Andrew P. Power is the current CEO of Digital Realty Trust, Inc., a major player in the global data center industry since December 2022. Before stepping into the CEO role, he was the Chief Financial Officer for the company from...

Number of Employees

3.66K

Year

2023

Total Compensation

$6.80M

Salary

$802.31K

Board Justification

The compensation program is designed to attract, retain, and motivate executives while aligning their interests with stockholder value through performance-based incentives.

Bonus

$1.81M

Board Justification

Annual incentive bonus earned based on the attainment of corporate and individual performance goals for 2023, representing 113% of the target bonus.

Other

$790.92K

Board Justification

Includes insurance premiums, distributions from unvested long-term incentive awards, retirement match, and other benefits.

Restricted Stock

$3.40M(33.91K PIUs)

Board Justification

Time-based long-term incentive awards granted in 2023, which are subject to time-vesting over four years, with 25% vesting each year.

Performance Metrics

Core FFO per share, SS NOI growth, leverage, and individual performance goals.

SEC Filing

From April 26, 2024

Andrew P. Power

CEO of Digital Realty

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Education

Bachelor of Science in Analytical Finance from Wake Forest University

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1981 - 44 years ago

Is Founder?

No

Current Tenure

2 years 0 months (Dec 2022 - Present)

Previous Experience

Chief Financial Officer of Digital Realty Trust, Inc. since 2015, Managing Director at Bank of America Merrill Lynch