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

Comments

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Prizm Payment Services changes its name to Hitachi Payment Services