Equinix names Shane Paladin as chief customer and revenue officer

REDWOOD CITY, Calif. - Equinix, Inc. (NASDAQ:EQIX), the $74 billion market cap digital infrastructure giant, appointed Shane Paladin as Executive Vice President and Chief Customer and Revenue Officer (CCRO), effective Monday, according to a press release statement.

Paladin, who has over 20 years of global experience in go-to-market strategies, will lead the company’s customer experience and overall go-to-market approach. His responsibilities include overseeing Sales, Marketing, Customer Care and Experience, and Revenue Operations, as well as managing key account relationships and channel partnerships. The appointment comes as Equinix maintains strong financial health, earning a GOOD rating from InvestingPro analysts.

Prior to joining Equinix, Paladin spent more than 11 years at SAP in various customer-focused roles, including President of Services and EVP Sales. Most recently, he served as CEO of Siteimprove, a multinational Software as a Service company. His previous experience also includes leadership positions at SignalFx, Ayasdi, and FocusFrame.

"Shane has an exceptional track record in leadership roles across numerous sales and service organisations, as well as in serving at the chief-executive level," said Adaire Fox-Martin, Chief Executive Officer and President of Equinix.

Paladin will report directly to Fox-Martin and serve on the Equinix Global Executive Leadership Team.

Equinix, which describes itself as "the world’s digital infrastructure company," provides data center and interconnection services globally. The company is listed on the Nasdaq exchange under the ticker EQIX. With annual revenue of $8.8 billion and a 2.48% dividend yield, Equinix continues to expand its global footprint. The company will report its next earnings on July 30, with analysts maintaining a bullish outlook. For detailed analysis and additional insights, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Equinix reported better-than-expected financial results for the first quarter of 2025, though some key performance indicators fell short of expectations. The company raised its full-year 2025 guidance for revenue, EBITDA, and AFFO per share, reflecting a positive outlook despite mixed guidance for the second quarter. 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 also maintained its Buy rating with a $974 price target, citing Equinix’s potential in the growing AI inference market. However, Truist Securities lowered its price target to $904 due to near-term earnings pressure and higher leverage from Equinix’s largest-ever build cycle. Mizuho also reduced its price target to $900, pointing to revised growth projections and potential financing challenges. Citi adjusted its price target to $950, reflecting updated financial guidance and higher financing costs. Despite these adjustments, Citi and other firms continue to recommend Equinix as a Buy, citing its long-term growth potential and market position.

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