Vantage Information Facilities has appointed Scott Beasley international chief monetary officer. Beasley, primarily based in Denver, will lead Vantage’s international finance, accounting, capital markets, procurement and company growth features, reporting to President and CEO Sureel Choksi.
Beasley joins Vantage as the corporate continues scaling globally to fulfill rising demand for digital infrastructure. He brings deep expertise main capital-intensive companies by way of transformation and enlargement, together with structuring financing, executing giant funding applications and constructing disciplined working fashions, to assist Vantage’s long-term progress within the cloud and AI period.
“Scott is a confirmed finance chief with the capital markets experience and working rigor required to scale a worldwide platform,” mentioned Choksi. “He has navigated each private and non-private markets and persistently aligned capital technique with execution, capabilities that shall be essential as we broaden to serve clients’ subsequent wave of cloud and AI progress.”
Most lately, Beasley served as CFO of Frontier Communications, serving to lead the corporate’s turnaround into the most important impartial fiber supplier within the U.S. Throughout his tenure, Frontier executed an roughly $12 billion fiber funding program, accomplished greater than $5 billion in debt choices and launched a $2.1 billion asset-backed securitization backed by fiber-to-the-home infrastructure. Earlier this yr, Frontier was acquired by Verizon for $22 billion. Beforehand, Beasley was founding CFO of Arcosa Inc. the place he helped lead the corporate’s spinoff right into a publicly traded infrastructure merchandise enterprise.
“Vantage has constructed an distinctive international platform and powerful relationships with clients and capital companions,” mentioned Beasley. “I’m excited to assist advance our monetary technique because the digital infrastructure market evolves, so we are able to proceed delivering for purchasers and creating shareholder worth for buyers.”
As a part of the management transition, Sharif Metwalli will function chief monetary officer, North America, main finance technique and operations throughout the corporate’s largest regional market. Metwalli beforehand served as international chief monetary officer and performed a central function in growing Vantage’s pioneering capital markets and fairness financing technique and supporting the corporate’s worldwide progress.
