CFO). In addition, the company announced
the transition of former CFO, Anubhav Raj, to Aligned’s new
Chief Investment Officer (CIO).
Meghan Baivier Joins as Chief Financial
Officer
Ms. Baivier brings over 23 years of experience in finance and
leadership to Aligned’s senior leadership team. She will oversee
the company’s financial strategy and operations.
Ms. Baivier joins the company from Easterly Government
Properties, Inc. (NYSE: DEA), a REIT focused on the acquisition,
development and management of Class A commercial properties leased
primarily to the U.S. Government and its adjacent partners, most
recently serving as its President and Chief Operating Officer
(COO). Prior to her appointment as President, Ms. Baivier
served as Easterly’s Executive Vice President, COO, and CFO. Ms.
Baivier’s experience also includes five years with Citigroup’s Real
Estate and Lodging Investment Banking group, where she was involved
in a wide range of financial advisory and capital markets
transactions, including Easterly’s IPO. Before her tenure at
Citigroup, Ms. Baivier held equity and high yield research roles at
Chilton Investment Co. and Fidelity Management and Research Co.,
respectively. Ms. Baivier also serves as a Director of Sun
Communities, Inc. (NYSE: SUI).
“I am thrilled to welcome Meghan to our leadership team. Her
deep financial expertise and strategic vision are invaluable assets
as we embark on this next phase of growth,” says Andrew Schaap,
Chief Executive Officer of Aligned Data Centers. ”Meghan’s proven
track record of success, coupled with her strong leadership
abilities, will be instrumental in driving our financial strategy
and ensuring our continued success in this dynamic market.”
“Joining Aligned at this pivotal moment in the data center
industry is an incredible opportunity. The company’s strategic and
unique position as a leader in this rapidly evolving market is
truly exciting,” says Ms. Baivier. “I look forward to leveraging my
financial expertise to drive continued growth, optimize operations,
and deliver exceptional value to our customers and partners.
Together, we will achieve remarkable results for our team members
and stakeholders.”
Anubhav Raj Takes on New Role as Dedicated Chief
Investment Officer
Aligned has also appointed its former CFO, Anubhav Raj, to the
newly created position of Chief Investment Officer, formalizing a
role he has fulfilled since joining the company and that has become
more important to achieving its growth objectives. In this
position, he will continue to capitalize on his deep understanding
of the company’s financial landscape and industry dynamics to
identify and pursue strategic investments that drive long-term
growth.
“We have experienced incredible growth, which is only expected
to accelerate. To meet the tremendous opportunity ahead, I look
forward to being dedicated to leading our strategic investment and
capital deployment activities,” said Mr. Raj. “I welcome Meghan to
the executive team. Her experience and expertise will be vital on
the next stage of our journey. Together, I’m confident we will
maximize results for all our stakeholders and customers.”
“We are grateful for Raj’s exceptional leadership
as CFO and his significant contributions to the company’s
overall success,” said Mr. Schaap. “He has been instrumental in
driving significant financial growth, securing strategic
partnerships, and pioneering several first-of-a-kind financings and
record-setting transactions to successfully raise over $10B in
capital. These achievements are a testament to Raj's vision
and the tireless dedication and exceptional work of the entire
Finance team. We are excited to have him continue to play a
key role in our leadership team as Chief Investment Officer in this
increasingly capital-intensive and dynamic environment.”
About Aligned Data Centers
Aligned Data Centers is a leading technology infrastructure
company offering innovative, sustainable, and adaptive Scale Data
Centers and Build-to-Scale solutions for global hyperscale and
enterprise customers. Our intelligent infrastructure allows
densification and vertical growth within the same footprint,
enabling customers to scale up without disruption, all while
maintaining industry-leading Power Usage Effectiveness (PUE). By
reducing the energy, water and space needed to operate, our data
center solutions, combined with our patented cooling technology,
offer businesses a competitive advantage by improving
sustainability, reliability, and their bottom line. For more
information, visit www.aligneddc.com and connect with us
on X, LinkedIn and Facebook.
Press and Analyst Inquiries:
Jennifer Handshew jennifer@180-mktg.com +1 (917)
359-8838
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8aabb2fa-df7d-483e-82d7-1c572f5ac745
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