About this episode
As our finance leader guests well know, we seldom hesitate to ask where they spent their career-building years. Moreover, if we learn that a CFO spent more than 5 years with any one company, we’re apt to ask, “Why? What kept you there?” On the other hand—and somewhat oddly—finance career investments spanning a decade or more are likely to lead us to leapfrog more perfunctory queries in order to let the grilling begin. Such was the case with CFO Keith Taylor of Equinix, the $7.2 billion data infrastructure giant with 248 data centers in 27 countries. For Taylor, who is logging his 24th year with the firm, the investment of career decades inside a single company led us to imagine a string of experiences somewhat uniform from one chapter to the next. However, Taylor quickly informs us that his investment of years inside a single company has afforded him a breadth of experiences that few job-hopping finance executives may have ever surpassed. It’s fair to say that when Taylor was named Equinix CFO in 2005, the business model responsible for the company’s following 79 consecutive quarters of growth was still in its infancy. However, for Equinix’s newly minted CFO, it seemed hard to imagine that the breadth of experiences that lay ahead could match those already behind him. Back in 1999, as Equinix’s founders began to eye the public markets, they hired Taylor to add some heft to their fledgling finance team. The company would hire a CFO and go public in August of 2000 just as the dotcom bubble began to burst. “We then went through a near-death experience when we had only one payroll left and didn’t think that we were going to make it,” recalls Taylor, who remembers a string of long calls with investors over the ensuing 24 months. Says Taylor: “There was a determination not to give up that allowed us to survive, and by January 1, 2003, we were like a new company, with new shareholders and our problems mostly solved.” –Jack Sweeney