William Luby to step down from Equinix BoD
Digital infrastructure provider Equinix Inc (NASDAQ:EQIX) has announced changes to its Board of Directors.
William Luby, a member of the Board of Directors of Equinix since April 2010, has notified the Board that he would not stand for reelection as a director of the Company after nearly 11 years of service on the Board.
Equinix notes that Mr Luby’s decision not to stand for reelection was not due to any disagreement with the company on any matter relating to the company’s operations, policies or practices. Mr Luby’s term will end at the company’s 2021 annual meeting of stockholders to be held in May 2021.
William Luby has served as a member of Equinix’s Board since April 2010. He has been the managing partner of Seaport Capital, a private equity firm, and its predecessor companies since 1996. He previously was a managing director at Chase Capital, the private equity affiliate of the Chase Manhattan Corporation.
Mr Luby also serves on the board of directors of several privately held companies, and previously served as chairman of the board of directors of Switch & Data Facilities Company, a public company, prior to its acquisition by Equinix in 2010. Mr Luby has been an active investor in the telecommunications industry for 20 years.