Vertiv appoints Albertazzi as CEO
10 January 2023 US
Image: Vertiv
Digital infrastructure and continuity solutions provider Vertiv has appointed Giordano Albertazzi as CEO and as a member of its board of directors.
Based in Ohio, Albertazzi will aim to increase Vertiv’s customer focus as the company addresses the infrastructure and business needs of the data centre, communication networks and industrial applications.
He enters the role after more than 20 years at Vertiv, formerly Emerson Network Power, and will continue to carry out his current responsibilities as president of Americas until a successor is named.
During his time at the firm, he has held a number of senior positions including president of Europe, the Middle East and Africa (EMEA) and vice president of sales for EMEA.
Commenting on the appointment, Albertazzi says: “I am 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.
“We will work to achieve our full potential by focusing on building a high-performance culture of collaboration and innovation; institutionalising operational excellence and execution and, ultimately, delivering profitable growth and improved cash flow.”
Vertiv executive chairman Dave Cote adds: “With more than two decades of operational and business experience at Vertiv, and a track record of performance in Europe and the Americas, Giordano is the right person to drive the firm forward.
“He was instrumental in driving significant operational and financial improvements while leading EMEA, and in the ongoing turnaround of the Americas. Giordano’s operational expertise and deep understanding of Vertiv’s business and customers will be pivotal in driving continued performance improvement while navigating macroeconomic uncertainty.”
Based in Ohio, Albertazzi will aim to increase Vertiv’s customer focus as the company addresses the infrastructure and business needs of the data centre, communication networks and industrial applications.
He enters the role after more than 20 years at Vertiv, formerly Emerson Network Power, and will continue to carry out his current responsibilities as president of Americas until a successor is named.
During his time at the firm, he has held a number of senior positions including president of Europe, the Middle East and Africa (EMEA) and vice president of sales for EMEA.
Commenting on the appointment, Albertazzi says: “I am 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.
“We will work to achieve our full potential by focusing on building a high-performance culture of collaboration and innovation; institutionalising operational excellence and execution and, ultimately, delivering profitable growth and improved cash flow.”
Vertiv executive chairman Dave Cote adds: “With more than two decades of operational and business experience at Vertiv, and a track record of performance in Europe and the Americas, Giordano is the right person to drive the firm forward.
“He was instrumental in driving significant operational and financial improvements while leading EMEA, and in the ongoing turnaround of the Americas. Giordano’s operational expertise and deep understanding of Vertiv’s business and customers will be pivotal in driving continued performance improvement while navigating macroeconomic uncertainty.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
.jpg)