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Equinix appoints former Google Cloud executive as CEO successor

Written by Thu 14 Mar 2024

Image Credit: Reuters

A data centre operator, Equinix, has appointed Adaire Fox-Martin, a former executive at Alphabet’s Google Cloud, as its CEO.

Fox-Martin will succeed the current Equinix CEO, Charles Meyer, and assume the role late next quarter.

Martin brings three years of experience from Google Cloud and has held global positions at software giants like SAP and Oracle.

After leading for six years, Meyers will transition to the role of executive chair. Concurrently, the current executive chair, Peter Van Camp, will resign from the board to serve as a special advisor.

Equinix recently projected positive adjusted core earnings, driven by the expectation of continued steady client spending on its data centres, fuelled by growing demand for artificial intelligence (AI) technology integration by businesses.

Earlier this week, Equinix revealed plans to transform a former paint factory industrial site in Slough into a data centre campus. In a consultation presentation, Equinix said the facility will be a ‘vital new piece of digital infrastructure within Slough’ and revitalise a former ‘gateway’ industrial site to the town.

The company said plans for the 11.5-acre site are in the beginning stages. The development will consist of three buildings, each housing a separate data hall. Specifications regarding the size and capacity of the data centre campus were not disclosed. 

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Written by Thu 14 Mar 2024

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