Digital Realty names Andy Power as CEO, succeeding A. William Stein

Digital Realty announced that its Board of Directors has appointed current President and CFO, Andrew Power, as its CEO and to the Board of Directors, effective immediately. CEO A. William Stein has departed from his role as CEO and resigned from the Board of Directors. Stein will remain with the company through year end. Prior to joining Digital Realty, Power held positions of increasing responsibility in investment banking, having most recently served as Managing Director at Bank of America Merrill Lynch. Power was also a member of the lead underwriting team that advised Digital Realty on its initial public offering in 2004.