---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-303909"
form_type: "8-K"
ticker: "DLR"
cik: "0001297996"
company_name: "DIGITAL REALTY TRUST, INC."
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:12:33.499318+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Digital Realty appoints Andy Power as CEO, replacing Bill Stein who departs without cause

## Summary
- Andy Power, President & CFO, named CEO effective Dec 13, 2022; Bill Stein terminated without cause, resigns from Board.
- Stein eligible for ~$10.7M cash separation; company expects ~$15M one-time Q4 charge, excluded from Core FFO guidance.
- Power to remain CFO until successor appointed; plans to announce permanent CFO in early 2023.

## SEC filing metadata
- accession: 0001193125-22-303909
- form_type: 8-K
- ticker: DLR
- cik: 0001297996
- company_name: DIGITAL REALTY TRUST, INC.
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297996/000119312522303909/0001193125-22-303909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297996/000119312522303909/d403893d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-303909
- JSON: https://secwatch.observer/filing/0001193125-22-303909.json
- Plain text: https://secwatch.observer/filing/0001193125-22-303909.txt

## Key facts
- Executive change
  Andrew P. Power was appointed as Chief Executive Officer at DIGITAL REALTY TRUST, INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On December 13, 2022, the Board of Directors (the “Board”) of Digital Realty Trust, Inc. appointed Andrew P. Power, currently the company’s President and Chief Financial Officer, to serve as the Chief Executive Officer of the company and as a member of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297996/000119312522303909/0001193125-22-303909-index.htm
- Executive change
  Andrew P. Power was appointed as Director at DIGITAL REALTY TRUST, INC..
  - Action: appointed
  - Role: Director
  source text: On December 13, 2022, the Board of Directors (the “Board”) of Digital Realty Trust, Inc. appointed Andrew P. Power, currently the company’s President and Chief Financial Officer, to serve as the Chief Executive Officer of the company and as a member of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297996/000119312522303909/0001193125-22-303909-index.htm
- Executive change
  A. William Stein resigned as Director at DIGITAL REALTY TRUST, INC..
  - Action: resigned
  - Role: Director
  source text: In connection with Mr. Stein ceasing to serve as Chief Executive Officer, Mr. Stein resigned as a member of the Board, effective as of December 13, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297996/000119312522303909/0001193125-22-303909-index.htm
- Executive change
  A. William Stein was terminated as Chief Executive Officer at DIGITAL REALTY TRUST, INC..
  - Action: terminated
  - Role: Chief Executive Officer
  source text: Also on December 13, 2022, the Board approved the termination of A. William Stein as Chief Executive Officer of the company without cause, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297996/000119312522303909/0001193125-22-303909-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.