STOCK TITAN

Vertiv Names Scott Armul to Lead Global Portfolio and Business Units

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Vertiv (NYSE: VRT) has announced the promotion of Scott Armul to executive vice president, global portfolio and business units, effective January 1, 2025. Armul will report to CEO Giordano Albertazzi and focus on driving growth-oriented global portfolio strategy. He will lead engineering R&D and business units including thermal management, power management, IT systems, infrastructure solutions, and global services. This appointment comes as current CTO Stephen Liang transitions to focus on defining vision and strategy for future technology developments. Armul, who joined Vertiv in 2009, currently serves as vice president of global strategic accounts.

Vertiv (NYSE: VRT) ha annunciato la promozione di Scott Armul a vicepresidente esecutivo, portafoglio globale e unità aziendali, con effetto dal 1 gennaio 2025. Armul risponderà al CEO Giordano Albertazzi e si concentrerà sulla guida della strategia globale del portafoglio orientata alla crescita. guiderà la R&S ingegneristica e le unità aziendali, comprese gestione termica, gestione della potenza, sistemi IT, soluzioni infrastrutturali e servizi globali. Questa nomina arriva mentre l'attuale CTO Stephen Liang si concentra sulla definizione della visione e della strategia per gli sviluppi tecnologici futuri. Armul, che è entrato a far parte di Vertiv nel 2009, ricopre attualmente il ruolo di vicepresidente degli account strategici globali.

Vertiv (NYSE: VRT) ha anunciado la promoción de Scott Armul a vicepresidente ejecutivo, cartera global y unidades de negocio, con efecto a partir del 1 de enero de 2025. Armul informará al CEO Giordano Albertazzi y se enfocará en impulsar la estrategia global del portafolio orientada al crecimiento. Dirigirá la I+D en ingeniería y las unidades de negocio, que incluyen gestión térmica, gestión de energía, sistemas de TI, soluciones de infraestructura y servicios globales. Esta designación se produce en un momento en que el actual CTO Stephen Liang se está trasladando para centrarse en la definición de la visión y la estrategia para futuros desarrollos tecnológicos. Armul, que se unió a Vertiv en 2009, actualmente se desempeña como vicepresidente de cuentas estratégicas globales.

Vertiv (NYSE: VRT)는 Scott Armul을 전무 부사장, 글로벌 포트폴리오 및 비즈니스 유닛으로 승진시켰다고 발표했으며, 이는 2025년 1월 1일부터 발효된다. Armul은 CEO Giordano Albertazzi에게 보고하며 성장 지향적인 글로벌 포트폴리오 전략을 추진하는 데 주력할 것이다. 그는 열 관리, 전력 관리, IT 시스템, 인프라 솔루션 및 글로벌 서비스를 포함한 엔지니어링 R&D 및 비즈니스 유닛을 이끌 것이다. 이번 임명은 현재 CTO인 Stephen Liang이 미래 기술 개발을 위한 비전과 전략을 정의하는 데 집중하기 위해 전환하는 시점에서 이루어졌다. Armul은 2009년 Vertiv에 합류했으며 현재 글로벌 전략 계정 부사장으로 재직 중이다.

Vertiv (NYSE: VRT) a annoncé la promotion de Scott Armul au poste de vice-président exécutif, portefeuille mondial et unités commerciales, à compter du 1er janvier 2025. Armul rendra compte au PDG Giordano Albertazzi et se concentrera sur la mise en œuvre d'une stratégie de portefeuille mondial orientée vers la croissance. Il dirigera la R&D en ingénierie et les unités commerciales, y compris la gestion thermique, la gestion de l'énergie, les systèmes informatiques, les solutions d'infrastructure et les services mondiaux. Cette nomination intervient alors que l'actuel CTO Stephen Liang se concentre sur la définition de la vision et de la stratégie pour les développements technologiques futurs. Armul, qui a rejoint Vertiv en 2009, occupe actuellement le poste de vice-président des comptes stratégiques mondiaux.

