CoreSite Realty Corporation (NYSE:COR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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CoreSite Realty Corporation (NYSE:COR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March8, 2018, the Board of Directors (the “Board”) of CoreSite Realty Corporation (the “Company”) promoted Mark R. Jones to Chief Accounting Officer, and also designated Mr.Jones as the Company’s principal accounting officer for SEC reporting purposes. Mr.Jones will continue to report to the Chief Financial Officer of the Company in this new role.

Mr.Jones, age 42, has served as our Vice President, Controller since May2012. As Vice President, Controller, Mr.Jones was responsible for, among other things, management of accounting and all related accounting information systems, tax, financial reporting, billing and accounts payable, as well as leading the Company’s recent implementation of a new enterprise resource planning (ERP) system. Prior to joining the Company, from September2008 to May2012, Mr.Jones served in roles of increasing responsibility at Prologis, a publicly held real estate investment trust, including as Vice President, Finance, in which role he was responsible for technical accounting and SEC reporting, and as a Global Project Manager with responsibilities for managing a global business process and IT systems implementation. Prior to joining Prologis, Mr.Jones worked in the audit and advisory practices of KPMG LLP in London, U.K. and Denver, Colorado for 12 years. Mr.Jones graduated with a B.A. in Geography from St. Hugh’s College, Oxford University and is a Chartered Accountant with the Institute of Chartered Accountants in England and Wales.

In his new role, Mr.Jones’ initial annual base salary will be $260,000, subject to annual adjustment by the Board, and he will continue to be eligible to participate in the Company’s annual bonus and equity programs. Mr.Jones will continue to participate in the benefit programs generally provided to employees of the Company in same manner as in his prior role with the Company. Mr.Jones is also entitled to participate in the Company’s Senior Management Severance and Change in Control Program, which is more fully described in the “Potential Payments Upon Termination or Change in Control” section of the Company’s definitive proxy statement for its 2017 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on April5, 2017.


About CoreSite Realty Corporation (NYSE:COR)

CoreSite Realty Corporation (CoreSite) is an integrated, self-administered and self-managed real estate investment trust (REIT). Through its controlling interest in CoreSite, L.P. (Operating Partnership), the Company is engaged in the business of ownership, acquisition, construction and operation of data centers across a range of markets in the United States, including the Northern Virginia (including Washington D.C.), New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver. It delivers data center and interconnection solutions across approximately eight North American markets. It offers colocation and interconnection solutions for networks, cloud and information technology (IT) service providers and enterprise companies spanning a range of industries. The Company connects and delivers data and information technology infrastructure to approximately 900 enterprises, network operators, cloud providers and supporting service providers.