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Investing.com -- Vertiv Holdings Co (NYSE:VRT) stock rose 3.1% Monday after the critical digital infrastructure company announced the appointment of Craig Chamberlin as its new Executive Vice President and Chief Financial Officer.
Chamberlin, who will take on the role effective November 10, 2025, joins Vertiv from Wabtec Corporation where he served as Group Vice President and CFO of the company’s Transit segment. He will succeed David Fallon, who previously announced his intention to retire but will continue as a consultant through December 31, 2026.
The incoming CFO brings significant operational finance experience, having demonstrated leadership in driving margin improvement and strategic capital deployment at Wabtec. Prior to that role, Chamberlin spent 14 years at General Electric in various senior financial leadership positions.
Vertiv CEO Giordano Albertazzi highlighted Chamberlin’s expertise in operational excellence and profitable growth as key factors in the appointment, noting these skills align with the company’s strategic priorities to accelerate margin expansion initiatives and capitalize on opportunities in the data center infrastructure market.
The leadership change comes as Vertiv continues to strengthen its position in the critical digital infrastructure sector, with investors responding positively to the appointment of an executive with experience in business transformation and value creation.
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