Data Center Firm FiberMedia Names CFO

Robert Doherty, chief financial officer at FiberMedia

(WEB HOST INDUSTRY REVIEW) — Data center operator FiberMedia (www.fibermedia.net) announced on Wednesday it has named Robert Doherty the company’s chief financial officer.

This is the second major appointment the company has announced this year, following last month’s appointment of John Panzica to senior vice president of sales.

The company recently received private equity funding to scale operations for clients.

In this role, Doherty will be responsible for managing the finance and accounting functions and strategic planning for the company.

“Due to our significant growth and data center expansion, FiberMedia sought to add an experienced CFO to our executive team,” says Michael Bucheit, CEO of FiberMedia. “The hiring of Robert Doherty brings added credibility, financial oversight and executive leadership to our talented team of data center professionals.”

Doherty joins FiberMedia with over 20 years of expertise in corporate finance. He formerly served as CFO for Metromedia Fiber Network, which is now called Abovenet. 

Most recently, he was a partner at Redwood Capital. He has also held senior positions at firms such as Citigroup, PaineWebber and Jefferies.

FiberMedia provides colocation, cloud and managed IT services to enterprise firms mostly in the financial services, content & media, health care and high-tech industries. 

The company’s colocation data centers are fully redundant N+1, SAS70 type II facilities that allow enterprise firms to deploy mission critical infrastructure and benefit from flexible service provisioning.

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