CyrusOne Announces Appointment of New Chief Accounting Officer

CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced the appointment of Mark E. Skomal as Senior Vice President and Chief Accounting Officer, effective September 24, 2018. Mr. Skomal will report to Diane Morefield, EVP and Chief Financial Officer.

“We are thrilled that Mark is joining our leadership team as our Chief Accounting Officer,” commented Morefield. “Mark’s extensive experience working in the REIT and broader real estate industry, along with his exceptional leadership and management capabilities, make him an ideal fit for CyrusOne.”

Previously, Mr. Skomal was the Senior Vice President, Chief Accounting Officer and Controller for DCT Industrial Trust, Inc.(“DCT”), since 2007. In his role at DCT, he was responsible for accounting, financial reporting, tax, shared services, budgeting, audit, and forecasting. In addition, he has also been involved in capital raising, private debt, and credit facility placements. Prior to joining DCT, Mr. Skomal served as Vice President of Finance at AIMCO (NYSE: AIV), a multifamily REIT.

“I am very excited to join the CyrusOne team as the company continues to grow and create shareholder value,” commented Mr. Skomal. “I look forward to partnering with the rest of the leadership team as we begin our international expansion.”

Mr. Skomal brings more than 30 years of accounting and finance experience to CyrusOne. Mr. Skomal began his career with Ernst & Young after receiving a bachelor’s degree in Accounting from the University of Texas at Austin. In addition, he has an MBA from the University of Denver and is an active Certified Public Accountant.

Forward Looking Statements

This release contains forward-looking statements regarding future events and our future results that are subject to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are statements that could be deemed forward-looking statements. These statements are based on current expectations, estimates, forecasts and projections about the industries in which we and our customers operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “predicts,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “endeavors,” “strives,” “may,” “will”, variations of such words and similar expressions are intended to identify such forward-looking statements. In addition, any statements that refer to projections of our future financial or operating performance, our anticipated growth and trends in our and our customers’ industries and businesses, and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned these forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties, which could cause our actual results to differ materially and adversely from those reflected in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company’s ability to successfully execute and integrate its organic site acquisition and further expansion initiatives, and those discussed in other documents we file with the Securities and Exchange Commission (SEC). More information on potential risks and uncertainties is available in our recent filings with the SEC, including CyrusOne’s Form 10-K report, Form 10-Q reports, and Form 8-K reports. Actual results may differ materially and adversely from those expressed in any forward-looking statements. Forward-looking statements made in this release speak only as of the date of this release and we undertake no obligation to revise or update any forward-looking statements for any reason.

About CyrusOne

CyrusOne (NASDAQ: CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The Company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including more than 200 Fortune 1000 companies.

With a track record of meeting and surpassing the aggressive speed-to-market demands of hyperscale cloud providers, as well as the expanding IT infrastructure requirements of the enterprise, CyrusOne provides the flexibility, reliability, security, and connectivity that foster business growth. CyrusOne offers a tailored, customer service-focused platform and is committed to full transparency in communication, management, and service delivery throughout its more than 45 data centers worldwide. Additional information about CyrusOne can be found at www.CyrusOne.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180917005118/en/