Vertiv to Relocate U.S. Corporate Headquarters to Westerville, Ohio

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Move facilitates collaboration between Central Ohio locations

Columbus, Ohio [May 19, 2022] – Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced plans to unify its Central Ohio operations by relocating its corporate office and headquarters to a location adjacent to the company’s existing Westerville locations. The move will create a walkable, three-building campus, facilitating collaboration among employees.

“This move will allow us to better align our teams to streamline workflow and improve communication and collaboration across the organization,” said Rob Johnson, Vertiv CEO. “Our company has been proud to call Central Ohio home for more than 70 years, and it’s fitting that Central Ohio has become one of the hottest data center and technology hubs in the country. This is where we want to be, and we are excited to expand our Westerville campus and centralize our corporate operations.”

Vertiv will lease the 72,000+ square-foot building at 505 N. Cleveland Ave., within easy walking distance of the company’s existing locations at 610 Executive Campus Drive and 530 Westar Blvd. Vertiv is planning to renovate the new space over the next few months before welcoming employees there in the fall. The new location will house about 300 Vertiv associates, most of whom are currently based at the company’s existing headquarters, 1050 Dearborn Drive in Columbus.

In addition to office space, the building will feature a customer demonstration area, as well as gathering spaces and social hubs to enable collaboration.

"This is a really special moment for Westerville and Vertiv,” said Westerville Assistant City Manager Jason Bechtold. “We have had a long-standing relationship with the company, working together at key points in their growth strategy and providing affordable power, utility services and partnerships. Having their corporate headquarters join us is a big deal. Most importantly, these jobs remain in Central Ohio and the talent builds from here.”

“Vertiv’s expansion in Westerville capitalizes on Ohio’s global leadership in advanced manufacturing and benefits data center businesses globally through Vertiv’s innovative products and services,” said J.P. Nauseef, JobsOhio president and CEO.

Vertiv will receive $3.6 million in incentives from the state of Ohio and city of Westerville. As part of those agreements, Vertiv is committing to add 100 jobs with $8 million in payroll to its Central Ohio operations by the end of 2025.

For additional information on Vertiv, including its collaboration with the Columbus Crew Major League Soccer team and the IT infrastructure support at the Crew’s Lower.com Field, visit Vertiv.com.

About Vertiv

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Currently headquartered in Columbus, Ohio, USA, Vertiv employs approximately 24,000 people and does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statement set forth herein. Readers are referred to Vertiv’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT

Sara Steindorf
T +314-982-1725
E sara.steindorf@fleishman.com

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