October 28, 2005 -- (WEB HOST INDUSTRY REVIEW) -- Data center and Internet exchange service provider Equinix (equinix.com) announced this week that its president and chief operating officer Phil Koen plans to resign effective March 2, 2006. After his departure, Koen will act as a strategic advisor.
Koen joined Equinix in July 1999 as chief financial officer, helping to build Equinix's initial operating and financial functions. He helped secure more than $800 million in public and private financing, including completing Equinix's initial public offering in August 2000.
In May 2001, he was appointed president and COO where he led the company's efforts to build out US Internet business exchange centers. He has also helped to greatly improve the company's Asia Pacific presence, where it is now showing increasingly positive financial results.
"Phil was one of the original members of the executive team during its initial start-up," says Peter Van Camp, CEO of Equinix. "His leadership, strategic vision and tenacity throughout the years have helped Equinix achieve the market leadership position we hold today. With Phil's assistance, we will be working together over the next four months to ensure a smooth transition."
