Vertiv announced on October 13, 2025 the appointment of Craig Chamberlin as Chief Financial Officer, effective November 10, 2025, reporting directly to Chief Executive Officer Giordano Albertazzi.

1. 01

   Vertiv announced on October 13, 2025 the appointment of Craig Chamberlin as Chief Financial Officer, effective November 10, 2025, reporting directly to Chief Executive Officer Giordano Albertazzi.

2. 02

   The company said current Chief Financial Officer David Fallon will retire effective November 9, 2025 and, pursuant to his Transition and Consulting Agreement, will serve as a consultant through December 31, 2026.

3. 03

   The company said the Offer Letter provides Chamberlin an annual base salary of $750,000 and an annual target bonus opportunity of 100% of his base salary, and that starting in March 2026 he will be eligible to receive an annual equity grant with a target grant date fair value of $2,000,000.

4. 04

   The company said it offered Chamberlin a one-time sign-on cash award of $300,000 and a one-time sign-on equity grant of restricted stock units with a target grant date fair value of $1,050,700, to vest over 1 years as to 50%, 30% and 20% after one, two and three years, respectively.

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Original filing

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