Vertiv(US:VRT) Prnewswireยท2025-05-28 10:45Company Announcement - Vertiv's CFO, David Fallon, will retire due to family reasons, with a successor expected to be named in the second half of 2025 [1][5] - Fallon will serve as a consultant until December 31, 2026, to ensure a smooth transition [1][5] Leadership Comments - Fallon expressed gratitude for his eight years at Vertiv, highlighting the company's achievements and future opportunities [2] - CEO Giordano Albertazzi acknowledged Fallon's contributions to redefining financial operations and driving growth [2] - Executive Chairman Dave Cote praised Fallon's leadership in establishing foundational strengths for the company's success [2] Financial Guidance - Vertiv reaffirms its second quarter and full year 2025 guidance, indicating robust momentum in the data center market driven by AI demand [3][5] - The company continues to invest in research, development, and capacity expansion to meet industry needs [3]