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REDWOOD CITY, Calif. - Equinix, Inc. (NASDAQ:EQIX), a $74.89 billion market cap digital infrastructure leader, has appointed Arquelle Shaw as President, Americas, effective immediately, according to a company statement released Thursday. According to InvestingPro data, the company maintains a "GOOD" financial health score, reflecting its strong market position.
Shaw, who has been with the digital infrastructure company since 2019, will oversee management, strategy and growth across the Americas region. She most recently served as Senior Vice President of Sales for the Americas for the past six years and will continue in this capacity through the end of the third quarter while transitioning to her new role. The appointment comes as Equinix maintains steady growth, with revenue increasing 5.67% over the last twelve months to $8.81 billion.
"Arquelle is a dynamic and proven leader with a deep understanding of the customer journey and a strong track record of driving transformational growth," said Jon Lin, Chief Business Officer at Equinix, in the press release.
Prior to joining Equinix, Shaw held senior positions at Accenture, American Express and AT&T, bringing more than two decades of experience in enterprise technology, sales and business transformation to her new position. She also serves as a board member for the Equinix Foundation.
The Americas region represents Equinix’s largest and fastest-growing market, encompassing operations across the United States, Latin America and Canada.
Equinix operates data centers globally and provides digital infrastructure services that connect organizations across various economies and regions.
In other recent news, Equinix reported better-than-expected financial results for Q1 2025, although some key performance indicators fell short of expectations. The company provided mixed guidance for Q2 2025 but raised its full-year 2025 outlook for revenue, EBITDA, and AFFO per share. Guggenheim initiated coverage on Equinix with a Buy rating and a price target of $933, highlighting the company’s strong position in the data center sector. TD Cowen reiterated its Buy rating with a $974 price target, noting Equinix’s long-term growth potential in AI inference data centers. Truist Securities maintained a Buy rating but lowered its price target to $904, citing near-term earnings pressure from Equinix’s significant build cycle for AI infrastructure. Mizuho also maintained an Outperform rating but reduced its price target to $900, referencing revised growth projections and financing challenges. In executive news, Equinix appointed Shane Paladin as Executive Vice President and Chief Customer and Revenue Officer, bringing over 20 years of global experience to the role. These developments reflect ongoing strategic adjustments and market evaluations as Equinix positions itself for future growth.
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