CyrusOne last Friday announced that Chief Financial Officer Katherine Motlagh will step down from her role effective June 1, 2023. Michael Schafer, the Company’s Senior Vice President, Finance, will assume the role of interim CFO upon Motlagh’s departure.
Schaffer has nearly three decades of progressive experience in corporate finance and currently leads our investor reporting, FP&A, and treasury functions, as well as being a key member of our capital markets team. The Company has commenced an internal and external search to identify a permanent CFO.
Eric Schwartz, President and Chief Executive Officer of CyrusOne
On behalf of the entire CyrusOne team, I would like to thank Katherine Motlagh for her leadership and many contributions to our company, including helping the company navigate the pandemic, her role in the historic take-private, and navigating the current challenges of the capital markets. We wish her all the best in her future endeavors. We are fortunate to have a bench of talented leaders at CyrusOne. Michael Schafer, who joined the company in 2013, will bring his steady leadership and deep knowledge of our company to the CFO role, supporting our continued execution as we conduct a search for our next CFO.
