CyrusOne Appoints John Hatem as Executive Vice President & Chief Operating Officer
September 02 2020 - 8:30AM
Business Wire
CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT,
today announced that John Hatem will rejoin the Company on October
5, 2020, to serve as Executive Vice President & Chief Operating
Officer of CyrusOne. In addition, the Company announced today that
Kevin Timmons, Executive Vice President & Chief Technology
Officer, has left CyrusOne to pursue other interests. Until April
2019, Mr. Hatem served as CyrusOne’s Executive Vice President of
Data Center Design, Construction and Operations. In his new role
with the Company, Mr. Hatem will be responsible for global
operations & customer success, design & solutions
engineering, construction, and information technology.
“For more than two decades, John Hatem has been at the forefront
of data center design and innovation. He brings a unique
combination of engineering prowess with business acumen and is the
right choice to help accelerate CyrusOne’s growth,” said Bruce W.
Duncan, President & CEO of CyrusOne. “John has been on the
front line with our customers and understands how to innovate and
deploy the next generation of cloud infrastructure in the United
States, Europe, and across the globe. In addition to his strong
connection with our customer base, he has deep relationships with
our teammates and vendors.”
Mr. Hatem started his career as a network operations engineer,
working with some of the largest financial institutions in the
world, including JPMorgan Chase & Co. (formerly Bear Stearns
& Co. Inc.), Deutsche Bank, and Morgan Stanley. As managing
director at Bear Stearns, he was responsible for the strategic
design, planning, and control of vital data centers worldwide.
Prior to joining CyrusOne in 2011, Mr. Hatem served as the director
of design and construction for ConceptCSI Global Data Center
Solutions, one of the preeminent mission-critical design, planning
and construction firms in the world. Mr. Hatem spent the previous
year serving as an independent data center consultant before
rejoining CyrusOne.
Mr. Hatem said, “I am excited to take on this new role at
CyrusOne as we develop new sustainable data center solutions for
our customers across the world. The need for energy-efficient
designs is only growing, and I look forward to working with our
engineering teams on developing and deploying solutions for our
customers. CyrusOne has an amazing platform, including its people,
and I look forward to being part of this team and its continued
success.”
Mr. Duncan continued, “On behalf of the entire Board and all of
our teammates, I would like to thank and recognize Kevin Timmons
for his leadership at CyrusOne for the past nine years. We wish
Kevin the best of luck in his future endeavors.”
Safe Harbor Note
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements, other than statements of historical facts,
are statements that could be deemed forward-looking statements.
These statements are based on current expectations, estimates,
forecasts, and projections about the industries in which we operate
and the beliefs and assumptions of our management as of the date of
this press release. Words such as "expects," "anticipates,"
"predicts," "projects," "intends," "plans," "believes," "seeks,"
"estimates," "continues," "endeavors," "strives," "may," variations
of such words and similar expressions are intended to identify such
forward-looking statements. In addition, any statements that refer
to projections of our future financial performance or operations,
our anticipated growth and trends in our and our customers’
respective businesses and industries, and other characterizations
of future events or circumstances, are forward-looking statements.
Readers are cautioned these forward-looking statements are based on
current expectations and assumptions that are subject to risks and
uncertainties, which could cause our actual results to differ
materially and adversely from those reflected in the
forward-looking statements. More information on these risks and
uncertainties and other potential factors that could affect the
Company’s business and financial results is included in the
Company’s filings with the U.S. Securities and Exchange Commission,
including in the “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” sections
of the Company’s most recently filed periodic reports on Form 10-K
and Form 10-Q and subsequent filings. The Company disclaims any
obligation other than as required by law to publicly update or
revise any forward-looking statement to reflect changes in
underlying assumptions or factors or for new information, data or
methods, future events or other changes.
About CyrusOne
CyrusOne (NASDAQ: CONE) is a real estate investment trust (REIT)
specializing in highly reliable enterprise-class, carrier-neutral
data center properties. The Company provides mission-critical data
center facilities that protect and ensure the continued operation
of IT infrastructure for approximately 1,000 customers, including
approximately 200 Fortune 1000 companies.
With a track record of meeting and surpassing the aggressive
speed-to-market demands of hyperscale cloud providers, as well as
the expanding IT infrastructure requirements of the enterprise,
CyrusOne provides the flexibility, reliability, security, and
connectivity that foster business growth. CyrusOne offers a
tailored, customer service-focused platform and is committed to
full transparency in communication, management, and service
delivery throughout its more than 50 data centers worldwide.
Additional information about CyrusOne can be found at
www.CyrusOne.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200902005352/en/
Investor Relations Michael Schafer Vice President, Capital
Markets & Investor Relations 972-350-0060
investorrelations@cyrusone.com
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