CyrusOne CEO replaced by exec who was set to quit
.jpg)
CyrusOne President and CEO Gary Wojtaszek is stepping down from his roles "by mutual agreement with the Board," the data center REIT announced. His replacement Tesh Durvasula, was previously announced to be leaving the company, amid significant staff reductions.
Durvasula was head of the company's European efforts in January, when CyrusOne announced that he would be leaving, along with 12 percent of the company. Now it has announced he will serve as CEO on an interim basis, and stand as a candidate for the long-term post. No reason has been given for Wojtaszek's sudden departure - nor for Durvasula's non-exit.
Wojtaszek will provide transition assistance.
CyrusOne less
“It has been a tremendous journey and privilege to serve as the CEO and a Board member of CyrusOne since its IPO and spin-off from Cincinnati Bell," Wojtaszek said in a statement.
"From helping take the company public, to expanding overseas and emerging as one of the top data center companies in the world, I am incredibly proud of what we have accomplished and the culture we have created. I believe in the mission of CyrusOne, I have confidence in Tesh and the team, and look forward to seeing the company continue to succeed and expand.”
The company has grown under Wojtaszek, building out its data center portfolio to more than 45 facilities across the US, Latin America, and Europe, as well as investing $100m in China's GDS.
But the company has seen its finances struggle to support its investment levels, with takeover rumors dogging the company throughout 2019. It ended the year with the news that its New York data center had suffered a ransomware attack, and began 2020 with the revelation that it planned to lay off some 12 percent of its staff. At the time, Wojtaszek blamed the decision on market conditions, including "the continued moderation in demand from hyperscale customers."
Among the employees let go was Tesh Durvasala. The company said that it had "mutually agreed" with Durvasula that he would leave "to pursue other interests, effective March 1, 2020, and remain in a consulting role through June 30, 2020." That appears to no longer be the case.
Ahead of the decision for Wojtaszek to step down, the CEO sold some $7.9m shares in CyrusOne across December and January, public disclosure data reveals.
“I know that I speak for everyone at CyrusOne in thanking Gary for his strong leadership and vision," Durvasula said. "Over the years, Gary has helped create a strong company culture at CyrusOne focused on excellent customer service and delivering shareholder value, which will remain unchanged.”
source datacenterdynamics
Industry: Data Centre / Data Center
Latest Jobs
-
- Senior Presales Consultant | Managed Security Services | London
- London
- N/A
-
Senior Presales Consultant – Managed Security Services Location: London-commutable (Hybrid) A well-established cyber consultancy is seeking a Senior Presales Consultant to drive growth across its managed security services / advisory portfolio. This hybrid role bridges commercial and technical expertise supporting solution design, shaping customer proposals, and guiding conversations from scoping through to delivery. Key experience: Background in managed security services, including SOC operations and threat detection Strong knowledge of cloud and on-prem security tooling (SIEM, EDR, IAM) Penetration testing Proven ability to translate technical concepts into clear business value Confident in customer-facing engagements and pre-sales delivery Experience contributing to bids, proposals, and RFI/RFP responses To find out more contact me on 07884666351 Visa sponsorship is unfortunately not available for this role.
-
- Senior SOC Engineer - Microsoft | Splunk. Permanent. London
- London
- N/A
-
Senior SOC Engineer – Hybrid London Type: Full-Time A well-established cyber security provider is seeking a Senior SOC Engineer to strengthen its managed services function. This role is ideal for someone with a strong operational background in SIEM and EDR tools who can confidently lead customer onboarding, fine-tune detection strategies, and act as a senior point of contact for technical escalations. You will need to be SC clearable. Bonus points if you have SC clearance currently. You will be responsible for ensuring smooth integration of new clients into the service, optimising alerting capabilities and delivering meaningful outcomes during investigations. This is a hands-on position, working closely with internal teams and external stakeholders to maintain robust security operations across multiple environments. Prior experience in a cyber-focused MSP or MSSP Strong hands-on capability with platforms such as Microsoft Sentinel, Defender for Endpoint, or similar Proficiency in scripting and query languages such as KQL or PowerShell Knowledge of detection logic, investigation workflows, and cloud-based infrastructure Confident communicator with strong documentation and reporting skills Apply today for more information.
-
- New Business | Cyber Security | Overlay sales (UK Based- London commutable)
- London
- N/A
-
New Business Sales Hunter needed | Cybersecurity (UK Based- London commutable) Are you looking for uncapped commission, a fun and sociable team that drives success with no politics? If so...You must Have a demonstrable history of sales success in Cyber Security Follow Weatons law. The role: Seeking a proven New Business Sales Hunter to join an established, successful and expanding team. New business focused - £500-750 GP Sell a blend of security services & professional services. Ideal experience selling some or all of the following Cyber strategy & risk management Managed detection & response (MDR) Penetration testing Compliance & audit support You: Strong cybersecurity/IT services sales track record. Confident selling into mid-market & enterprise. UK based - London commutable Hunter mindset, full sales cycle ownership. Don't just send an email to apply give me a call on 07884666351