Digital Realty announced that its Board of Directors has appointed Laurence A. Chapman as Chairman of the Board, in keeping with the company's commitment to sound corporate governance practices and longer-term succession planning. Mr. Chapman's appointment as Chairman is effective as of May 8, 2017 and follows his appointment as Vice Chairman in July 2016. The governance principle behind these changes is balancing fresh thinking and new perspectives with experience and continuity. Former Chairman Dennis E. Singleton will continue to serve on the Board of Directors in his recently appointed role as Chair of the Compensation Committee. Mr. Chapman has served on Digital Realty's Board of Directors since 2004. In addition to his new role as Chairman, Mr. Chapman will continue to serve as a member of the Audit Committee. Mr. Singleton joined Digital Realty's Board of Directors in 2004 and was appointed Chairman in 2012. Over that time, he has successfully overseen numerous fundamental transitions in Digital Realty's business, including a significant international expansion and two large strategic acquisitions that have meaningfully enhanced the company's growth profile and product mix.