Vertiv (NYSE: VRT) hat die Beförderung von Scott Armul zum eigenen Vice President, Global Portfolio and Business Units mit Wirkung zum 1. Januar 2025 bekannt gegeben. Armul wird an CEO Giordano Albertazzi berichten und sich auf die Umsetzung einer wachstumsorientierten globalen Portfolio-Strategie konzentrieren. Er wird die technische Entwicklung und die Geschäftsbereiche, einschließlich Wärme-Management, Energie-Management, IT-Systeme, Infrastruktur-Lösungen und globale Dienstleistungen, leiten. Diese Ernennung erfolgt, während der derzeitige CTO Stephen Liang sich darauf konzentriert, die Vision und Strategie für zukünftige technologische Entwicklungen zu definieren. Armul, der 2009 zu Vertiv kam, ist derzeit als Vice President für globale strategische Konten tätig.

Positive
  • Strategic reorganization of executive leadership to enhance focus on technology development and portfolio growth
  • Internal promotion demonstrates succession planning and talent retention
Negative
  • None.

Appointment as executive vice president to start January 1, 2025

COLUMBUS, Ohio--(BUSINESS WIRE)-- Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that on January 1, 2025, Scott Armul will be promoted to executive vice president, global portfolio and business units, reporting to Vertiv CEO Giordano (Gio) Albertazzi. Armul will focus on driving a growth-oriented global portfolio strategy, as Vertiv continues to expand its offerings to meet evolving industry and customer needs in an increasingly demanding digital economy.

Vertiv promotes Scott Armul to executive vice president, global portfolio and business units, effective January 1, 2025 (Photo: Business Wire)

Vertiv promotes Scott Armul to executive vice president, global portfolio and business units, effective January 1, 2025 (Photo: Business Wire)

As previously announced, effective January 1, 2025, Stephen Liang, Vertiv’s chief technology officer and executive vice president of products and solutions, will focus on CTO responsibilities of defining vision and strategy for future technology developments. Armul will lead engineering research and development, as well as the business units that make up Vertiv’s portfolio of solutions – thermal management, power management, IT systems, infrastructure solutions, and global services. Together, Armul and Liang will play a critical role in steering Vertiv’s future technology roadmap.

“During a time when AI is driving unprecedented demand for compute, our customers rely on our innovation and technology stewardship,” said Albertazzi. “With his knowledge of the business and industry, strategic thinking, and great customer intimacy, I’m confident that Scott will guide Vertiv’s global portfolio and business units to intensely lead the industry and more rapidly and profoundly enable our customers to achieve their infrastructure business objectives.”

“My experience across technical, leadership and customer-oriented roles at Vertiv has provided deep insights into our business and how we deliver value to the market,” said Armul. “This is an exciting, dynamic time to be in our industry, and we are well positioned to enable the rapid pace of evolution. I’m looking forward to joining the executive team and continuing to drive excellence in our business units and our portfolio of solutions.”

Armul began his career with Vertiv in 2009 as a business planning and development MBA intern and returned as a full-time strategic planner role in 2010. His other positions at Vertiv included senior marketing manager for Vertiv services, director of AC power product management, vice president and general manager of DC power and outside plant solutions for the Americas, and vice president of global DC power and outside plant. Armul is currently vice president of global strategic accounts, achieving increased order volume with these customers while executing strategic initiatives directly tied to Vertiv’s growth.

For more information about Vertiv, visit Vertiv.com or investors.Vertiv.com.

About Vertiv

Vertiv (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 employs approximately 24,000 people and does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Forward-Looking Statements

This 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.

Sara Steindorf

E sara.steindorf@fleishman.com

Source: Vertiv Holdings Co

FAQ

When will Scott Armul start his new role at Vertiv (VRT)?

Scott Armul will start his new role as executive vice president, global portfolio and business units at Vertiv on January 1, 2025.

What will be Scott Armul's responsibilities at Vertiv (VRT)?

Armul will lead engineering R&D and business units including thermal management, power management, IT systems, infrastructure solutions, and global services, while focusing on driving growth-oriented global portfolio strategy.

What is Stephen Liang's new role at Vertiv (VRT) from January 2025?

Stephen Liang will focus on CTO responsibilities, specifically defining vision and strategy for future technology developments.

Vertiv Holdings Co

NYSE:VRT

VRT Rankings

VRT Latest News

VRT Stock Data

46.50B
375.34M
0.91%
85.54%
4.8%
Electrical Equipment & Parts
Electronic Components, Nec
Link
United States of America
WESTERVILLE