Vertiv, a global provider of critical digital infrastructure and continuity solutions, has confirmed Giordano Albertazzi as CEO and appointed him to the board of directors.
Albertazzi assumes the role at a time of continued strong demand across Vertiv’s data centre end markets. The company reported a record order backlog of US$4.7 billion as of the end of the third quarter of 2022. Vertiv is a leader in providing thermal, power, IT management and integrated solutions for global data centre operators to meet ongoing consumer demand.
Albertazzi said he was ‘honoured’ to take the helm. “I’m looking forward to working closely with our leadership team and employees around the world to continue to increase the value we create for our customers, further strengthen our financial performance and create long-term value for our shareholders,” he said.
Dave Cote, Executive Chairman at Vertiv, said: “With more than two decades of operational and business experience at Vertiv and a track record of performance in both Europe and the Americas, Giordano is the right person to drive Vertiv forward.”
Vertiv announced its CEO succession plan in October 2022 and since then Albertazzi assumed the role of Chief Operating Officer, working closely with former CEO Rob Johnson, on transition.
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