---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-256141"
form_type: "8-K"
ticker: "VRT"
cik: "0001674101"
company_name: "Vertiv Holdings Co"
filed_at: "2022-10-03T23:59:59+00:00"
generated_at: "2026-06-23T05:59:51.316536+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vertiv CEO Rob Johnson to retire Dec 31; Albertazzi to succeed; Q4 guidance lowered

## Summary
- Rob Johnson retires as CEO effective Dec 31, 2022; Giordano Albertazzi named COO immediately and CEO from Jan 1, 2023.
- Reaffirms Q3 2022 guidance at lower end; revises Q4 2022 adjusted operating profit to $220M-$240M (from prior mid-point down $22.5M) due to FX.
- Updates 2023 adjusted operating profit outlook to $730M-$750M; backlog at record $4.7B.
- Joseph DeAngelo appointed to Board of Directors, expanding board to 11 members.
- Albertazzi to receive $900k base salary, 125% bonus target, annual equity grant of $3.5M, and one-time option grant of 500,000.

## SEC filing metadata
- accession: 0001193125-22-256141
- form_type: 8-K
- ticker: VRT
- cik: 0001674101
- company_name: Vertiv Holdings Co
- filed_at: 2022-10-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674101/000119312522256141/0001193125-22-256141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674101/000119312522256141/d403442d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-256141
- JSON: https://secwatch.observer/filing/0001193125-22-256141.json
- Plain text: https://secwatch.observer/filing/0001193125-22-256141.txt

## Key facts
- Executive change
  Rob Johnson departed as Director at Vertiv Holdings Co.
  - Action: step down
  - Role: Director
  source text: Mr. Johnson will also step down from the Board of Directors effective December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312522256141/0001193125-22-256141-index.htm
- Executive change
  Rob Johnson departed as Chief Executive Officer at Vertiv Holdings Co.
  - Action: retire
  - Role: Chief Executive Officer
  source text: On October 3, 2022, Rob Johnson, Chief Executive Officer of Vertiv Holdings Co (the “Company”) announced that he will retire from his position as CEO of the Company for health-related reasons effective as of December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312522256141/0001193125-22-256141-index.htm
- Executive change
  Joseph J. DeAngelo was appointed as Director at Vertiv Holdings Co.
  - Action: appointed
  - Role: Director
  source text: the Board of the Company increased the authorized number of directors on the Board from ten to eleven and appointed Joseph J. DeAngelo to the Board, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312522256141/0001193125-22-256141-index.htm
- Executive change
  Giordano Albertazzi was appointed as Chief Operating Officer and President, Americas at Vertiv Holdings Co.
  - Action: appointed
  - Role: Chief Operating Officer and President, Americas
  source text: The Company has also announced that Giordano Albertazzi, currently serving as President, Americas, has been appointed Chief Operating Officer and President, Americas of the Company effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312522256141/0001193125-22-256141-index.htm
- Executive change
  Giordano Albertazzi was appointed as Chief Executive Officer at Vertiv Holdings Co.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: and will thereafter assume the role of Chief Executive Officer effective as of January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312522256141/0001193125-22-256141-index.htm
- Executive change
  Giordano Albertazzi was appointed as Director at Vertiv Holdings Co.
  - Action: succeed
  - Role: Director
  source text: Mr. Albertazzi will succeed Mr. Johnson on the Board of Directors as of January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312522256141/0001193125-22-256141-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.