BOSTON--(BUSINESS WIRE)--Nov. 18, 2009--
Iron
Mountain Incorporated (NYSE: IRM), a leader in information
management services, today announced the promotion of
Ramana Venkata
to
president of Iron Mountain Digital, the Company’s technology business
unit. As president, Mr. Venkata will report directly to
Bob Brennan
,
president and chief executive officer, and be responsible for
architecting the future of Iron Mountain Digital and executing
strategies to build, sell and deliver integrated digital information
management services worldwide.
John Clancy
, former president of Iron
Mountain Digital, will depart the company, following a transition
period, to become a CEO in Residence at Schooner Capital LLC.
Mr. Venkata most recently served as chief operating officer of Iron
Mountain Digital where he was responsible for structuring the
organization for its next phase of growth, with an approach that
integrates services into a holistic solution suite. Mr. Venkata joined
Iron Mountain in 2007 through its acquisition of the eDiscovery firm
Stratify, Inc., which he founded and ran as chief executive officer.
“Ramana Venkata will lead Iron Mountain Digital through its next phase
of growth as we strive to be the leader in outsourced information
management services,” said
Bob Brennan
. “We thank
John Clancy
for the
leadership he’s provided to Iron Mountain Digital, growing the business
from $50 million to $230 million, and establishing our market leadership
in Storage-as-a-Service.”
“I am very excited to have the opportunity to lead such a world-class
organization as Iron Mountain Digital, and I look forward to working
more closely with Bob and the exceptional group of people that make up
the Iron Mountain team,” said Venkata. “We have a unique opportunity to
help our customers reduce their costs and risks of information
management and at the same time, make their data more useful. This
powerful concept is why I joined Iron Mountain in the first place.”
Mr. Venkata founded Stratify in 1999 and successfully grew the business
to be a leading provider of technology-enabled electronic data discovery
services to AmLaw 200 law firms and Fortune 500 corporations. Prior to
founding Stratify, Venkata was employed by Intel Corporation, working on
Data Mining methodologies and applications. He completed five years of
Ph.D. research in Scientific Computing and Computational Mathematics at
Stanford University, holds a Master of Science degree in Mechanical
Engineering from Stanford, and a Bachelor of Technology degree in
Mechanical Engineering from the Indian Institute of Technology, Chennai.
About Iron Mountain Digital
Iron Mountain Digital is the world's leading provider of Storage-as-a
Service solutions for data protection and recovery, archiving,
eDiscovery and intellectual property management. The technology arm of
Iron Mountain Incorporated offers a comprehensive suite of solutions to
thousands of companies around the world, directly and through a
worldwide network of channel partners. Iron Mountain Digital is based in
Southborough, Mass.
About Iron Mountain
Iron Mountain Incorporated (NYSE:IRM) helps organizations around the
world reduce the costs and risks associated with information protection
and storage. The Company offers comprehensive records management and
data protection solutions, along with the expertise and experience to
address complex information challenges such as rising storage costs,
litigation, regulatory compliance and disaster recovery. Founded in
1951, Iron Mountain is a trusted partner to more than 140,000 corporate
clients throughout North America, Europe, Latin America and Asia
Pacific. For more information, visit the Company's Web site at www.ironmountain.com.
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Source: Iron Mountain Incorporated
Iron Mountain Incorporated
Stephen Golden, 617-535-4769
Stephen.Golden@ironmountain.com
or
Laura
Sudnik, 508-808-7528
Laura.Sudnik@ironmountain.com