Digital Realty appoints new CFO after Andy Power becomes CEO

Digital Realty, the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, today announced Matt Mercier has been named Chief Financial Officer, effective January 1, 2023. He succeeds Andrew Power, who was recently named Chief Executive Officer.

Mercier joined Digital Realty in 2006, most recently serving as Senior Vice President Global Finance & Accounting. In his new role as CFO, Mercier will lead the Company’s global corporate finance organization, including treasury, capital markets, investor relations, financial planning and reporting, accounting, and tax.

“Matt has been a great partner and a key leader in our Company for more than 15 years. I’ve appreciated and relied on his steady-handed and thoughtful approach, and I look forward to our continued partnership in his new role,” said President & CEO Andrew Power.

Power continued, “Looking to the future, his deep knowledge of our business and proven track record will be integral to Digital Realty’s success as we continue to invest in PlatformDIGITAL® and execute on our strategic plan, while remaining committed to the long-term financial principles that have supported our growth.”

“I am extremely excited and honored to step into this role for Digital Realty,” said Mercier. “Working with the leadership team to grow our business from a small U.S. focused data center owner to the world’s largest global, full product spectrum owner, developer and operator of data centers has been a remarkable experience. We have a long runway for growth ahead of us and I look forward to capitalizing on that opportunity alongside Andy and the rest of our talented team.”

Mercier is a seasoned finance leader with a comprehensive understanding of the data center industry and deep knowledge of Digital Realty’s business. Over the course of his tenure, he has held roles with increasing levels of responsibility, including leading corporate planning and capital markets, managing integration projects, overseeing joint ventures, and serving as principal accounting officer. Prior to joining Digital Realty, Mercier held roles in asset management at Equity Office Properties Trust and as an auditor at KPMG. Mr. Mercier received a bachelor’s degree in Business Administration and an MBA from University of California, Berkeley.

CT Bureau