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Vertiv Names Mike Giresi as Global CIO

1. Mike Giresi appointed as Vertiv's global CIO, starting June 30, 2025. 2. He'll focus on AI adoption, cybersecurity, and enhancing customer experience. 3. CEO emphasizes Giresi's expertise in evolving digital strategies. 4. Vertiv aims to improve operational leverage and product development. 5. Company operates in over 130 countries, addressing data center challenges.

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Why Bullish?

The appointment of a seasoned CIO may invigorate Vertiv's digital transformation strategy, potentially increasing operational efficiencies and enhancing customer value, similar to past positive impacts from executive changes in tech companies.

How important is it?

The article highlights a major leadership change that is expected to influence Vertiv's strategic direction significantly, impacting overall market perception and investor confidence.

Why Long Term?

Giresi's strategic direction will take time to manifest, aligning with broader trends in digital evolution within the industry, as previous successes in tech firms show that significant changes require strategic rollout over time.

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Giresi to further reinforce Vertiv's digital and AI strategy, in support of executional strength, superior customer experience and operational leverage, /PRNewswire/ -- Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced that Mike Giresi will join the company on June 30, 2025 as global Chief Information Officer (CIO), leading company initiatives in AI adoption across the business, cybersecurity, product security, and digital enabled productivity and customer experience. Mike Giresi joins Vertiv as global Chief Information Officer "Strong digital and IT vision and execution are central to our strategy to continue to lead the industry and constantly augment the value we are delivering to our customers," said Giordano (Gio) Albertazzi, Vertiv CEO. "Mike deeply understands the opportunities of a rapidly evolving AI, digital and IT space and has the experience, the executional focus and expertise to reinforce our competitive advantages." Giresi said, "I am excited to join Vertiv, helping the global teams to create accretive value through advancement of company digital strategy initiatives. By continuing to evolve and improve Vertiv customer experience, product development and manufacturing capabilities, we will take the next steps towards enabling accelerated adoption of AI and digitization for hyperscale, enterprise and edge customers." Most recently chief digital officer with consumer electronics company Molex, Giresi has more than 30 years of IT experience, with more than 20 in chief leadership roles. He has previously served as chief digital & technology officer at Aramark, CIO of Royal Caribbean Cruises, Ltd., CIO of Tory Burch, CIO of Direct Brands (Columbia House & Doubleday), and CIO, SVP IT for Godiva Chocolatier.Giresi earned an EMBA from Saint Joseph's University – Erivan K. Haub School of Business, and a BA from Seton Hall University in English and Information Systems.About VertivVertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.Forward-looking statementsThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.CONTACTRuder Finn[email protected]SOURCE Vertiv Holdings Co WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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