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CEO and chairman of QTS Data Centers Chad Williams has decided to step down and take on a different role, effective April. FILE PHOTO.
Posted March 26, 2025
QTS Data Centers announced that its chief executive officer and chairman, Chad Williams, will step down after more than twenty years in the position building the now $60 billion company.
Williams’ decision to step down will take effect on April 18. He will then return to his position as CEO of Quality Group of Companies, a real estate and family office investment company that QTS was originally founded on. Williams was featured as an honoree for Ingram’s 250: Kansas City’s Most Influential Business Leaders in 2022.
QTS Data Centers Chief Executive Officer and Chairman Chad Williams.
Additionally, QTS chief operating officer, David Robey, and chief growth officer, Tag Greason, have been appointed co-CEOs to lead the company through its next phase of growth and innovation, according to a release.
“As I step away from this chapter in my life, I know I leave our 1,600+ QTSers in capable hands with David and Tag to continue to provide important support to our local communities and deliver world-class services to our amazing partners who entrust us with their most important infrastructure globally,” Williams said in the release.
In 2021, QTS Realty Trust was acquired by Blackstone Funds in a transaction worth $10 billion. Blackstone is an investment firm focused on private equity and real estate. The company had $649 billion in assets under management, according to a release at the time. Williams made sure to thank the QTS family and Blackstone partners for their years of work.
“Chad is a generational entrepreneur and represents one of the most incredible success stories we have had the opportunity to partner with at Blackstone,” chairman, CEO and co-founder of Blackstone, Stephen Schwarzman, said in the release. “I am grateful for his immense contributions to QTS and Blackstone and wish him well in the next stages of his career.”
Headquartered in Overland Park, QTS is a data center solutions company that operates 35 locations in the U.S. and three in Europe. Last week VanTrust Real Estate announced that QTS Realty Trust had leased one of its buildings at New Century Commerce Center.