Vertiv Holdings Co Management

Management criteria checks 4/4

Vertiv Holdings Co's CEO is Giordano Albertazzi, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is $6.18M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth €10.38M. The average tenure of the management team and the board of directors is 2.9 years and 4.3 years respectively.

Key information

Giordano Albertazzi

Chief executive officer

US$6.2m

Total compensation

CEO salary percentage	14.0%
CEO tenure	1.3yrs
CEO ownership	0.03%
Management average tenure	2.9yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Giordano Albertazzi's remuneration changed compared to Vertiv Holdings Co's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$404m
Dec 31 2023	US$6m	US$865k	US$460m
Sep 30 2023	n/a	n/a	US$254m
Jun 30 2023	n/a	n/a	US$181m
Mar 31 2023	n/a	n/a	US$118m
Dec 31 2022	US$12m	US$597k	US$77m

Compensation vs Market: Giordano's total compensation ($USD6.18M) is about average for companies of similar size in the German market ($USD5.32M).

Compensation vs Earnings: Giordano's compensation has been consistent with company performance over the past year.

CEO

Giordano Albertazzi (56 yo)

1.3yrs

Tenure

US$6,183,174

Compensation

Mr. Giordano Albertazzi served as Chief Operating Officer for Vertiv Holdings Co since October 03, 2022. He served as President of Americas at Vertiv Holdings Co since March 14, 2022 until July 01, 2023 an...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Cote	Executive Chairman	4.3yrs	US$899.00k	0.55% $ 180.7m
Giordano Albertazzi	CEO & Director	1.3yrs	US$6.18m	0.032% $ 10.4m
David Fallon	Chief Financial Officer	4.3yrs	US$2.74m	0.044% $ 14.3m
Stephen Liang	CTO & Executive VP	3.3yrs	US$2.35m	0.0097% $ 3.2m
Anand Sanghi	President of Americas	3.3yrs	US$3.26m	0.013% $ 4.4m
Anders Karlborg	Executive Vice President of Manufacturing	no data	US$3.55m	0.0060% $ 2.0m
Eric Johnson	Chief Accounting Officer	less than a year	no data	no data
Sheryl Haislet	Chief Information Officer	4.3yrs	no data	0.0027% $ 895.3k
Stephanie Gill	Chief Legal Counsel & Corporate Secretary	3.3yrs	US$1.90m	0.0020% $ 646.0k
Rainer Stiller	Chief Marketing Officer	2yrs	no data	no data
Cheryl Lim	Chief Human Resources Officer	1.8yrs	no data	0.0011% $ 370.6k
Philip O'Doherty	Managing Director of E & I Engineering	2.5yrs	US$2.98m	no data

2.9yrs

Average Tenure

56yo

Average Age

Experienced Management: 49V's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Cote	Executive Chairman	4.3yrs	US$899.00k	0.55% $ 180.7m
Giordano Albertazzi	CEO & Director	1.3yrs	US$6.18m	0.032% $ 10.4m
Steven Reinemund	Independent Director	4.3yrs	US$359.70k	0.098% $ 32.3m
Roger Fradin	Independent Director	4.3yrs	US$339.70k	0.098% $ 32.3m
Edward Monser	Independent Director	4.3yrs	US$309.70k	0.012% $ 3.9m
Joseph DeAngelo	Independent Director	1.6yrs	US$309.70k	0.019% $ 6.3m
Jacob Kotzubei	Independent Director	4.3yrs	US$309.70k	0% $ 0
Jakki Haussler	Independent Director	1.8yrs	US$309.70k	0% $ 0
Robin Washington	Independent Director	4.3yrs	US$309.70k	0.0027% $ 875.6k
Matthew Louie	Independent Director	4.3yrs	US$309.70k	0% $ 0
Joseph Dokkum	Independent Director	4.3yrs	US$324.70k	0.0067% $ 2.2m

4.3yrs

Average Tenure

67.5yo

Average Age

Experienced Board: 49V's board of directors are considered experienced (4.3 years average tenure).

Vertiv Holdings Co Management

Management criteria checks 4/4

Key information

Recent management updates

Vertiv Holdings Co, Annual General Meeting, Jun 19, 2024

Vertiv Holdings Co Announces Chief Accounting Officer Changes, Effective on or Around April 29, 2024

Insider recently sold €2.0m worth of stock

Vertiv Holdings Co Appoints Anand Sanghi President of the Americas Region, Effective from July 1, 2023

High number of new directors

High number of new directors

Recent updates

Vertiv Holdings Co, Annual General Meeting, Jun 19, 2024

First quarter 2024 earnings released: US$0.016 loss per share (vs US$0.13 profit in 1Q 2023)

Vertiv Holdings Co Provides Earnings Guidance for the Second Quarter and Full Year of 2024

