Digital Realty Appoints Susan Swanezy to Board of Directors

Rhea-AI Summary

Digital Realty, the global provider of data center solutions, appointed Susan Swanezy, a veteran in real estate and infrastructure capital raising, to its Board of Directors. Swanezy brings decades of experience to assist in the firm's capital funding model. Her background includes roles at Hodes Weill & Associates, Credit Suisse, Stockbridge Capital Partners, and Deutsche Bank. Swanezy's appointment follows the departure of Alexis Black Bjorlin, restoring the Board to nine directors.

AUSTIN, Texas, April 24, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today that Susan Swanezy, a 30-year veteran of institutional real estate and infrastructure private capital raising, has been appointed to the company's Board of Directors as an independent director, effective April 23, 2024.

"We are delighted to welcome Susan to our Board of Directors," said Mary Hogan Preusse, Chair of the Board of Directors. "Susan brings invaluable experience and relationships in capital formation that should prove particularly helpful as we further evolve the strategic private capital funding model that we architected and accelerated last year." 

Ms. Swanezy began her 30-plus year career as a real estate investment banker and later focused on real estate investment management. She recently retired from her role as a Partner of Hodes Weill & Associates where she led the firm's Infrastructure and other Real Assets initiatives, raised capital for real estate strategies, and was a member of the firm's Operating Committee. Previously, Ms. Swanezy was an executive at Credit Suisse, Stockbridge Capital Partners and Deutsche Bank, where she played a leading role in the firm's acquisition of RREEF and worked with institutional investors across a variety of real estate investment strategies and vehicles following the acquisition.

Ms. Swanezy serves on the Board of Directors of AvalonBay Communities, Inc. and is the Chair of its Nominating, Governance and Corporate Responsibility Committee. She is also a current member of the Pension Real Estate Association and WX Women Executives in Real Estate. Ms. Swanezy joins Digital Realty's Board following the departure of Alexis Black Bjorlin last year, returning the Board to nine directors.

"It's a privilege to join the Digital Realty Board," said Swanezy. "Digital Realty is a global leader in the dynamic and expanding data center sector. I'm excited to help PlatformDIGITAL® capitalize on the large and growing opportunity that lies ahead." 

About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

For Additional Information

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 737 281 0101
InvestorRelations@digitalrealty.com

Media Contacts
Helen Bleasdale
Digital Realty
+1 737 267 6822
hcbleasdale@digitalrealty.com

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended.  When used in this press release, the words "estimated," "anticipated," "expect," "believe," "intend," "continue," "should," "may," "likely," "plans," and similar expressions are intended to identify forward-looking statements.  Other factors that could cause results to differ materially are described in the filings made from time to time by Digital Realty with the U.S. Securities and Exchange Commission and include the risk factors and other risks and uncertainties described in Digital Realty's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and Quarterly Reports on Form 10-Q and subsequent filings.  Readers are cautioned not to place undue reliance on forward-looking statements.  Forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release.  Except as required by law, Digital Realty does not undertake any obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise, or publicly release the results of any forward-looking statements that may be made to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events. 

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SOURCE Digital Realty

FAQ

Who has Digital Realty appointed to its Board of Directors?

Digital Realty has appointed Susan Swanezy to its Board of Directors.

What is Susan Swanezy's background?

Susan Swanezy is a 30-year veteran in institutional real estate and infrastructure private capital raising.

Which firms has Susan Swanezy worked for?

Susan Swanezy has worked for Hodes Weill & Associates, Credit Suisse, Stockbridge Capital Partners, and Deutsche Bank.

What is Susan Swanezy's current role in Digital Realty's Board?

Susan Swanezy is an independent director on Digital Realty's Board of Directors.

Who did Susan Swanezy replace on Digital Realty's Board?

Susan Swanezy replaced Alexis Black Bjorlin on Digital Realty's Board of Directors.