Global Switch Holdings Limited, a leading owner, operator, and developer of large-scale network dense, carrier and cloud-neutral multi-tenanted data centres, announced on December 14, 2023, that its CEO, John Corcoran, will retire on December 31, 2023. He will be succeeded by the current COO, Ashley Muldoon. Under Corcoran's leadership, Global Switch transformed from a start-up into a digital infrastructure business with 13 large-scale data centres, generating around £275 million of annual EBITDA. The company's investment property portfolio valuation increased to £6.6 billion as of December 31, 2022. The company operates 13 data centres in Europe and Asia-Pacific, providing around 4.6 million sq ft of technical space. The company's shareholders continue to explore a potential divestment transaction.