Latest news with #Vertiv
Yahoo
8 hours ago
- Business
- Yahoo
CFOs On the Move: Week ending May 30
This story was originally published on To receive daily news and insights, subscribe to our free daily newsletter. Due to family reasons, will step down as finance chief of Vertiv, a critical digital infrastructure and continuity solutions provider. A search will be launched for Fallon's successor. Fallon, who has been CFO since 2017, will retire once his successor is named and assumes the role, which is expected in the second half of the year. To help with the transition, Fallon will work as a consultant on his retirement date and through Dec. 31, 2026. Athenahealth appointed Tom Cowhey as the health IT company and electronic health record vendor's new chief financial officer, effective June 9. Cowhey was most recently the CFO of the health care company CVS Health. Before that, he was CFO at Surgery Partners, an independent operator of short-stay and ambulatory surgical facilities. He previously held several roles at Aetna, including as chief financial officer of Aetna's U.S. health plan business. Cowhey replaces John Hofmann, who stepped down late last year. The company operated with an interim finance chief while it searched for his successor. will take over as finance chief of Elanco Animal Health on July 7. VanHimbergen is currently CFO of Hillenbrand, a role he has held since March 2022. He earlier spent 15 years at Johnson Controls, where he held several financial leadership positions, including as CFO of its $9 billion automotive interiors business in China, and led the battery division in Asia. He started his career at PricewaterhouseCoopers, where he spent almost 10 years working with multinational companies. VanHimbergen succeeds Todd Young, who will stay with the company as an adviser through Aug. 31. Lyra Health, a workforce mental health benefits provider, named as CFO, effective June 16. Beaver joins the company from the medical aesthetics company Evolus, where she has been finance chief since 2022. Before that, she was senior vice president of finance at Experian. Earlier, she spent 16 years at global gaming company IGT, where she held several roles, culminating in CFO of its North America gaming and interactive business unit. was appointed finance chief of MindMed, a biopharmaceutical company that develops products to treat brain health disorders. Roberts was most recently the chief financial officer of Longboard Pharmaceuticals, where she helped lead it through its IPO and its $2.6 billion acquisition by Lundbeck in 2024. She has earlier held CFO roles at Lineage Cell Therapeutics, REVA Medical and Mast Therapeutics, and held senior finance positions at Alphatec Spine, Artes Medical, Stratagene and Pfizer. Urgently promoted to chief financial officer of the digital roadside and mobility assistance technology and services provider. Port, who was previously senior vice president of finance, will take over as CFO on June 6. Port was previously vice president of finance and controller of electric vehicle manufacturer Lordstown Motors. After that, he consulted with Nu Ride, which was Lordstown Motors' successor company created as part of its emergence from bankruptcy restructuring. He was previously the CFO of LED lighting products manufacturer Energy Focus. Port replaces Timothy Huffmyer, who is stepping down to pursue other opportunities. was promoted to finance chief of Jack in the Box. Hooper has held several positions over her almost 25-year career at the restaurant company, most recently as senior vice president and controller since December 2022. She has also been serving as its interim principal financial officer since October 2024, a role she has previously held two other times during her tenure. She started her career at KPMG, where she worked for seven years, most recently as a senior manager. Omnidian appointed as the solar power servicing company's new chief financial officer. Fein previously held CFO roles at free wireless phone service provider TextNow, continuous automation software provider Chef Software and RFID devices and software maker Impinj, where he guided its 2016 IPO. Fein is the founding chair of the Seattle Tech CFO community and global chair of the senior finance executive network The F Suite. Industrial technology manufacturing company Littelfuse hired as CFO, effective June 18. Khandelwal joins the company from global industrial company IDEX, where he was most recently the chief financial officer. He earlier held chief financial officer roles at packaging services and label solutions provider Multi-Color and global manufacturer CIRCOR International. He started his career at GE Appliances, where he held several positions over almost eight years, including as an FP&A manager and commercial finance manager. Khandelwal succeeds Meenal Sethna, who will stay with the company as a strategic adviser.
