David Jones, the founder and longtime CEO of Peak 10 who directed the data center and services firm to a presence of data centers in 10 markets (including the Triangle), is moving into role as chairman.

The privately held firm named Chris Downie, a veteran data center exec, as the new CEO on Monday.

“After over a decade and a half of continuous growth and success, we began the search for a new chief executive officer who could take Peak 10 into its next phase,” said Jones in a statement.

“Chris’ experience and leadership accomplishments match the goals and objectives of the company while maintaining the culture and values that have made Peak 10 the company it is today. I applaud the success he has had in his career thus far, and am confident that he will lead Peak 10 to new heights of success.”

Peak 10 was sold to a private equity firm in 2014.

“I have long admired Peak 10, its team, and their proven track record of success over the last 16 years,” Downie said in the announcement.

“The company has a strong, tenured service model that creates the foundation for its value proposition appreciated by its 2,600 customers and partners across the country. I have been working hard over the last decade to build trusted, dynamic solutions for customer’s evolving IT infrastructure needs and Peak 10 is a great place to continue this journey,” said Downie. “It is an honor to be handed the torch by Dave Jones, who will be a valued mentor and steward of the business for a long time to come.”

Telx operates 20 data centers in 13 markets. Downie was CEO.