– Ernest W. Cloutier to be Named Executive Vice President and General
Manager, Emerging Markets to Succeed Marc Duale, Currently President,
International; Duale will Transition to Advisory Role focused on Growth
Initiatives –
– Deborah Marson, Currently Senior Vice President, Acting General
Counsel and Assistant Secretary, Named Executive Vice President, General
Counsel and Secretary –
– Tasos Tsolakis, Executive Vice President, Chief Information &
Global Services Officer, Resigns to Pursue Other Interests; will
Transition IT Responsibilities to New Executive Vice President and Chief
Technology Officer –
BOSTON--(BUSINESS WIRE)--
Iron Mountain Incorporated (NYSE: IRM), the storage and information
management company, today announced that Ernest W. Cloutier, currently
EVP, U.S. Federal, Security and Legal for Iron Mountain, will be named
as the company’s EVP and General Manager, Emerging Markets effective
April 1, 2017. Cloutier will succeed Marc Duale, who has served as Iron
Mountain’s President, International for eight years. Duale will remain
with the company in an advisory role to transition emerging market
responsibilities to Cloutier and to advise the company on future growth
initiatives.
Cloutier joined the company in December 2007 as General Counsel and
Secretary before also assuming responsibility for the company’s global
security and risk organizations in March 2014 and the company’s U.S.
Federal business in June 2014. Prior to Iron Mountain, Cloutier served
as Senior Vice President, General Counsel and Secretary for Digitas Inc.
Commenting on Cloutier’s appointment, Iron Mountain President and CEO
William L. Meaney said, “Ernest is well suited to lead our Emerging
Markets business. He has partnered with Marc during a period of rapid
international expansion to negotiate and close transactions in 19
countries and bring necessary legal, security and compliance support as
we expanded our high-growth emerging markets business from 10 percent of
enterprise revenues in 2014 to more than 17 percent of total revenue
today. His sound judgement, business acumen and operational experience
gained from leading our Federal government business in the United States
provide a solid platform for overseeing this strategic growth area for
our company.
“I’ve enjoyed my partnership with Marc over the years and thank him for
his many contributions. Marc has built a robust business, fueled by both
consistently strong internal growth as well as value-creating
acquisitions that extend our capabilities and service reach.
Additionally, from the end of 2011 through the end of 2014, Marc drove
operational performance programs that resulted in significant
improvement in average margins in the international business while
continuing to expand into new markets and achieving market leadership in
some of our more mature international regions,” Meaney added. “In his
advisory role to me, he will bring these same skills to bear as we
assess the potential for future growth initiatives.”
Deborah Marson will become EVP, General Counsel and Secretary effective
December 1, 2016, with overall responsibility for the company’s legal
functions including: commercial contracts, compliance, corporate and
securities, employment and labor, ethics, litigation, and mergers and
acquisitions. Marson is currently SVP, Acting General Counsel and
Secretary of Iron Mountain, and she joined the company in 2009 as its
Vice President of Commercial Contracts for North America. Prior to Iron
Mountain, Marson spent 25 years with The Gillette Company, where she
most recently served as Deputy General Counsel advising the Gillette
worldwide consumer businesses. Over the course of her tenure she opened
Gillette’s legal offices in Asia and Latin America and served as counsel
to each of the five Gillette businesses, concluding her time there as
the head lawyer for all of the businesses.
Tasos Tsolakis will leave the company March 31, 2017, to pursue other
interests and will work until then to see that his responsibilities as
EVP, Chief Information & Global Services Officer are smoothly
transitioned. Tsolakis’ information technology (IT) responsibilities
will be handed over to a newly created EVP and Chief Technology Officer
role. The company is currently performing a search for this position.
Tsolakis joined Iron Mountain in 2010 as Chief Information Officer and
then later assumed responsibility for the company’s Global Service
Organization, which added global real estate operations and procurement
functions to his responsibilities. Throughout his time with the company,
Tsolakis led cross-functional, strategic transformations including the
company’s current integration with Recall and its $125 million
cost-savings program.
“Tasos has been an important member of our senior executive team through
the years, both in his leadership of our IT, real estate and procurement
functions as well as his work to continually improve how our company
operates and serves customers. He established the framework for
identifying, managing and tracking our cost-savings initiatives and
built a strong team to carry forward those programs,” said Meaney. “He
will be greatly missed, and we wish him the best.”
About Iron Mountain
Iron Mountain Incorporated (NYSE:
IRM) is the global leader for storage and information management
services. Trusted by more than 220,000 organizations around the world,
Iron Mountain boasts a real estate network of more than 80 million
square feet across more than 1,350 facilities in 45 countries dedicated
to protecting and preserving what matters most for its customers. Iron
Mountain’s solutions portfolio includes records
management, data
management, document
management, data
centers, art
storage and logistics, and secure
shredding help organizations to lower storage costs, comply with
regulations, recover from disaster, and better use their information.
Founded in 1951, Iron Mountain stores and protects billions of
information assets, including critical business documents, electronic
information, medical data and cultural and historical artifacts. Visit www.ironmountain.com
for more information.
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Source: Iron Mountain