With effect from late Q2 2024, Google Cloud Go-to-Market President Adaire Fox-Martin will take over as President and CEO of Equinix, replacing current President and CEO Charles Meyers. Equinix is a global provider of data center colocation and interconnection. Presently serving as Executive Chairman, Peter Van Camp will relinquish his official position as a Board member to assume the position of Special Advisor to the Board at the multinational supplier of data center colocation services.
Adaire Fox-Martin has over 25 years of experience in the technology industry. Most recently, she held the positions of Head of Google Ireland and President of Go-to-Market for Google Cloud. She oversaw the worldwide go-to-market teams for Google Cloud in this capacity, which included partner ecosystem, customer success, sales, and professional services.
Fox-Martin worked in senior worldwide roles at some of the top software and technology businesses in the world before joining Google, including SAP and Oracle. As a member of the SAP Executive Board, she oversaw sales and service for more than 440,000 clients worldwide, playing a crucial role in SAP. Her vast international leadership background includes roles as Head of Google Ireland, President of Google Cloud International, and President of SAP Asia Pacific and Japan. Since 2020, she has served as a member of the Equinix Board of Directors.
“In today’s dynamic digital landscape, Equinix has uniquely amassed global reach, highly differentiated ecosystems, strong partner relationships, and an innovative range of product and service offerings – collectively forming a robust and future-proofed platform to address diverse customer challenges,” said Adaire Fox-Martin. “Coupled with my passionate belief in the vision, mission and values of Equinix, I am excited to leverage my experience in driving business transformations and building for scale to drive continued innovation and growth at Equinix.”
Stock Value Surged over $80 Billion
Charles Meyers began working for Equinix in 2010 and was named CEO in 2018. Throughout his tenure, he has molded the business’s winning approach, expanding Equinix’s Platform to over 70 markets in 33 countries, quickening the company’s lead in global connectivity, and advancing the platform to accommodate hybrid and multi-cloud as the obvious architecture of choice.
Equinix’s revenue has increased six times throughout this period, and its stock worth has increased by more than $80 billion. Mr. Meyers will stay in his position as CEO until the end of Q2, during which time he will continue to lead the company’s strategy and execution.
“Digital transformation is reshaping the basis of competition for industries across the globe, and the rapid adoption of AI is accelerating that dynamic,” said Charles Meyers. “These pivotal shifts have created an extraordinary demand environment for digital infrastructure, and our distinctive advantages create an exceptional long-term opportunity for Equinix. I am confident that Adaire’s capabilities and experience will be deeply additive to our team and our culture, helping us meet the evolving needs of our customers, fuel our growth and unlock the extraordinary power of Platform Equinix. I am grateful to our board for their support of my desired transition timeline, and excited to assume the Executive Chairman role and actively support Adaire as she leverages her tremendous global experience to extend and expand our market leadership.”
“Charles has been a driving force at Equinix for the past 14 years and this transition enables his continued involvement while also adding Adaire’s significant depth and breadth of experience,” said Peter Van Camp. “At this critical juncture in the company’s history, it is a great outcome for all of our stakeholders. We have had tremendous success with our leadership model and as I step into an advisory role with the company and hand the Executive Chairman role to Charles, I do so with immense optimism that this executive team will enable us to unlock the enormous opportunity ahead.”
