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Posted 03 January, 2023

Vertiv Holdings Co appointed Giordano Albertazzi ("Albertazzi as new CEO

NYSE:VRT appointed new Chief Executive Officer Giordano Albertazzi ("Albertazzi in a 8-K filed on 03 January, 2023.


  Effective January 1, 2023, as previously announced on October 3, 2022, Vertiv Holdings Co (the "Company") completed its succession plan as Giordano Albertazzi ("Albertazzi") assumed the role of Chief Executive Officer of the Company and became a member of the Company's board of directors; in addition to becoming Chief Executive Officer, Albertazzi will also continue in his position as President, Americas, until a successor is named.  

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Overview of Vertiv Holdings Co
Industrial Goods • Industrial Electronics
Vertiv Holdings Co. engages in the design, manufacture, and service of critical digital infrastructure technology that powers, cools, deploys, secures and maintains electronics that process, store and transmit data. It also offers power management products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure. It operates through the following segments: Americas, Asia Pacific, and Europe, Middle East and Africa (EMEA). The Americas segment offers critical infrastructure and solutions, integrated rack solutions, and services and spares. The Asia Pacific segment includes products and services sold for applications within the data center, communication networks, and commercial or industrial markets throughout China, India, and the rest of Asia. The EMEA segment sells products and services for applications within the data center, communication networks and commercial/industrial markets. The company was founded on February 7, 2020 and is headquartered in Columbus, OH.
Market Cap
$33.6B
View Company Details
Vertiv Holdings Co by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Effective January 1, 2023, as previously announced on October 3, 2022, Vertiv Holdings Co (the "Company") completed its succession plan as Giordano Albertazzi ("Albertazzi") assumed the role of Chief Executive Officer of the Company and became a member of the Company's board of directors; in addition to becoming Chief Executive Officer, Albertazzi will also continue in his position as President, Americas, until a successor is named. In connection with Albertazzi transitioning out of the Chief Operating Officer role, operational oversight will reside with regional Presidents to further focus on regional performance.