Shares of Vertiv Holdings Co (NYSE:VRT) climbed 3.1% on Monday after the company announced the appointment of Craig Chamberlin as its new Executive Vice President and Chief Financial Officer, effective November 10, 2025.
Chamberlin joins Vertiv from Wabtec Corporation, where he served as Group Vice President and CFO of the Transit segment. He succeeds David Fallon, who previously announced his plans to retire but will remain with the company as a consultant through December 31, 2026.
The new finance chief brings extensive operational finance experience, with a proven track record of driving margin improvement and strategic capital deployment during his time at Wabtec. Before that, Chamberlin spent 14 years at General Electric in senior financial leadership positions.
Vertiv CEO Giordano Albertazzi praised Chamberlin’s operational and strategic expertise, emphasizing that his background aligns closely with the company’s priorities to expand margins and seize opportunities in the fast-growing data center infrastructure market.
The leadership transition reflects Vertiv’s broader push to strengthen its financial strategy and execution capabilities as demand for critical digital infrastructure accelerates. Investors reacted positively to the news, boosting the stock in early trading.
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