New major risk - Share price stability

Vertiv Holdings Co to Report Q1, 2024 Results on Apr 24, 2024

Vertiv Holdings Co Announces Chief Accounting Officer Changes, Effective on or Around April 29, 2024

Investor sentiment improves as stock rises 17%

Vertiv Holdings Co Declares Quarterly Cash Dividend, Payable on March 28, 2024

Full year 2023 earnings released: EPS: US$1.21 (vs US$0.20 in FY 2022)

Vertiv Holdings Co Provides Earnings Guidance for the First Quarter and Full Year 2024

Now 21% undervalued

Vertiv Holdings Co to Report Q4, 2023 Results on Feb 21, 2024

Now 20% undervalued

The subsidiaries of Vertiv Holdings Co (NYSE:VRT) entered into a definitive agreement to acquire all of the shares of CoolTera Ltd.

Vertiv Holdings Co (NYSE:VRT) announces an Equity Buyback for $3,000 million worth of its shares.

Vertiv Holdings Co (NYSE:VRT) announces an Equity Buyback for $3,000 million worth of its shares.

Now 30% undervalued

Third quarter 2023 earnings released: EPS: US$0.25 (vs US$0.056 in 3Q 2022)

Vertiv Holdings Co Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Vertiv Holdings Co to Report Q3, 2023 Results on Oct 25, 2023

Investor sentiment improves as stock rises 34%

New major risk - Share price stability

Second quarter 2023 earnings released: EPS: US$0.22 (vs US$0.054 in 2Q 2022)

Vertiv Holdings Co Raises Earnings Guidance for the Year 2023

Vertiv Holdings Co to Report Q2, 2023 Results on Aug 02, 2023

Insider recently sold €2.0m worth of stock

Investor sentiment improves as stock rises 20%

Vertiv Holdings Co Appoints Anand Sanghi President of the Americas Region, Effective from July 1, 2023

First quarter 2023 earnings released: EPS: US$0.13 (vs US$0.023 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.20 (vs US$0.34 in FY 2021)

High number of new directors

Vertiv Holdings Co to Report Q4, 2022 Results on Feb 22, 2023

High number of new directors

Vertiv Holdings Co Appoints Giordano Albertazzi as CEO

Now 20% undervalued

High number of new and inexperienced directors

Vertiv Holdings Co. Declares Annual Cash Dividend on Class A Common Stock, Payable on December 15, 2022

Director recently bought €1.0m worth of stock

Now 23% undervalued

Vertiv Holdings Co Re-Affirms Earnings Guidance for the Fourth Quarter and Full Year of 2022 and Full Year of 2023

Investor sentiment improved over the past week

Vertiv Holdings Co Announces Executive Changes

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Vertiv Holdings Co Names Cheryl Lim as Chief Human Resources Officer

Vertiv Appoints Jakki Haussler to Its Board of Directors

Vertiv Holdings Co Announces Departure of Jason Forcier as Chief Operating Officer and Executive Vice President – Infrastructure and Solutions, Effective November 1, 2022

Second quarter 2022 earnings released: EPS: US$0.054 (vs US$0.028 in 2Q 2021)

Investor sentiment improved over the past week

Vertiv Holdings Co to Report Q2, 2022 Results on Aug 03, 2022

Vertiv Strengthens EMEA Leadership Team with New Promotions

Investor sentiment deteriorated over the past week

Vertiv Names Rainer Stiller Chief Marketing Officer

Bernstein Litowitz Berger & Grossmann LLP Announces the Filing of Securities Class Action Lawsuit Against Vertiv Holding Co., Expanding the Claims Asserted and Class Period

First quarter 2022 earnings released: EPS: US$0.023 (vs US$0.091 in 1Q 2021)

High number of new and inexperienced directors

VRT Investors Have Opportunity to Lead Vertiv Holdings Co Securities Fraud Lawsuit

Vertiv Holdings Co to Report Q1, 2022 Results on Apr 27, 2022

Investor sentiment improved over the past week

Insider recently bought €104k worth of stock

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Vertiv Holdings Co Announces Earnings Guidance for First Quarter 2022, First Half 2022, Second Half 2022 and Full Year 2022

Vertiv Holdings Co to Report Q4, 2021 Results on Feb 23, 2022

Inaugural dividend of US$0.01 per share

Inaugural dividend of US$0.01 per share

Third quarter 2021 earnings released: EPS US$0.16 (vs US$0.048 loss in 3Q 2020)

Forecast to breakeven in 2021

Vertiv Holdings Co (NYSE:VRT) entered into a definitive agreement to acquire E&I Engineering Ireland Limited and Powerbar Gulf LLC from Powerbar Limited, Philip O’Doherty, Damian McCauley, Cathal McLaughlin, Adrian Sheridan and Paul Connolly for $2 billion.