TierPoint Names Craig Cowden CEO
Founding CEO Jerry Kent will transition to Executive Board Chairman
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ST. LOUIS, Nov. 10, 2026 (GLOBE NEWSWIRE) — TierPoint, a leading nationwide enterprise data center and cloud solutions provider, today announced Craig Cowden as its next CEO, concluding the executive search process announced in March. Cowden’s appointment is effective January 4, 2027, at which time he will succeed founding CEO Jerry Kent, who will then assume the new role of Executive Chairman of TierPoint’s Board. Kent and Cequel III also retain their investments in TierPoint alongside Argo Infrastructure Partners. President and CFO Mary Meduski will continue in her current leadership role.
A 30-year veteran of the telecommunications and technology industries, Cowden most recently served as Chief Technology and Product Officer at Metronet, the nation’s largest pure-play fiber broadband provider, where he led the network, technology and product teams, passing more than three million residential and commercial locations. Earlier, at Charter Communications, Cowden led the architectural design and engineering implementation behind the launch of Spectrum Mobile, which grew to more than four million customers during his tenure. Previous roles included technology and commercial sales executive positions at Bright House Networks and Sprint.
“I’m honored to lead TierPoint,” said Cowden. “Jerry and his leadership team have built something special: a company known for reliable infrastructure, close customer relationships, and a culture that treats people like family. TierPoint has long built sustainability into how it designs and runs its data centers, and that matters even more as demand for digital infrastructure and AI-density workloads grow quickly. I’m excited to work with our talented employees, our committed business partner and shareholder, Argo, and our customers to build on that foundation and to help businesses across the country grow with confidence.”
“I’m thrilled to turn over the CEO reins to Craig. I know many of the people with whom he worked in the cable industry, and they unanimously agreed that he is a perfect fit for TierPoint,” said Jerry Kent. “TierPoint is experiencing dynamic growth, and I look forward to helping Craig in any way I can. I believe he will take us to even greater heights.”
“We commend Jerry for building TierPoint, over the past 16 years, into the leading nationwide data center operator that it is today,” said Andrew Zaroulis, TierPoint Director and Managing Director at Argo Infrastructure Partners, TierPoint’s majority shareholder. “Craig is a deeply experienced and highly respected industry executive, making him the right choice to succeed Jerry in leading TierPoint through its next phase of consolidation and growth.”
TierPoint operates 40 data centers in 20 U.S. markets and has experienced significant demand for its digital infrastructure solutions in recent years, including market-leading enterprise, wholesale, and high-density colocation services that support artificial intelligence and other compute-intensive workloads. This includes a 100-megawatt (MW) power expansion at the company’s TekPark data center in Allentown, PA, which is currently available to lease. TierPoint is also an industry leader in managed services, including public and private cloud, cybersecurity, and disaster recovery, allowing the company to offer the best solutions to address its customers’ needs.
TierPoint has been an active issuer in the Asset-Backed Securities (ABS) market and has raised a total of approximately $2 billion, extending its debt maturities, lowering its long-term cost of capital, increasing liquidity, and allowing the company to deploy more data center capacity to meet growing demand.
About TierPoint
TierPoint (tierpoint.com) has one of the largest and most geographically diversified U.S. enterprise data center footprints, with 40 world-class, cloud-ready data centers in 20 markets, connected by a coast-to-coast fiber network. TierPoint is also a leading provider of secure, connected IT platform solutions that power the digital transformation of thousands of clients, from the public to private sectors, from small businesses to Fortune 500 enterprises. Taking an agnostic approach to helping clients achieve their most pressing business objectives, TierPoint is a champion for untangling the complexity of hybrid, multi-platform approaches to IT infrastructure, drawing on a comprehensive portfolio of services, from public to multitenant and private cloud, from colocation to disaster recovery, security, and more.
About Cequel III
Cequel III (cequel3.com) is a private investment firm, owned by Jerry Kent, based in St. Louis, Missouri, and the management company for TierPoint. The Cequel III team has a well-established track record of over $40 billion in successful transactions, having helped build several industry-leading companies through operational excellence and a focus on superior customer service. With a diverse and successful history as an investor operator, Cequel III today has established a strong reputation as a reliable, knowledgeable investment partner for the management teams of lower-mid-market, growth-oriented companies in multiple sectors, including real estate, healthcare, technology, and business services.
About Argo Infrastructure Partners
Argo Infrastructure Partners (argoip.com), founded by Jason Zibarras, is an independent fund manager based in New York, with a 10-year+ track record of focused investing in North American mid-market infrastructure assets. Argo has invested in 19 high-quality infrastructure businesses, across the U.S. and Canada, in assets and businesses that provide essential services to their communities over their long operational lives, including investments in five utilities (Electric, Gas and Water), ~3 gigawatts of energy generation (Thermal, C&I Solar-PV and Hydro), ~1.5 gigawatts of energy transmission and storage, digital infrastructure, transportation infrastructure as well as other critical infrastructure assets. Argo’s investment philosophy couples sound investment return with responsible and sustainable investing. As of Q2 2025, Argo manages ~$7.75 billion in assets.
Contact: Pete Abel, pete.abel@tierpoint.com
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