Story image

Equinix CEO leaves company after 11 years over poor judgment in employee matter

01 Feb 2018

After eleven years, Steve Smith has resigned as CEO of Equinix and from the data center company’s Board of Directors after exercising poor judgment with respect to an employee matter.

The Equinix Board of Directors accepted Smith’s resignation “in the best interests of the company”, and has appointed executive chairman Peter Van Camp as interim CEO.

"The Board gave this matter the deepest consideration and recognizes the many contributions Steve made over the past eleven years to achieve the global scale, reach and market leadership the company enjoys today. He has worked hard to grow and sustain the business, and we greatly appreciate his efforts," explains Van Camp.

The Board will commence a formal process to appoint a new CEO. Gartner analyst Ted Chamberlin, in an article for DataCenterNews, says he would not be surprised if an internal candidate emerged for the CEO role.

“Charles Meyers and Karl Strohmeyer make the most sense,” Chamberlin said in the article. 

Van Camp commented on the matter, saying this action was not related to the company's operational performance or financial condition.

“Board and leadership team remain fully committed to the strategy,” adds Van Camp. 

Van Camp has been with Equinix in key roles for more than 17 years. Van Camp served as CEO of Equinix for seven years (2000 to 2007). Since 2007, he has served as executive chairman of the Equinix Board of Directors.

Van Camp will retain his Executive Chairman responsibilities during the interim period.

Van Camp adds, "The company is well-positioned strategically, with tremendous depth at the leadership level and a passionate team that will guide the business and continue to drive the performance of the company.”

“With our 2018 strategy and plan securely in place, we are well-positioned to capitalize on the role Equinix plays in helping companies evolve from their traditional business practices to the digital world by globally interconnecting with the people, locations, cloud services and data critical to their operations."

Developing APAC countries most vulnerable to malware - Microsoft
“As cyberattacks continue to increase in frequency and sophistication, understanding prevalent cyberthreats and how to limit their impact has become an imperative.”
Dropbox invests in hosting data inside Australia
Global collaboration platform Dropbox has announced it will now host Australian customer files onshore to support its growing base in the country.
Opinion: Meeting the edge computing challenge
Scale Computing's Alan Conboy discusses the importance of edge computing and the imminent challenges that lie ahead.
Alibaba Cloud discusses past and unveils ‘strategic upgrade’
Alibaba Group's Jeff Zhang spoke about the company’s aim to develop into a more technologically inclusive platform.
Protecting data centres from fire – your options
Chubb's Pierre Thorne discusses the countless potential implications of a data centre outage, and how to avoid them.
Opinion: How SD-WAN changes the game for 5G networks
5G/SD-WAN mobile edge computing and network slicing will enable and drive innovative NFV services, according to Kelly Ahuja, CEO, Versa Networks
TYAN unveils new inference-optimised GPU platforms with NVIDIA T4 accelerators
“TYAN servers with NVIDIA T4 GPUs are designed to excel at all accelerated workloads, including machine learning, deep learning, and virtual desktops.”
AMD delivers data center grunt for Google's new game streaming platform
'By combining our gaming DNA and data center technology leadership with a long-standing commitment to open platforms, AMD provides unique technologies and expertise to enable world-class cloud gaming experiences."