Vertiv, a supplier of essential digital infrastructure and business continuity solutions, has announced that Chief Financial Officer David Fallon will retire from his role in the second half of 2025 due to family reasons. Fallon, who has served as CFO since 2017, will continue in his position until a successor is appointed. He will then transition into a consultancy role through December 31, 2026, to support a smooth handover. Fallon expressed gratitude for his time at Vertiv, highlighting, “I will always value the meaningful relationships I've built with colleagues, the Board, investors, and analysts. These connections have meant a great deal to me, and I will deeply miss them. However, I am fully committed to supporting a smooth transition with my successor, and remain laser focused on delivering results for this year and building for the future—both as a proud continued member of the Vertiv family and as a loyal shareholder."
Executive Chairman Dave Cote acknowledged, "I want to extend my sincere appreciation for David's instrumental role in establishing the company's foundational strengths, which have paved the way for our continued success. His pivotal leadership over the years has helped to shape Vertiv into what it is today, and I'm genuinely grateful for his lasting contributions." Vertiv continues to support customers across data centers, communication networks, and industrial facilities with its integrated portfolio of infrastructure solutions.