Globe and Mail
a day ago
- Business
- Globe and Mail
Is This Data Center Artificial Intelligence (AI) Stock a Buy Right Now?
This segment of the artificial intelligence market is growing rapidly as enterprises expand their capabilities. *Stock prices used were the afternoon prices of May 27, 2025. The video was published on May 29, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Should you invest $1,000 in Vertiv right now? Before you buy stock in Vertiv, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Vertiv wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor 's total average return is978% — a market-crushing outperformance compared to170%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Al Bawaba
2 days ago
- Business
- Al Bawaba
Vertiv showcases latest AI innovations and customer insights at Datacloud Global Congress 2025
Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, is set to take centre stage at the 20th edition of Datacloud Global Congress, on June 3-5 in Cannes, France, a landmark event that marks two decades of driving growth across the ICT ecosystem. Vertiv will join industry leaders and customers to explore the infrastructure demands of AI and HPC (high-performance computing), the growth of emerging markets, and the evolving talent landscape. At stand #94, Vertiv will unveil its latest innovations and provide access to next-gen digital critical infrastructure, with key experts on hand to share insights on AI-ready solutions and CEO Giordano (Gio) Albertazzi will provide his perspective into the impact of AI on data centre business models, scalability challenges and flexible deployment models during the keynote panel and will discuss the impact of AI and HPC demands on the future of data Winther, president of Vertiv EMEA says, 'It's essential for the data center industry to innovate and adapt with the fast-paced advancements in AI. By adopting modular designs, cutting-edge cooling solutions, and flexible power management, data centers can meet AI's computational needs and promote reliable growth in the digital era."At the Vertiv stand, attendees can immerse themselves in the Vertiv™ XR app, explore the Virtual Showroom, and participate in exclusive VR Guided Tours. These experiences offer virtual interaction with the latest power and thermal management solutions designed for AI applications, showcasing their capabilities through virtual and augmented reality, giving attendees the unique opportunity to preview Vertiv's advanced products and solutions designed to power and cool the most demanding AI will contribute to these key sessions: Talent in Tech: The Incredible Journey of Innovation and Talent3rd June, 17:40 – 17:50 pm CET, Salon CroisetteJoin Stefano Mozzato, Vertiv's EMEA marketing vice president, as he shares practical insights on talent development in the digital infrastructure sector, drawing from his own career journey. As one of the sponsors of the Talent in Tech initiative, Vertiv will also take part in dedicated workshops on June 4 and 5, offering perspectives on workforce development in the fast-evolving data center Panel: The Future of Data Centres: How are we keeping up with AI and HPC demands?4th June, 10:55 –11:40 am CET, Keynote Theatre, Palais des Festivals,Join Vertiv CEO Gio Albertazzi and other industry experts from CBRE, NTT Global, VIRTUS Data Centers, Digital Realty and Oracle for this must-attend session focusing on the impact of AI on data centre business Data centre design: Flexibility, scalability, and reliability4th June, 16:15 – 16:55 pm CET, Keynote Theatre, Palais des FestivalsJoin Vedran Brzić, VP infrastructure solutions, Vertiv EMEA, and other industry experts for this key session focusing on how technological advancements are impacting data center design, increasing the need for flexible and scalable DC accelerates AI infrastructure with modular prefabricated solution from Vertiv5th June, 11:25 – 11:40 pm CET, Innovation Stage, Palais des FestivalsJoin Andy Hayes, CEO at Polar DC, Andrew Mitchell, senior director sales strategic accounts EMEA at Vertiv, and Kresimir Krpan, senior director of solution architecture and business development at Vertiv, to learn how Polar DC is deploying 12 MW of AI-ready capacity, easily scalable to 50MW. Powered entirely by hydro energy, the facility leverages Vertiv's integrated solutions and latest power and cooling technologies to support AI and HPC workloads with maximum efficiency. For additional insights into the Polar DC project, read the press release or explore the case study at this link. Vertiv is also shortlisted in 5 categories for the 2025 Datacloud Global Awards: Commitment to Diversity and Talent Development, two nominations for Best AI Innovation, one with Compass Datacenters; also, two nominations for Young Talent of the Year.
