Meghan Baivier has been appointed as CFO of Plano-based Aligned Data Centers, a technology infrastructure company that offers innovative, sustainable, and adaptive scale data centers and build-to-scale solutions for global hyperscale and enterprise customers. The company also announced the transition of former CFO Anubhav Raj to Aligned’s new chief investment officer.
“I’m thrilled to welcome Meghan to our leadership team. Her deep financial expertise and strategic vision are invaluable assets as we embark on this next phase of growth,” CEO Andrew Schaap said in a statement. ”Meghan’s proven track record of success, coupled with her strong leadership abilities, will be instrumental in driving our financial strategy and ensuring our continued success in this dynamic market.”
A ‘pivotal moment in the data center industry’
Bringing more than 23 years of experience in finance and leadership to Aligned’s senior leadership team, Baivier will oversee its financial strategy and operations.
Baivier comes to Aligned from Easterly Government Properties Inc., a REIT focused on the acquisition, development and management of Class A commercial properties leased primarily to the U.S. government and its adjacent partners, most recently serving as its president and chief operating officer. Baivier previously was Easterly’s executive vice president, COO, and CFO.
Her experience also includes five years with Citigroup’s Real Estate and Lodging Investment Banking group, where she was involved in a wide range of financial advisory and capital markets transactions, including Easterly’s IPO. Before Citigroup, Baivier held equity and high yield research roles at Chilton Investment Co. and Fidelity Management and Research Co., respectively.
She also serves as a director of Sun Communities Inc.
“Joining Aligned at this pivotal moment in the data center industry is an incredible opportunity,” Baivier said in a statement. “The company’s strategic and unique position as a leader in this rapidly evolving market is truly exciting.”
She added that she is looking forward to leveraging her financial expertise to “drive continued growth, optimize operations, and deliver exceptional value to our customers and partners.”
The goal, she concluded, is to work together to “achieve remarkable results for our team members and stakeholders.”
Investing to achieve growth goals
Raj has been appointed to the newly created position of chief investment officer, formalizing a role he has fulfilled since joining the company and that has become more important to achieving its growth objectives. In this position, Raj will continue to capitalize on his understanding of Aligned’s financial landscape and industry dynamics to identify and pursue strategic investments that drive long-term growth.
Raj noted that Aligned has experienced “incredible growth, which is only expected to accelerate.”
To keep growing and “meet the tremendous opportunity ahead,” he said he looked forward to focusing on leading Aligned’s strategic investment and capital deployment activities.
Raj said the CFO role is in good hands, welcoming Baivier to the executive team.
“Her experience and expertise will be vital on the next stage of our journey,” he said. “Together, I’m confident we will maximize results for all our stakeholders and customers.”
Schaap praised Raj’s time as CFO and noted “his significant contributions to the company’s overall success.”
“He has been instrumental in driving significant financial growth, securing strategic partnerships, and pioneering several first-of-a-kind financings and record-setting transactions to successfully raise over $10B in capital,” Schaap said in a statement. “These achievements are a testament to Raj’s vision and the tireless dedication and exceptional work of the entire Finance team.”
Schaap said that he and his team are excited to have Raj continue to play a key role in Aligned’s leadership team as Chief Investment Officer “in this increasingly capital-intensive and dynamic environment.”
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.