Vertiv completes CEO succession; Giordano Albertazzi becomes CEO effective Jan 1, 2023

Vertiv Holdings Co

Giordano Albertazzi assumed CEO role on Jan 1, 2023, appointed to Board of Directors.
Albertazzi remains President, Americas until successor named; COO role eliminated, oversight to regional Presidents.
Former CEO Rob Johnson transition planned; Albertazzi had served as COO since October 2022.
Company cites record order backlog of $4.7B as of Q3 2022 as demand backdrop.
Focus on operational excellence, profitable growth, high-performance culture, innovation.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Giordano Albertazzi

Member of the Board of Directors

VRT · Vertiv Holdings Co

Effective: 2023-01-01
Filed: January 3, 2023, 6:59 PM ET

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

Role change

Giordano Albertazzi

Chief Executive Officer

VRT · Vertiv Holdings Co

Effective: 2023-01-01
Filed: January 3, 2023, 6:59 PM ET

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

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Giordano Albertazzi was appointed as Member of the Board of Directors at Vertiv Holdings Co.

Action: became a member of
Role: Member of the Board of Directors

Exact text from the filing

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

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Giordano Albertazzi changed role as Chief Executive Officer at Vertiv Holdings Co.

Action: assumed the role of
Role: Chief Executive Officer

Exact text from the filing

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

View on SEC.gov

Vertiv Holdings Co filing history →

Source: SEC EDGAR

accession 0001628280-23-000006

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