The founder and CEO of one of the largest artificial intelligence data center landlords in the country left his job four months ago, and new details are emerging about his multibillion-dollar departure agreement.
Private equity giant Blackstone, the parent company of QTS, paid $3B to buy Chad Williams’ shares in the company as part of the CEO’s March departure, Bloomberg reported Thursday, citing anonymous sources.
The decision was made after the board members determined there needed to be new leadership to ensure QTS’ future growth. Williams was replaced by co-CEOs David Robey and Tag Greason atop the $60B data center development firm.
Greason and Robey plan to push a more aggressive global strategy and…