– USA, MA – Jennifer Allerton was appointed today to the board of directors of Iron Mountain® Incorporated (NYSE:IRM). In addition, Vincent J. Ryan, longtime board member and one of the company’s founders, announced his retirement from the board, effective November 1, 2014.
Allerton, 62, is the former Chief Information Officer at F. Hoffman-La Roche Ltd’s Pharma Division, where she worked for 10 years. She has more than thirty-eight years of information technology experience, gaining extensive knowledge of working globally particularly in emerging markets. Most recently, Allerton served as Chief Information Officer at Roche from 2002 to 2012 with responsibility for IT strategy and operations for the Pharma division and all Group IT operations. Prior to Roche, she served as Technology Director at Barclaycard for three years. Currently, Allerton serves as an independent director on the boards of Oxford Instruments, a provider of high technology tools and systems and Aveva Group, an engineering design and information management solutions firm for plant, power and marine industries.
Iron Mountain Board Chairman Alfred J. Verrecchia, said, “I am pleased to welcome Jennifer Allerton to our board. Jennifer’s leadership experience in IT strategy and operations of global businesses, especially in emerging markets, will be instrumental as we continue to strategically expand our global presence. We look forward to having an independent director of her stature and experience, adding further breadth and depth to the skills of our board. At the same time, I would like to express my deep appreciation for Vin’s extensive tenure with Iron Mountain. He has provided invaluable knowledge and strategic guidance for many years, and I am grateful for his contributions to the company.”
President and CEO William L. Meaney added, “We are honored to add an executive of Jennifer Allerton’s caliber to our board; she further broadens our perspective given her operational and international business experience. “Additionally, I would like to thank Vin for his exceptional service to the company. Vin is the company’s founder and original financier, and most importantly, he shaped the culture of the company, enabling Iron Mountain to become what it is today. On a personal note, Vin has been especially helpful to me over the past year and a half given his long history with the company, his unique entrepreneurial skills and natural instinct to deliver more value to our customers and shareholders. I will miss his counsel and wish him well.”
Ryan, 78, one of Iron Mountain’s founders, has served on the company’s board of directors since prior to the initial public offering in 1995. He is the founder of Schooner Capital LLC and has served as its Chairman and CEO since 1971.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is a leading provider of storage and information management services. The company’s real estate network of over 67 million square feet across more than 1,000 facilities in 36 countries allows it to serve customers around the world. And its solutions for records management, data management, document management, data center management and secure shredding help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information . Founded in 1951, Iron Mountain stores and protects billions of information assets, including business documents, backup tapes, electronic files and medical data.
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