VICE PRESIDENT OF ENERGY AND SUSTAINABILITY

POSITION SUMMARY

The Vice President of Energy and Sustainability (VPES) is responsible for building and leading STACK’s Energy and Sustainability strategy to achieve 100% renewable energy and broader environmental goals across their North American portfolio of existing, expanding and new market assets. The VPES will refine, augment, and execute partnerships with internal and external stakeholders, negotiating renewable contracts and other supply agreements, and manage interconnection and utility delivery.

Reporting to Matt VanderZanden, Chief Strategy Officer, the VPES is an autonomous Subject Matter Expert as an integral part of a highly collaborative executive leadership team involved in the development, operations, and leasing of critical data center infrastructure. Every aspect of the organization, customers, partners, and investors are impacted by the VPES’s work initiative and charter. It is expected the VPES will act in an Ambassador capacity representing works and operates with an attention and vigilance across this vast and important constituency.

STACK is looking for someone with passion, curiosity, and experience. The ideal candidate will have extensive experience negotiating multi-site renewable energy procurement transactions, an ability to understand and align stakeholder interests, and familiarity with alternative energy technology and utility interconnection.

DUTIES & RESPONSIBILITES

• Lead the evaluation, diligence, contract negotiations, and internal recommendations for power procurement for a portfolio of existing and future data center facilities
• Build a world-class, portfolio-wide renewable energy procurement program, along with needed ancillary programming (e.g., tracking and reporting), in a portfolio that includes data center facilities in regulated and deregulated locations
• Review, augment, and lead STACK’s sustainability programming
• Interface with internal and external partners, including finance, design and engineering, sales, marketing, legal, tax, and consultative resources
• Prepare energy procurement and development business cases and recommendations for leadership approval
• Partner with sales team to pitch client-side opportunities
• Maintain strategic relationships with in-region stakeholders

SKILLS & EXPERIENCE REQUIREMENTS

• Comfortable and experienced at representing business interests to internal and external senior leadership, utility partners, government officials, and other stakeholders in a fast-paced, growth-oriented environment
• Strong analytical, creative thinking, and communications skills with proven ability to communicate complex commercial and market information and analysis to all organizational levels
• Ability to manage multiple projects and collaborate with internal staff, and external consultants, vendors, and other stakeholders
• Significant prior experience (8+ years) in energy procurement for large corporate and industrial users
• Significant experience leading complex transactions

KEY QUALIFYING CRITERIA

Energy Expertise – Demonstrated command of energy sources, markets, alternatives, prices, and trends along with the acute knowledge of contracts and negotiation leverage.

Track Record – Demonstrated history of energy procurement cost savings reflected in sustainable contracts and relationship value across a portfolio of assets.

Program Management – Demonstrated history of creating, defining, and implementing a procurement program across a portfolio of assets and developments.

Business Acumen – Extensive deal transaction history with a variety of energy sources, providers, and perspectives as a measure of complexity, scale, connections, and value creation.

Horsepower – Intellectual horsepower with financial and business acumen to relate to STACK’s ecosystem of colleagues, Clients, partners, and investment constituencies.

Ambition – An experienced business professional eager to participate and complement a team of executives and investors in the growth of a data center infrastructure business.

WHY CONSIDER THIS OPPORTUNITY WITH STACK?

Charter – STACK is creating a sustained competitive advantage for outsourced IT infrastructure offerings and client experiences. The world runs on data. Data runs on STACK.

Platform – STACK’s 105MW of existing space coupled with their 1000MW and 700+ acres of expansion capacity to serve hyperscale client growth demands has no peer in the private data center market.

Timing – Social and economic fundamentals driving data center infrastructure demand are unprecedented and forecasted to continue unabated for an unforeseen period.

Team – STACK’s leadership is comprised of the most credentialed leading an exceptional platform during a period of growth momentum for near-term outcomes and future growth.

Capital Partners – IPI Data Center Partners, representing a general partnership between Iron Point Partners & ICONIQ Capital, comprise an elite group of investors, partnerships, and guidance of some of the most successful professional investors in history.

Culture – This is a lean, humble, non-hierarchical, and ambitious environment with an entrepreneurial fire to capitalize, collaborate, and embrace every colleague’s intellectual contribution to the success of STACK.

Colleagues – STACK’s leadership pedigree reflects exceptional and distinct early experience with data center companies that have grown to massive success. This is their opportunity to lead by applying their collaborative best practices.

COMPENSATION

The compensation package will be determined relative to the final candidate’s current circumstance and specific requirements. The package is expected to include a competitive base salary, annual performance compensation, health benefits, and long-term incentive compensation.

SEARCH PROCESS

Following a thorough exchange of information relating to company information, resume, and key qualifying criteria, CFS Partners anticipates recommending a shortlist of candidates to Matt VanderZanden, Chief Strategy Officer, in January 2021. Finalists will meet with members of STACK’s executive leadership team. The selected finalist will be presented with a compelling and competitive offer contingent on background check and thorough references.