CyrusOne Announces CFO Transition

DALLAS ~ Today, CyrusOne announced that Chief Financial Officer Katherine Motlagh will be stepping down from her role effective June 1, 2023. Michael Schafer, the Company's Senior Vice President of Finance, will assume the role of interim CFO upon Motlagh's departure.

Eric Schwartz, President and Chief Executive Officer of CyrusOne, expressed his gratitude for Motlagh's leadership and contributions to the company. He also expressed his confidence in Schafer's ability to lead the CFO role.

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Schafer has nearly three decades of experience in corporate finance and currently leads investor reporting, FP&A, and treasury functions. He is also a key member of the capital markets team. The Company has commenced an internal and external search to identify a permanent CFO.
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