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IRM > SEC Filings for IRM > Form 8-K on 20-Mar-2013All Recent SEC Filings

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Change in Directors or Principal Officers

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The previously announced retirement of C. Richard Reese from the Board of Directors (the "Board") of Iron Mountain Incorporated (the "Company") became effective on March 15, 2013. The Company expects that Mr. Reese will continue to be employed by the Company in an advisory capacity for approximately 15 months and will receive compensation of $450,000 for the remainder of 2013 and $50,000 for the period of January 1, 2014 through June 30, 2014.

In addition, on March 14, 2013, the Board and Mr. Allan Z. Loren, currently a director of the Company, determined that Mr. Loren will not stand for re-election at the 2013 annual meeting of stockholders since, at the time of the annual meeting, Mr. Loren will have reached the director retirement age limit as set forth in the Company's Corporate Governance Guidelines.

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