Digital Realty Trust, Inc. has announced that Scott E. Peterson has been appointed chief investment officer, effective immediately. Peterson previously served as the company's chief acquisitions officer, and in his expanded role, he will be responsible for evaluating capital allocation decisions with a mandate to drive improvement in return on invested capital. The company will not seek a replacement for the chief acquisitions officer role.

A. William Stein, Digital Realty's interim chief executive officer, stated, "We are pleased to announce Scott's well-deserved appointment to the role of chief investment officer. As a co-founder of the company and former chief acquisitions officer, he has been an invaluable member of our senior management team, and is the clear-cut choice to lead our efforts to optimize the return on our overall portfolio, rationalize our inventory management, and standardize the underwriting process across all investment disciplines."