0001101239 false 0001101239 2019-10-06 2019-10-07 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549 

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): October 7, 2019

 

 

 

EQUINIX, INC.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   000-31293   77-0487526
(State or Other Jurisdiction
of Incorporation) 
  (Commission
File Number) 
  (I.R.S. Employer
Identification No.) 

 

One Lagoon Drive
Redwood City, CA 94065
(Address of Principal Executive Offices, and Zip Code)
 
(650) 598-6000
Registrant’s Telephone Number, Including Area Code
 
 
(Former Name or Former Address, if Changed Since Last Report) 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  ¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ¨ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ¨ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

  

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common stock, par value, $0.001 per share EQIX The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

   

 

  

Item 5.02. Election of Director.

 

Sandra Rivera has been elected as an independent director to the Board of Directors (“Board”) of Equinix, Inc. (“Equinix”), effective October 7, 2019. With the election of Ms. Rivera, Equinix’s Board now consists of 10 members. Ms. Rivera will also serve as a member of the Board’s Compensation Committee.

 

As a member of Equinix’s Board, Ms. Rivera will receive Equinix’s standard compensation for non-employee directors.

 

Item 8.01. Other Events.

 

On October 8, 2019, Equinix issued a press release announcing the election of Ms. Rivera to the Board. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

  (d) Exhibits.

 

  99.1 Press Release of Equinix, Inc. dated October 8, 2019.

  

 2 

 

 

SIGNATURES

  

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

DATE:  October 8, 2019 EQUINIX, INC.  
       
       
  By: /s/ Keith D. Taylor  
    Keith D. Taylor  
    Chief Financial Officer    

 

 

 3 

 

 

EXHIBIT INDEX

  

  Exhibit    
  Number   Description
       
  99.1   Press Release of Equinix, Inc. dated October 8, 2019.

 

 

 

 

 

 

Exhibit 99.1
 

Equinix Appoints Sandra Rivera to Board of Directors

REDWOOD CITY, Calif., Oct. 8, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the appointment of Sandra Rivera to the Equinix Board of Directors. Rivera will also serve as a member of the Board's Compensation Committee. Her appointment brings the number of directors on the Equinix Board to 10.

Highlights/Key Facts

  • Rivera is a 19-year veteran of Intel Corporation, where she has served in multiple senior leadership positions, including roles within the Intel Network Platforms Group, the Communications and Storage Infrastructure Group, and the Modular Communications Products division. She currently serves as Executive Vice President and Chief People Officer.
  • A technical leader with an engineering background, Rivera also has extensive experience in global sales, product marketing, segment marketing and ecosystem strategy. She has served in a leadership capacity at Intel on key topics, including 5G, network functions virtualization (NFV) and software-defined networking (SDN).
  • As Senior Vice President and General Manager of the Intel Network Platforms Group, Rivera led a global organization of more than 3,000 employees that has been one of the Data Center Group's key growth businesses.
  • In her current role as Executive Vice President and Chief People Officer, Rivera leads Intel's Human Resources organization and is responsible for driving greater business results through a culture that embraces diversity and inclusion globally.
  • Prior to Intel, Rivera co-founded and served as president of The CTI Authority, a distributor of computer telephony integration (CTI) products, which was acquired by Catalyst Telecom. After the acquisition, she served as General Manager of the Computer Telephony Division at Catalyst Telecom.
  • Rivera received her Bachelor of Science degree in Electrical Engineering from Pennsylvania State University.

Quote

  • Peter Van Camp, Executive Chairman, Equinix
    "Sandra brings more than 20 years of experience in the networking and communications technology space to the Equinix Board of Directors. Her background at Intel and other leading technology companies will bring a valuable perspective to the Board as Equinix continues to develop its global interconnection and data center platform that is a key ingredient in the IT infrastructure of today's businesses."

About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centers. On this global platform for digital business, companies come together across more than 50 markets on five continents to reach everywhere, interconnect everyone and integrate everything they need to create their digital futures. www.Equinix.com.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.



CONTACT: Equinix Media Contact (Global) David Fonkalsrud, +1 650-598-6240, dfonkalsrud@equinix.com; Investor Relations Contacts Katrina Rymill, +1 650-598-6583, krymill@equinix.com; Chip Newcom, +1 650-598-6262, cnewcom@equinix.com