STACK steps into Asia, appoints regional execs
STACK Infrastructure has taken its first step into the Asia Pacific market with the opening of its Singapore HQ – and it has also named its new Asia-Pacific CEO.
The wider expansion plans will see STACK initially target Tokyo and Osaka, with plans to enter Hong Kong, South Korea, Australia, and other Asia Pacific markets.
The IPI Partners-backed data centre operator will do this through a combination of acquisitions and organic development in partnership with landowners and real estate platforms.
Group CEO Brian Cox said: “The launch of STACK Asia Pacific represents an exciting milestone in the evolution of our company.
“We are committed to building out international markets that are strategic to our customers, and our expansion to Asia Pacific is a natural next step in offering flexible critical infrastructure solutions that meet and support their complex and evolving requirements. We are pleased to welcome Preet, a proven leader in the industry, to our team and look forward to benefitting from his local investment, development, and operating expertise.”
Heading the regional activities, Pithambar (Preet) Gona has joined the company as CEO Asia Pacific, and is supported by Tom Duncan, who recently joined STACK Asia Pacific to lead business development.
Gona previously served as the president, CFO, and chief investment officer of Bridge Data Centres, which merged with ChinData Holdings.
Prior to Bridge, Gona was MD at Blackstone where he was responsible for the firm’s private equity operations in Southeast Asia. In his new role he will be based in Singapore
Duncan joined the company from CBRE where he implemented data centre technology solutions in Asia Pacific, developing site selection expertise and customer relationships over his 13-year tenure.
Their appointments follow those of Donna Lynch to VP of environment, health, and safety and CTO Val Milshtein earlier this year.
Gona said: “STACK has proven itself as a trusted partner to hyperscale and enterprise customers through its innovative technical solutions and commercial models. I am excited by the opportunity to leverage STACK’s tremendous success in North America, which we look to replicate in the Asia Pacific region.
“Our focus is on building a world class team by being an employer of choice in the industry and assisting our customers in navigating the unique development and operating challenges in the region.”