8-KLeadership Changes

DIGITAL REALTY TRUST, INC. 8-K Report, Executive Changes (Dec 15, 2025)

Filed December 15, 2025For Securities:DLRDLR-PJDLR-PKDLR-PL

Summary

Digital Realty Trust, Inc. (DLR) announced a key addition to its Board of Directors, electing Stephen R. Bolze as an independent director effective January 1, 2026. Mr. Bolze brings extensive experience in infrastructure, industrial management, and global operations, including significant leadership roles at Blackstone and General Electric. His appointment to the Audit Committee further strengthens the board's oversight capabilities. This move signals a continued focus on leveraging experienced leadership to guide the company's strategic direction and operational excellence. Investors can expect Mr. Bolze's expertise to contribute to Digital Realty's ongoing growth and operational efficiency. His compensation will be structured in line with the company's existing director compensation program, involving a mix of equity awards (profits interest units or common stock) and a cash retainer, with vesting provisions tied to continued service. The company will also enter into a standard indemnification agreement with him.

Key Highlights

  • 1Stephen R. Bolze appointed as an independent director to the Board of Directors, effective January 1, 2026.
  • 2Mr. Bolze brings over 30 years of experience in infrastructure, industrial management, and global operations.
  • 3Appointed as a member of the Audit Committee, enhancing financial oversight.
  • 4Previous roles include Senior Managing Director at Blackstone and President & CEO of GE Power & Water.
  • 5Director compensation includes equity awards (profits interest units or common stock) and a cash retainer.
  • 6Equity awards will vest over time, contingent on continued service.
  • 7Company will enter into a standard indemnification agreement with Mr. Bolze.

Frequently Asked Questions

Stephen R. Bolze's appointment as an independent director and member of the Audit Committee brings significant experience in infrastructure and global operations to Digital Realty's Board. This addition is expected to strengthen the company's oversight and strategic guidance.

Mr. Bolze will receive an initial pro rata equity award and an annual equity award valued at $245,000 (in profits interest units or common stock) and an annual cash retainer of $95,000. He has the option to receive cash retainers and fees in either cash or profits interest units.

Mr. Bolze's equity awards are subject to vesting on the earlier of the first anniversary of the grant date or the day before the next annual meeting of stockholders, provided he continues his service with the company through the applicable vesting date.

Based on the filing, there are no disclosed arrangements or understandings between Mr. Bolze and any other person for his selection, nor are there any transactions requiring disclosure under Item 404(a) of Regulation S-K that indicate a conflict of interest.