DataBank Announces New CEO & Executive Appointments
Tim Moore retires as DataBank's Chief Executive. Raul K. Martynek assumes the role and Kevin Ooley promoted to President
Dallas, TX - May 18, 2017 - DataBank, Ltd., a Digital Bridge portfolio company and leading provider of business solutions for data center, cloud, interconnectivity, and managed services announced today that Raul Martynek has been named Chief Executive Officer, replacing Tim Moore, who will be retiring from the Company at the end of the month. Mr. Martynek, a seasoned C-Suite telecommunications and data center executive, most recently was a senior member of the Digital Bridge Data Center team. Mr. Moore will continue to serve the Company as an advisor focusing on development projects until the end of the year. The Company also announced that Kevin Ooley, the Company CFO, has been promoted to President and CFO.
"I really felt this was the right time for me to make this transition, and when I approached the board with my decision, I was asked to create the plan for succession," said Tim Moore. "I could not be happier about leaving the Company in such good hands. I am very proud of what we have accomplished and I couldn't be more excited to watch the business continue to grow under the leadership of Raul and Kevin."
"I am thrilled to have the opportunity to join such a great team," said incoming CEO, Raul Martynek. "DataBank has built a tremendous platform with a strong presence in all their markets and deep customer relationships. I'm excited to leverage my past experiences to continue to grow the Company and expand our services portfolio in response to our customers' needs. DataBank will continue to undertake new developments, pursue tuck-in acquisitions as well as evaluate strategic transformational transactions consistent with our strategy." Martynek continued, "I am especially pleased that Kevin will be taking on additional executive responsibilities as President and I expect him to have a tremendous impact on the business."
"Raul has a proven track record of success in our industry and that gives me great confidence that the company will continue to flourish," commented Mike Foust, Chairman of DataBank and the former Founder and CEO of Digital Realty Trust. "I look forward to working with Raul, Kevin and the rest of the executive team in building the leading datacenter and managed services provider in our sector."
Mr. Martynek joins DataBank from Digital Bridge where he served as a Principal and Senior Advisor since December 2015. Mr. Martynek has a broad background managing and growing telecommunications and internet infrastructure companies over the last 20 years. Mr. Martynek was most recently the Chief Executive Officer of Net Access, a NY metro based colocation and managed services company acquired by Cologix. Prior to that, Mr. Martynek was the CEO of three other telecommunications infrastructure companies including Voxel dot Net, Smart Telecom Co., and Infohighway Communications, as well as the COO at Eureka Networks.
"Raul has been a close and trusted advisor for quite some time and he is the perfect choice to lead DataBank," said Marc Ganzi, Chief Executive Officer of Digital Bridge. "Under Tim's guidance DataBank has enjoyed wonderful success, and I am confident Raul's skills and prior experiences will continue to drive DataBank's continued expansion."
To learn more about DataBank, the company's data center facilities and suite of service solutions please visit the company site at www.databank.com.
DataBank is a leading provider of enterprise-class data center, cloud solutions, interconnectivity, and managed services which offers customers 100% uptime availability of their data, applications and infrastructure. In our world-class data center facilities we offer customized technology solutions designed to help our clients effectively manage risk, improve their technology performance and allow them to focus on their core business objectives. DataBank is headquartered in the historic former Federal Reserve Bank Building, in downtown Dallas, TX. For additional information on DataBank locations and services, please visit www.databank.com or call 1(800) 840-7533.
About Digital Bridge Holdings
Founded in 2013 by Marc C. Ganzi and Ben Jenkins, Digital Bridge is focused on the ownership, investment and active management of companies in the communications infrastructure sector. Since inception, Digital Bridge has raised over $6.3 billion of debt and equity capital used to acquire and invest in the development of communications infrastructure businesses, including Vantage Data Centers, DataBank, ExteNet, Vertical Bridge, Andean Tower Partners, and Mexico Tower Partners.