Dallas-based Stream Data Centers has appointed Michael Lahoud as CEO, as the company continues to scale its platform and expand its capabilities to meet growing customer demand.
Lahoud previously served as co-managing partner of Stream and has been with the firm for 15 years.
The move comes five months after funds managed by NYC-based Apollo acquired a majority interest in Stream Data Centers from Dallas’ Stream Realty Partners. At the time, Stream Data Centers said it was positioned to execute on a multi-gigawatt pipeline while enabling Apollo Funds and affiliates to potentially deploy “billions of dollars” into next-generation digital infrastructure.
“Stream’s enduring success across nearly 27 years has always been driven by disciplined execution and close customer partnerships,” Lahoud said in a statement. “As customer requirements grow in size and complexity, these organizational enhancements position us to scale thoughtfully. We remain committed to delivering the service, collaboration and trust our customers expect.”
Stream said it is transforming its organizational structure to support larger, more efficient development while maintaining its long-standing commitment to responsible design, construction, and community engagement, the company said.
To support this next phase of growth, Stream said it has enhanced its senior leadership team across commercial, development, and operational functions:
Stacey Medeiros and Santiago Suinaga have joined the firm as senior vice presidents of Hyperscale and Cloud and Hyperscale, respectively, and will strengthen customer relationships while supporting new development opportunities.
Oisin O Murchu, newly appointed chief development officer, will oversee Stream’s development platform and enhance in-market relationships as the company continues to scale responsibly.
Rick Crutchley, chief operating officer, has assumed expanded responsibilities across operational delivery to support larger, more complex projects and will lead the company’s formalized community engagement program.
Amanda Abell, newly appointed vice president of sustainability, will focus on advancing Stream’s environmental stewardship and shaping Stream’s community engagement program.
“Our people are what make us great, and these leadership enhancements reflect where Stream is headed next,” said Chris Bair, partner and chief commercial officer at Stream. “They ensure we remain aligned with our customers’ pace and scale requirements, maintaining the hard-earned trust of our customers and bolstering the close partnerships and execution discipline that define our platform.”
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R E A D N E X T
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With the NYC investment giant taking a majority stake, Stream Data Centers is positioned to execute on a multi-gigawatt pipeline as Apollo estimates data centers will require "several trillion dollars" of global investment over the next decade.
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