Mid East Info
2 days ago
- Business
- Mid East Info
Vertiv showcases latest AI innovations and customer insights at Datacloud Global Congress 2025 - Middle East Business News and Information
Immersive tech experiences, talent development initiatives, and customer success stories highlight Vertiv's leadership in AI-ready digital infrastructure Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, is set to take centre stage at the 20th edition of Datacloud Global Congress, on June 3-5 in Cannes, France, a landmark event that marks two decades of driving growth across the ICT ecosystem. Vertiv will join industry leaders and customers to explore the infrastructure demands of AI and HPC (high-performance computing), the growth of emerging markets, and the evolving talent landscape. At stand #94, Vertiv will unveil its latest innovations and provide access to next-gen digital critical infrastructure, with key experts on hand to share insights on AI-ready solutions and services. Vertiv CEO Giordano (Gio) Albertazzi will provide his perspective into the impact of AI on data centre business models, scalability challenges and flexible deployment models during the keynote panel and will discuss the impact of AI and HPC demands on the future of data centers. Karsten Winther, president of Vertiv EMEA says, 'It's essential for the data center industry to innovate and adapt with the fast-paced advancements in AI. By adopting modular designs, cutting-edge cooling solutions, and flexible power management, data centers can meet AI's computational needs and promote reliable growth in the digital era.' At the Vertiv stand, attendees can immerse themselves in the Vertiv™ XR app, explore the Virtual Showroom, and participate in exclusive VR Guided Tours. These experiences offer virtual interaction with the latest power and thermal management solutions designed for AI applications, showcasing their capabilities through virtual and augmented reality, giving attendees the unique opportunity to preview Vertiv's advanced products and solutions designed to power and cool the most demanding AI workloads. Vertiv will contribute to these key sessions: Talent in Tech: The Incredible Journey of Innovation and Talent 3rd June, 17:40 – 17:50 p m CET, Salon Croisette Join Stefano Mozzato, Vertiv's EMEA marketing vice president, as he shares practical insights on talent development in the digital infrastructure sector, drawing from his own career journey. As one of the sponsors of the Talent in Tech initiative, Vertiv will also take part in dedicated workshops on June 4 and 5, offering perspectives on workforce development in the fast-evolving data center industry. Keynote Panel: The Future of Data Centres: How are we keeping up with AI and HPC demands? 4th June, 10:55 –11:40 am CET, Keynote Theatre, Palais des Festivals, Join Vertiv CEO Gio Albertazzi and other industry experts from CBRE, NTT Global, VIRTUS Data Centers, Digital Realty and Oracle for this must-attend session focusing on the impact of AI on data centre business models. Panel: Data centre design: Flexibility, scalability, and reliability 4th June, 16:15 – 16:55 pm CET, Keynote Theatre, Palais des Festivals Join Vedran Brzić, VP infrastructure solutions, Vertiv EMEA, and other industry experts for this key session focusing on how technological advancements are impacting data center design, increasing the need for flexible and scalable solutions. Polar DC accelerates AI infrastructure with modular prefabricated solution from Vertiv 5th June, 11:25 – 11:40 pm CET, Innovation Stage, Palais des Festivals Join Andy Hayes, CEO at Polar DC, Andrew Mitchell, senior director sales strategic accounts EMEA at Vertiv, and Kresimir Krpan, senior director of solution architecture and business development at Vertiv, to learn how Polar DC is deploying 12 MW of AI-ready capacity, easily scalable to 50MW. Powered entirely by hydro energy, the facility leverages Vertiv's integrated solutions and latest power and cooling technologies to support AI and HPC workloads with maximum efficiency. Vertiv is also shortlisted in 5 categories for the 2025 Datacloud Global Awards: Commitment to Diversity and Talent Development, two nominations for Best AI Innovation, one with Compass Datacenters ; also, two nominations for Young Talent of the Year. For more information on Vertiv's attendance at Datacloud Global Congress, visit -End-
