
DigiCo Infrastructure CEO Michael Juniper steps down
- CEO Michael Juniper has resigned from DigiCo Infrastructure REIT effective immediately.
- The company's stock fell 3.65% to $2.37 following the management transition news.
- The board has commenced an executive search while the existing leadership team remains in place.
DigiCo Infrastructure REIT (ASX:DGT) announced that CEO Michael Juniper has stepped down from his positions effective June 26.
The corporate departure follows a period of personal leave.
The board has commenced a formal executive search process evaluating both internal and external candidates for the permanent role.
The existing leadership team will remain in place to manage ongoing operations and ensure strategic continuity.
Following the announcement, the DigiCo Infrastructure REIT share price was down at $2.37.
The digital infrastructure platform manages a global portfolio of data centres across Australia and North America.
The entity focuses on brownfield and greenfield developments targeting an initial 161 megawatts of future expansion capacity.