Emerson Network Power Becomes ‘Vertiv,’ Gets New CEO
Jane Alexander | December 2, 2016
The business formerly known as Emerson Network Power has officially launched a campaign to rebrand the standalone company as Vertiv and announced the appointment of industry veteran Rob Johnson as CEO. Platinum Equity recently acquired the business from Emerson in a transaction valued in excess of $4 billion. (Emerson is also retaining a minority interest in the rebranded company.)
About Vertiv (vertivco.com)
Vertiv is a global provider of mission-critical infrastructure technologies for vital applications in data centers, communication networks, and commercial and industrial environments. Headquartered in Columbus, OH, the company has more than 20,000 employees and more than 25 manufacturing and assembly facilities worldwide.
Under the Vertiv banner, the business will build on the broad portfolio of product and service offerings for power, thermal, and IT management capabilities it previously offered as Emerson Network Power, including its flagship brands ASCO, Chloride, Liebert, NetSure, and Trellis
Rob Johnson, Vertiv’s newly announced CEO, comes to the position from that of an operating partner at Kleiner Perkins Caufield & Byers, a venture-capital firm based in Menlo Park, CA. Johnson previously spent 10 years at American Power Conversion (APC), a leader in data-center infrastructure, where, in 2007, he was serving as president and CEO when the company was sold to Schneider Electric. While at APC, he also served as general manager of the company’s Availability Enhancement Group.
Prior to his time at APC, Johnson worked in executive positions at Consolidated Container Corp. In 1989, he founded Systems Enhancement Corp. (SEC), a company that created innovative software and hardware solutions for the Uninterruptible Power Supply (UPS) industry. He sold SEC to APC in 1997.
For more information about Vertiv, CLICK HERE.