Channel Post MEA
2 days ago
- Business
- Channel Post MEA
Vertiv To Showcase Latest AI Innovations At Datacloud Global Congress 2025
Vertiv is set to take centre stage at the 20th edition of Datacloud Global Congress, on June 3-5 in Cannes, France, a landmark event that marks two decades of driving growth across the ICT ecosystem. Vertiv will join industry leaders and customers to explore the infrastructure demands of AI and HPC (high-performance computing), the growth of emerging markets, and the evolving talent landscape. At stand #94, Vertiv will unveil its latest innovations and provide access to next-gen digital critical infrastructure, with key experts on hand to share insights on AI-ready solutions and services. Vertiv CEO Giordano (Gio) Albertazzi will provide his perspective into the impact of AI on data centre business models, scalability challenges and flexible deployment models during the keynote panel and will discuss the impact of AI and HPC demands on the future of data centers. Karsten Winther, president of Vertiv EMEA says, 'It's essential for the data center industry to innovate and adapt with the fast-paced advancements in AI. By adopting modular designs, cutting-edge cooling solutions, and flexible power management, data centers can meet AI's computational needs and promote reliable growth in the digital era.' At the Vertiv stand, attendees can immerse themselves in the Vertiv™ XR app, explore the Virtual Showroom, and participate in exclusive VR Guided Tours. These experiences offer virtual interaction with the latest power and thermal management solutions designed for AI applications, showcasing their capabilities through virtual and augmented reality, giving attendees the unique opportunity to preview Vertiv's advanced products and solutions designed to power and cool the most demanding AI workloads. Vertiv will contribute to these key sessions: Talent in Tech: The Incredible Journey of Innovation and Talent 3rd June, 17:40 – 17:50 pm CET, Salon Croisette Join Stefano Mozzato, Vertiv's EMEA marketing vice president, as he shares practical insights on talent development in the digital infrastructure sector, drawing from his own career journey. As one of the sponsors of the Talent in Tech initiative, Vertiv will also take part in dedicated workshops on June 4 and 5, offering perspectives on workforce development in the fast-evolving data center industry. Keynote Panel: The Future of Data Centres: How are we keeping up with AI and HPC demands? 4th June, 10:55 –11:40 am CET, Keynote Theatre, Palais des Festivals, Join Vertiv CEO Gio Albertazzi and other industry experts from CBRE, NTT Global, VIRTUS Data Centers, Digital Realty and Oracle for this must-attend session focusing on the impact of AI on data centre business models. Panel: Data centre design: Flexibility, scalability, and reliability 4th June, 16:15 – 16:55 pm CET, Keynote Theatre, Palais des Festivals Join Vedran Brzić, VP infrastructure solutions, Vertiv EMEA, and other industry experts for this key session focusing on how technological advancements are impacting data center design, increasing the need for flexible and scalable solutions. Polar DC accelerates AI infrastructure with modular prefabricated solution from Vertiv 5th June, 11:25 – 11:40 pm CET, Innovation Stage, Palais des Festivals Join Andy Hayes, CEO at Polar DC, Andrew Mitchell, senior director sales strategic accounts EMEA at Vertiv, and Kresimir Krpan, senior director of solution architecture and business development at Vertiv, to learn how Polar DC is deploying 12 MW of AI-ready capacity, easily scalable to 50MW. Powered entirely by hydro energy, the facility leverages Vertiv's integrated solutions and latest power and cooling technologies to support AI and HPC workloads with maximum efficiency. For additional insights into the Polar DC project, read the press release or explore the case study at this link. Vertiv is also shortlisted in 5 categories for the 2025 Datacloud Global Awards: Commitment to Diversity and Talent Development, two nominations for Best AI Innovation, one with Compass Datacenters; also, two nominations for Young Talent of the Year. 0 0
