FiberMedia is Poised for Expansion As it Adds Seasoned Industry Executive
To Focus on High Growth Opportunities
Secaucus, NJ – September 19, 2012 – FiberMedia Group, LLC, a leading data center services provider with facilities throughout the New York metropolitan area and Cleveland, OH, announces today the addition of Keith Olsen to its distinguished Board of Directors. In this capacity, Mr. Olsen will play an instrumental role in strategy setting and growth execution.
Mr. Olsen has had a distinguished career leading high-growth businesses in the data center and network services sectors for over 30 years. As President and CEO of Switch and Data Facilities Company, Inc. he was responsible for leading the organization’s initial public offering in 2007 – now regarded as one of the most successful IPOs in the data center industry – as well as its three accretive acquisitions and a successful company sale. Under his leadership, the company reported consecutive quarterly growth in both revenue and EBITDA and was acquired by Equinix in 2010.
Prior to his success at Switch and Data, Mr. Olsen served as a Vice President of AT&T’s Advanced Business Services Division, where he identified several untapped revenue routes that resulted in six consecutive years of significant revenue growth – outpacing the industry’s growth each year to generate over $1.8 billion in revenue. Prior to joining AT&T, Mr. Olsen served as Vice President of Graphnet, Inc., a leading provider of integrated applications and communication services, where he was responsible for leading global sales, marketing and operations. In addition to serving on the board of FiberMedia Group, he also sits on the Board of Directors of RigNet, a public company listed on NASDAQ and Intelepeer, a privately held company.
“Keith brings to FiberMedia a unique blend of proven growth ingredients – honed strategic vision as well as roll-up-your-sleeves growth execution expertise”, comments Michael Bucheit, CEO of FiberMedia Group. “His role with FiberMedia is focused on expansion – organically as well as through mergers and acquisitions. It is very difficult to find a seasoned executive with such a distinguished growth track record in this industry.”
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About FiberMedia Group, LLC:
FiberMedia Group is a privately held data center services company that provides Intelligent Data Center Solutions to enterprise customers. Intelligent Data Center Solutions seamlessly deliver both the resiliency and security of physical infrastructure and the flexibility and cost-effectiveness of the Cloud. Intelligent Data Center Solutions are significantly more cost-effective and adapt to the dynamic IT needs of global businesses. The company’s data centers are strategically located in six markets offering both primary and disaster recovery/business continuity services: Secaucus NJ, Westchester NY, Manhattan NY, Brooklyn NY, Jersey City NJ, and Cleveland OH.
For FiberMedia Group media inquiries, please contact:
iMiller Public Relations
Tel: +1 866 307 2510