secwatch.observer — SEC 8-K summary
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Issuer:     EQUINIX INC (EQIX)
CIK:        0001101239
Form:       8-K
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001101239-26-000058
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equinix appoints Olivier Leonetti as CFO effective March 16, succeeding retiring Keith Taylor
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- Leonetti, formerly CFO of Eaton and Johnson Controls, starts March 16, 2026; Taylor becomes special advisor for ~1 year.
- New CFO receives $700k base salary, target annual bonus of 100% of base, and $10M initial equity award (33% time RSUs, 47% performance RSUs, 20% TSR PSUs).
- Sign-on bonus of $200k (subject to clawback) and $5M sign-on equity award of RSUs vesting in equal annual installments over three years.
- Leonetti also receives reasonable relocation assistance to move to Redwood City headquarters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101239/000110123926000058/0001101239-26-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101239/000110123926000058/eqix-20260307.htm
  HTML page:      https://secwatch.observer/filing/0001101239-26-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer