DALLAS, June 26, 2025 /PRNewswire/ -- DataBank, a leading provider of enterprise-class colocation, connectivity, and managed services, today announced it has made all of its almost 1,000 full-time employees part-owners of the company through a new broad-based employee ownership program.
The DataBank Employee Ownership Program has the potential to generate a meaningful wealth-building opportunity for the company's workforce by providing, in the event of a qualifying transaction, a one-time bonus of up to 12-months compensation in addition to an employee's regular salary and benefits. The exact amount of any ownership program payouts will depend on overall company performance and if operational and valuation goals are met.
"DataBank has invested continuously in our culture and made it a competitive advantage in the marketplace, as evidenced by our employee NPS score of 64 this quarter, our low attrition, and our overall company performance," said DataBank's CEO Raul Martynek. "One of the hallmarks of that culture is our mantra of 'Taking Extreme Ownership' and we're now taking that notion itself to the extreme by making every DataBanker a part-owner and unleashing even higher levels of performance."
DataBank announced the program to employees at a celebratory launch event on June 25th across all of its 65+ locations in 25+ markets. To mark the start of the program, employees received welcome kits with company ownership-branded merchandise and solid brass commemorative medallion coins signifying their ownership stake in the company.
The program also will include initiatives related to employee engagement and personal financial wellness with the goal of aligning all employees around a common purpose, values, and goals, and bolstering employees' financial capability.
"The DataBank Employee Ownership Program is made possible through the support of all our investors including DigitalBridge, Swiss Life, IMCO, and AustralianSuper," said Kevin Ooley, DataBank's President and CFO. "Their willingness to invest in us in every possible way – not just in data centers and equipment, but in our people – demonstrates what great partners they are."
The program is part of a growing movement across corporate America to provide employees with the opportunity to participate in the value they help create, led by the nonprofit organization Ownership Works and its founding partners.
The combination of sharing ownership, bolstering employee voice, and increasing financial inclusion have been shown to have positive impacts on business operations, employee engagement, and retention, all of which can enhance the overall commercial success of a company.
About DataBank
DataBank helps the world's largest enterprises, technology, and content providers ensure their data and applications are always on, always secure, always compliant, and ready to scale to meet the needs of the artificial intelligence era.
Recognized by Deloitte in 2023 and 2024, and Inc. 5000 in 2024 as one of the fastest-growing private US companies, DataBank's edge colocation and infrastructure footprint consists of 65+ "HPC-ready" data centers in 25+ markets, 20 interconnection hubs, and on-ramps to an ecosystem of cloud providers with virtually unlimited reach.
We combine these platforms with contract portability, managed security, compliance enablement, hands-on support, and a guarantee of 100% uptime availability, to give our customers absolute confidence in their IT infrastructure and the power to create a boundless digital future for their business.
To learn more, follow us on LinkedIn or subscribe to our YouTube channel. To tour a facility, visit DataBank.com or call 1(800) 840-7533.
About Ownership Works
Ownership Works is a nonprofit on a mission to increase prosperity through shared ownership at work. It partners with business leaders and investors to provide all employees with the opportunity to become owners and participate in the success they help create. To learn more, please visit ownershipworks.org.
SOURCE DataBank
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