Andrew (Andy) Power is President and Chief Executive Officer and a member of the Board of Directors of Digital Realty. Previously, he served as Digital Realty’s Chief Financial Officer.
Prior to joining Digital Realty, Power held positions of increasing responsibility at Bank of America Merrill Lynch, where he served as Managing Director of Real Estate, Gaming, and Lodging Investment Banking and was responsible for relationships with over 40 public and private companies, including Digital Realty. Prior to that, he was employed by Citigroup, where he held similar positions. Throughout his banking career, he managed the execution of over 30 billion USD of public and private capital raises, including the largest real estate investment trust (REIT) IPO at that time, and more than 19 billion USD of merger and acquisition transactions.
Power also serves on the Board of Directors of Americold Realty Trust (NYSE: COLD), where he is a member of the audit and investment committees. He likewise joined The Real Estate Roundtable’s Board of Directors for a three-year term in July 2024.
He received a BS in Analytical Finance from Wake Forest University in North Carolina.
Over the last decade, you have held several C-suite leadership roles at Digital Realty. Can you share with us what your journey at the company has been like so far?
I officially joined Digital Realty in the Spring of 2015 as Chief Financial Officer, although my relationship with the company goes back to 2004, before the company went public. At the time, I was working at Citigroup and part of the lead underwriting team that advised Digital Realty on its initial public offering. My relationship with Digital Realty continued through the years, and I served as a lead manager on nearly every subsequent public capital raise.
During my time initially as Chief Financial Officer and then President, my responsibilities expanded to include global portfolio operations, technology development and innovation, service provider and enterprise customer solutions, asset management and information technology, and the company’s financial functions across its global platform. During those seven years, Digital Realty transformed into a global player through strategic mergers and acquisition (M&A), investments in new data centers, and expansion of its capabilities to support a broad customer base.
