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COLUMBUS, Ohio - Vertiv Holdings Co (NYSE:VRT), a provider of critical digital infrastructure and a standout performer with over 140% stock appreciation in the past six months, announced Monday the appointment of Craig Chamberlin as Executive Vice President and Chief Financial Officer, effective November 10, 2025. The company, currently valued at $64.5 billion, has demonstrated robust growth with revenue increasing by 26% over the last twelve months.
Chamberlin will succeed David Fallon, who previously announced his retirement from the company. Fallon will serve as a consultant to Vertiv through December 31, 2026.
The incoming CFO joins Vertiv from Wabtec Corporation, where he most recently served as Group Vice President and Chief Financial Officer of the company’s Transit segment. Before Wabtec, Chamberlin spent 14 years at General Electric in various senior financial leadership roles.
"Craig’s proven track record in operational finance, business transformation and value creation strongly aligns with Vertiv’s strategic priorities," said Giordano Albertazzi, Chief Executive Officer of Vertiv, according to the press release.
Chamberlin holds an MBA in Operations and Logistics and a Bachelor of Science in Electrical Engineering from Ohio University.
Albertazzi also acknowledged Fallon’s contributions during his eight-year tenure as CFO, during which Vertiv transitioned to a public company.
Vertiv, headquartered in Westerville, Ohio, provides power, cooling and IT infrastructure solutions and services to data centers and other facilities.
In other recent news, Vertiv has announced a quarterly cash dividend of $0.0375 per share for its Class A common stock, payable on September 25, 2025. The company is also set to unveil new AI-ready data center solutions at the upcoming 2025 OCP Global Summit, showcasing technologies designed for high-density AI environments. Vertiv’s exhibition will include the Vertiv SmartIT OCP rack solution, supporting loads up to 142 kW with prefabricated configurations. In leadership changes, Scott Armul will take on the role of chief product and technology officer as Stephen Liang plans to retire in 2026.
CFRA has downgraded Vertiv from Strong Buy to Buy, though it raised the price target to $180.00, citing the stock’s strong year-to-date performance. Meanwhile, UBS has maintained its Buy rating and a $173.00 price target on Vertiv, despite concerns over Microsoft’s new cooling system potentially impacting Vertiv’s market position. These developments reflect ongoing adjustments and strategic initiatives within Vertiv as it navigates market dynamics and leadership transitions.
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