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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): June 9, 2022 

 

EQUINIX, INC.

(Exact Name of Registrant as Specified in Charter) 

 

Delaware

 

001-40205

 

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))

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.

 

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, $0.001

 

EQIX

 

The NASDAQ Stock Market LLC

0.250% Senior Notes due 2027

 

 

 

The NASDAQ Stock Market LLC

1.000% Senior Notes due 2033

 

 

 

The NASDAQ Stock Market LLC

 

 

 


 

 

 

Item 5.02. Election of Director

Equinix, Inc. (“Equinix”) has elected Jeetu Patel and Fidelma Russo as independent directors to its Board of Directors (the “Board”), effective June 9, 2022. With the election of Mr. Patel and Ms. Russo, Equinix’s Board now consists of eleven members.

Mr. Patel will serve as a member of the Board’s Nominating and Governance Committee and Ms. Russo will serve as a member of the Audit Committee.

As members of Equinix’s Board, Mr. Patel and Ms. Russo will receive Equinix’s standard compensation for non-employee directors.

Item 8.01 Other Events

On June 13, 2022, Equinix issued a press release announcing the election of Mr. Patel and Ms. Russo 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 June 13, 2022.

 

 

104

Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document

 

 


 

 

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.

 

 

EQUINIX, INC.

 

 

 

 

 

 

DATE: June 13, 2022

By:

/s/ KEITH D. TAYLOR

 

 

Keith D. Taylor

 

 

Chief Financial Officer

 

 

 

 

 

Exhibit 99.1

Equinix Announces Two New Appointments to Board of Directors



Company appoints Fidelma Russo, Hewlett Packard Enterprise CTO and Jeetu Patel, Cisco EVP and GM of Security and Collaboration

REDWOOD CITY, Calif., June 13, 2022 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, today announced the appointments of Fidelma Russo and Jeetu Patel to the Equinix Board of Directors. Russo will also serve as a member of the Board's Audit Committee, and Patel will be joining the Nominating and Governance Committee. Effective June 9, 2022, their appointments bring the number of directors on the Equinix Board to 11.

As Chief Technology Officer at Hewlett Packard Enterprise, Russo leads the innovation agenda and technology roadmap, managing the design and development of the portfolio to deliver GreenLake edge-to-cloud customer experiences to the market. She is passionate about working with customers to help them reimagine their information technology needs and deliver a simple, consumable solution that helps them drive business results.

Patel serves as Cisco's Executive Vice President and General Manager of Security and Collaboration. In addition to leading the strategy and development for these businesses, he also owns P&L responsibility for this multibillion-dollar portfolio. Jeetu combines a bold vision, steeped in product design and development expertise, operational rigor and innate market understanding to create high-growth Software as a Service (SaaS) businesses.

Highlights/Key Facts

  • Fidelma Russo was named Chief Technology Officer at Hewlett Packard Enterprise in September 2021. She has more than 30 years of technology leadership spanning cloud services, machine learning and analytics, global IT business services, servers, storage, networking, backup and infrastructure.
  • Prior to joining HPE, Russo served as Senior Vice President and General Manager of the Cloud Services business unit at VMware. She has also held several notable senior leadership positions at Iron Mountain, Inc., EMC Corp., Hewlett-Packard Co. and Sun Microsystems, Inc., and served on the Supervisory board of Wolters Kluwer B.V.
  • Russo holds a Bachelor of Engineering degree in electrical engineering from University College Cork, a Master's in Computer Science from Boston University, and completed the Internet of Things Executive Education program at MIT's Sloan School of Management. She currently serves as a director of SBA Communications and sits on the Audit Committee and the Nominating and Governance committee.
  • A member of the Executive Leadership Team, Jeetu Patel is helping to redefine Cisco's SaaS business and strategy to further accelerate the company's transformation and growth. There he is working to build world class, subscription-based products that solve Cisco customers' biggest problems.
  • Prior to joining Cisco, Patel was the Chief Product Officer and Chief Strategy Officer at Box, a role he pioneered. Earlier in his career, Patel served as General Manager and Chief Executive of EMC's newly acquired Syncplicity business unit. Other key roles at EMC included CMO for the Information Intelligence Group and Chief Strategy Officer, where he drove the organic and inorganic strategy for the division's cloud and mobile growth. Previously, Patel was President of Doculabs, a research and advisory firm co-owned by Forrester Research.
  • Jeetu holds a Bachelor of Science in Information Decision Sciences from the University of Illinois, Chicago, and currently serves on the board of JLL, an American commercial real estate services company.

Quote

  • Peter Van Camp, Executive Chairman, Equinix

"We are thrilled to add two accomplished and seasoned business leaders from world-class companies to the Equinix board. We believe Fidelma's and Jeetu's careers and vital operating roles provide the relevant experience and deep understanding to be a tremendous benefit as we continue to create long-term distinctive value for Platform Equinix. I look forward to working with them as we support our customers on their digital transformation journeys."

About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.

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, risks to our business and operating results related to the ongoing COVID-19 pandemic; the current inflationary environment; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX and xScale 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; 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 and upcoming 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 Relations, press@equinix.com OR Equinix Investor Relations, invest@equinix.com