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...

Current Market Cap

$60.77B

Number of Employees

3.66K

Total Compensation

2022 - 2023

Trending down by -26.91% last year
Showing total compensation for the last 2022 - 2023

Stock

Down by -52.93% last year

Salary

Up by 24.37% last year

Bonus

Up by 79.72% last year

Other

Up by 83.08% last year

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 - 43 years ago

Is Founder?

No

Current Tenure

1 year 11 months (Dec 2022 - Present)

Previous Experience

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

View Holdings

Insider Holdings of Andrew P. Power

COLDDLR

$34.50M

$8.58M (33.12%)

Last Insider Trade

DLR

$2.40M

DLR at $155.00/share

Oct 8, 2020

Sale