Al Verrecchia Chairman, Iron Mountain

Iron Mountain Incorporated announced that Alfred J. Verrecchia became chairman of its board effective March 15, 2013.

Verrecchia, 70, joined the company’s board in March 2010 and was appointed lead independent director in June 2012. He has been chairman-elect since late 2012, when the company announced the retirement of longtime CEO and chairman Richard Reese and welcomed new CEO William Meaney. With the appointment of Verrecchia, the board separates the chairman and CEO roles between two individuals, creating a new leadership structure for the company and reflecting best practices for corporate governance.

Verrecchia is also chairman of the board at Hasbro Inc., a publicly-held, branded play and entertainment company. He has spent his entire career at Hasbro, holding various senior leadership roles, including COO and CFO before serving as CEO from 2003-2008. He was elected chairman in 2008.

"Al has provided our board with deep executive and financial pedigree since he joined, and he’ll make a fine chairman," said Bill Meaney, president and CEO of Iron Mountain. "I look forward to working with him in his new role and leading Iron Mountain to deliver sustainable value through steady, long-term revenue growth and a continued focus on driving strong returns on our invested capital."

In addition to his chairman duties for Iron Mountain and Hasbro, Verrecchia has experience with board service, having been on the board of Old Stone Corporation from 1987 to 2012, FGX International Holdings from February 2009 to March 2010, and CVS Caremark from September 2004 to March 2007.

He holds a B.A. and M.A. from the University of Rhode Island.

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