By Anvee Bhutani
Keel Infrastructure shares rose Monday after the company appointed former Digital Realty executive Ganesh Aiyer as president, effective Monday.
Shares of the infrastructure company were recently up about 10% at $5.06.
Aiyer most recently served as chief business officer at Digital Realty Trust, where he oversaw global commercial strategy and business operations. Before that, he held senior leadership roles at Schneider Electric and Dell Technologies.
As president, Aiyer will receive an annual base salary of $500,000 and be eligible for a target annual bonus equal to 100% of his base salary. He is also expected to receive a one-time grant of 100,000 stock options and restricted stock units valued at $1.5 million, subject to board approval.
Write to Anvee Bhutani at anvee.bhutani@wsj.com