Emerson rebrands as Vertiv; Appoints Rob Johnson as CEO
Emerson Network Power today announced the appointment
of Rob Johnson as CEO and officially commenced a campaign to rebrand
the standalone company as Vertiv.
Vertiv is a global provider of mission-critical
infrastructure technologies for vital applications in data centers,
communication networks, and commercial and industrial environments. The
company, which is headquartered in Columbus, Ohio has more than 20,000
employees and more than 25 manufacturing and assembly facilities
worldwide.
Platinum Equity acquired the business today from
Emerson in a transaction valued in excess of $4 billion and Emerson has
also retained a minority interest in the company.
Johnson, most recently an operating partner at
Kleiner Perkins Caufield & Byers, spent 10 years at American Power
Conversion (APC), a leader in data center infrastructure. He was
president and CEO of APC when the company was sold to Schneider Electric
for $6.1 billion in 2007. While at APC he also served as general
manager of the company’s Availability ...Read More
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