Equinix hires Google Cloud executive as CEO


FILE PHOTO: President of Google Cloud International Adaire Fox-Martin is welcomed by the Greek Prime Minister Kyriakos Mitsotakis (not seen) at the Maximos Mansion in Athens, Greece, September 29, 2022. REUTERS/Costas Baltas/File Photo

(Reuters) - Data center operator Equinix on Tuesday named Alphabet's Google Cloud executive Adaire Fox-Martin as its CEO, with the appointment effective late next quarter.

Fox-Martin, who has been on Equinix's board since 2020, will succeed the company's current Chief Executive Officer Charles Meyers. Martin has been at Google Cloud for three years and has also held global positions at software companies such as SAP and Oracle.

Meyers will transition to the role of executive chair after six years at the helm. Current executive chair Peter Van Camp will step down as a board member to take the role of special advisor to the board, the company said.

Equinix forecast upbeat adjusted core earnings last month, fueled by optimism that client spending on its data centers will remain steady as more companies seek to infuse artificial intelligence technology.

(Reporting by Harshita Mary Varghese; Editing by Shweta Agarwal)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

New app helps you sit up straight while at your computer
Dispose of CDs, DVDs while protecting your data and the environment
'Just the Browser' strips AI and other features from your browser
How do I reduce my child's screen time?
Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT
Chatbot Chucky: Parents told to keep kids away from talking AI dolls
South Korean crypto firm accidentally sends $44 billion in bitcoins to users
Opinion: Chinese AI videos used to look fake. Now they look like money
Anthropic mocks ChatGPT ads in Super Bowl spot, vows Claude will stay ad-free
Tesla 2.0: What customers think of Model S demise, Optimus robot rise

Others Also Read