Digital Realty Trust, Inc. - 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Digital Realty Trust, Inc. and Digital Realty Trust, L.P. on November 2, 2010. The report addresses a specific corporate governance event regarding the appointment of a senior officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
On November 2, 2010, the Board of Directors promoted Scott Peterson from Senior Vice President, Acquisitions to Chief Acquisitions Officer. This represents a material change in the company's executive leadership structure.
Management Commentary and Compensation
In connection with the promotion, Mr. Peterson's compensation package was adjusted as follows:
- Annual Base Salary: Increased to $425,000.
- Maximum Annual Bonus Opportunity: Increased to 120% of his base salary actually paid.
The filing does not contain guidance, outlook, risk factors, or contingencies beyond the details of this appointment.
Key Facts for Investor Verification
- Scott Peterson's new title is Chief Acquisitions Officer.
- The effective date of the promotion and compensation change is November 2, 2010.
- The new base salary is $425,000.
- The new bonus opportunity is capped at 120% of the base salary.