SOURCE Digital Realty
SAN FRANCISCO, Aug. 6, 2019 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today the appointment of Jeffrey Tapley as Managing Director for Europe, Middle East and Africa (EMEA). Mr. Tapley has served as interim Managing Director, EMEA since March 2019, with responsibility for Digital Realty's operations in the region. He will be based in London and will continue to report directly to Chief Financial Officer Andrew P. Power.
"The EMEA region is a key driver of our global platform, and Jeff's intimate familiarity with our business, customer-oriented mindset, and tireless work ethic make him the right person to lead our growing EMEA platform," said Digital Realty Chief Financial Officer Andrew P. Power. "Jeff has been instrumental in driving our recent wins in the region and our investment in securing our supply chain in key metros as well as the recent investment in human capital supporting our customer coverage across Western Europe. I am delighted Jeff has agreed to lead the next phase of our growth in EMEA and I look forward to continuing to work with him to support our customers' digital ambitions across the region."
Mr. Tapley brings extensive global operational experience in the data center and real estate sectors. He previously served as Senior Vice President, Global Portfolio Management; Senior Vice President, Global Asset Management; and Vice President, Portfolio Management at Digital Realty. Prior to joining Digital Realty in 2013, Mr. Tapley served as Managing Director at Fidelity Investments' Real Estate Group and Long Wharf Real Estate Partners. Mr. Tapley is a CFA charter-holder and earned a B.A. in Business and Economics from St. Anselm College as well as an MBA in Finance from Bentley College.
"I am honored to be accepting this role at such an exciting time for Digital Realty," said Mr. Tapley. "I look forward to working with our customers and our teams across the region to ensure that Digital Realty is best positioned to execute our strategic expansion plans and support our customers' global growth."
About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,000 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Latin America, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products. www.digitalrealty.com. Follow Digital Realty on social media: LinkedIn, Twitter, Facebook, Instagram and YouTube.
For Additional Information
Andrew P. Power
Chief Financial Officer
John J. Stewart
John Christiansen / Scott Lindlaw
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 organizational changes. These risks and uncertainties include, among others, the following: reduced demand for data centers or decreases in information technology spending; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; the suitability of our data centers and data center infrastructure, delays or disruptions in connectivity or availability of power, or failures or breaches of our physical and information security infrastructure or services; our dependence upon significant customers, bankruptcy or insolvency of a major customer or a significant number of smaller customers, or defaults on or non-renewal of leases by customers; breaches of our obligations or restrictions under our contracts with our customers; our inability to successfully develop and lease new properties and development space, and delays or unexpected costs in development of properties; the impact of current global and local economic, credit and market conditions; our inability to retain data center space that we lease or sublease from third parties; difficulties managing an international business; difficulty acquiring or operating properties in foreign jurisdictions and unfamiliar metropolitan areas; our failure to realize the intended benefits from, or disruptions to our plans and operations or unknown or contingent liabilities related to, our recent acquisitions; our failure to successfully integrate and operate acquired or developed properties or businesses; difficulties in identifying properties to acquire and completing acquisitions; risks related to joint venture investments, including as a result of our lack of control of such investments; 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; our failure to obtain necessary debt and equity financing, and our dependence on external sources of capital; financial market fluctuations and changes in foreign currency exchange rates; 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 and goodwill and other intangible asset impairment charges; our inability to manage our growth effectively; losses in excess of our insurance coverage; environmental liabilities and risks related to natural disasters; our inability to comply with rules and regulations applicable to our company; our failure to maintain our status as a REIT for federal income tax purposes; our operating partnership's failure to qualify as a partnership for federal income tax purposes; restrictions on our ability to engage in certain business activities; and changes in local, state, federal and international laws and regulations, including related to taxation, 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 for the year ended December 31, 2018 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2019. 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.
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