Summary
Vertiv Holdings Co (VRT) announced a significant leadership change in its finance department, appointing Craig Chamberlin as its new Chief Financial Officer (CFO), effective November 10, 2025. This transition coincides with the retirement of the current CFO, David Fallon, who will remain with the company in a consulting capacity through December 2026 to ensure a smooth handover. Mr. Chamberlin brings extensive financial and leadership experience, most recently serving as Group Vice President and CFO of Wabtec Corporation's transit business, with prior roles at Wabtec and General Electric. Investors will note Mr. Chamberlin's compensation package, which includes a base salary of $750,000, an annual target bonus of 100% of base salary, and significant equity awards. This includes a one-time sign-on award of $300,000 in cash and $1,050,700 in restricted stock units, along with an annual equity grant target of $2,000,000 starting March 2026. The company has also outlined severance and change-of-control benefits for Mr. Chamberlin, underscoring its commitment to attracting and retaining key executive talent.
Key Highlights
- 1Craig Chamberlin appointed new Chief Financial Officer (CFO), effective November 10, 2025.
- 2Current CFO David Fallon to retire from CFO role on November 9, 2025, and will serve as a consultant until December 31, 2026.
- 3Mr. Chamberlin has over 20 years of finance and leadership experience, including significant roles at Wabtec Corporation and General Electric.
- 4Mr. Chamberlin's compensation includes a base salary of $750,000, a 100% target annual bonus, and substantial equity awards.
- 5A one-time sign-on package for Mr. Chamberlin includes $300,000 cash and $1,050,700 in restricted stock units.
- 6Annual equity grants for Mr. Chamberlin are targeted at $2,000,000 starting in March 2026.
- 7Mr. Chamberlin has entered into confidentiality, non-competition, and non-solicitation agreements.