Vertiv names Mike Giresi as Global CIO

Giresi to further reinforce Vertiv's digital and AI strategy, in support of executional strength, superior customer experience and operational leverage
Dubai, UAE – Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced that Mike Giresi will join the company on June 30, 2025 as global Chief Information Officer (CIO), leading company initiatives in AI adoption across the business, cybersecurity, product security, and digital enabled productivity and customer experience.
'Strong digital and IT vision and execution are central to our strategy to continue to lead the industry and constantly augment the value we are delivering to our customers,' said Giordano (Gio) Albertazzi, Vertiv CEO. 'Mike deeply understands the opportunities of a rapidly evolving AI, digital and IT space and has the experience, the executional focus and expertise to reinforce our competitive advantages.'
Giresi said, 'I am excited to join Vertiv, helping the global teams to create accretive value through advancement of company digital strategy initiatives. By continuing to evolve and improve Vertiv customer experience, product development and manufacturing capabilities, we will take the next steps towards enabling accelerated adoption of AI and digitization for hyperscale, enterprise and edge customers.'
Most recently chief digital officer with consumer electronics company Molex, Giresi has more than 30 years of IT experience, with more than 20 in chief leadership roles. He has previously served as chief digital & technology officer at Aramark, CIO of Royal Caribbean Cruises, Ltd., CIO of Tory Burch, CIO of Direct Brands (Columbia House & Doubleday), and CIO, SVP IT for Godiva Chocolatier.
Giresi earned an EMBA from Saint Joseph's University – Erivan K. Haub School of Business, and a BA from Seton Hall University in English and Information Systems.
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. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

UAE Moments

an hour ago

• UAE Moments

Telegram's Pavel Durov to Divide Wealth Among His 100+ Kids

In true plot-twist fashion, Pavel Durov—founder of encrypted messaging giant Telegram —is planning to share his multi-billion-dollar fortune with over 100 children across the globe. Yes, 100+, and no, this isn't a sci-fi storyline. Speaking to French magazine Le Point, the 40-year-old tech mogul confirmed he has fathered six official children, along with dozens more through sperm donations in at least 12 countries. "I don't want them to tear each other apart after my death," he told the publication. His goal? Equal rights and zero posthumous drama. But don't expect these heirs to be cashing in anytime soon. Durov revealed that none of the kids—official or donor-conceived—will have access to their inheritance for another 30 years. 'I want them to live like normal people... to build themselves up alone... not to be dependent on a bank account,' he said, explaining that character matters more than cash. Based in Dubai, Durov recently made his will, citing the risks that come with his mission to defend freedom and privacy in an increasingly monitored world. 'Defending freedoms earns you many enemies, including within powerful states,' he noted. Telegram, launched in 2013, has become one of the world's most-used messaging platforms, clocking over a billion users monthly. But its unfiltered nature hasn't gone unnoticed by law enforcement. French authorities arrested Durov last year for allegedly failing to combat criminal activity on Telegram—accusations he firmly rejects. 'Just because criminals use our messaging service among many others doesn't make those who run it criminals,' he said. From creating an app used by millions to now creating… a massive inheritance plan for over 100 kids, Durov is definitely in a league of his own.

Arabian Business

7 hours ago

• Arabian Business

GCC tourism spending projected to hit $223.7 bn by 2034

The Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) has released data showing visitor spending in GCC countries is expected to reach $223.7 billion by 2034. The projections indicate that incoming visitor spending will contribute 13.4 percent to total exports by 2034, according to a statement by the Emirates News Agency (WAM), which cited the Centre's latest analysis. GCC visitor spending jumps 28.9% since 2019 to reach $135.5 billion GCC countries have recorded progress across multiple tourism indicators, with international visitor spending reaching $135.5 billion in 2023. This figure represents a 28.9 percent increase compared to spending recorded in 2019. The region has secured the top position in the Middle East and North Africa's 2024 Safety and Security Index. All GCC member states scored above the regional average of 5.86 points on the index, which operates on a scale from 1 to 7 points. GCC countries have also achieved recognition for passport strength, with all six nations ranking among the top performers in the Arab region for passport power. The Centre's data highlights the tourism sector's growing contribution to the GCC economy, with visitor spending showing recovery and growth following the 2019 baseline period.

Zawya

7 hours ago

• Zawya

Bahrain Marina appoints CBRE Bahrain to manage retail sector and develop leasing strategy

Manama: Bahrain Marina Development Company, the master developer of the prestigious Bahrain Marina project located along the eastern waterfront of the capital, Manama, has announced the appointment of the leading global commercial real estate services and investment firm CBRE Bahrain to manage and operate the project's retail units. CBRE Bahrain will also be responsible for developing a comprehensive leasing strategy, encompassing the determination of the optimal brand mix, commercial area planning, and occupancy strategies. This appointment reflects Bahrain Marina's commitment to attracting leading international partners to deliver a high-end shopping and entertainment experience, further enhancing the project's appeal as an integrated urban destination that draws visitors from Bahrain and across the region. On this occasion, Bahrain Marina Development affirmed in a press statement that the appointment of CBRE Bahrain marks a pivotal step toward enhancing the commercial value of the Bahrain Marina project's components and establishing a strong foundation for an exceptional shopping experience at the national level. The company noted that CBRE's global expertise will contribute to attracting prestigious retail brands and delivering a unique retail environment that meets the aspirations of both visitors and residents alike. This will be achieved through professional operational management and meticulous strategic planning that ensures sustainable operations and a diverse brand mix. For its part, CBRE Bahrain stated that it is delighted to partner with Bahrain Marina on this landmark project, which represents a significant milestone in Bahrain's real estate development landscape. Leveraging global expertise, CBRE Bahrain will deliver an integrated operational experience designed to enhance the development's overall appeal. As the appointed Property Management firm for the retail component, CBRE Bahrain is committed to supporting Bahrain Marina through a strategic and structured approach to managing this key asset. This partnership aims to elevate the destination's profile, attracting leading international and regional brands that will enrich the commercial offering and reflect the project's unique identity. Under the agreement, CBRE Bahrain will oversee the daily operations of the commercial facilities and will develop an innovative leasing plan, identifying tenant profiles and creating a commercial distribution map, ensuring a balanced mix of retail, hospitality, and complementary services. The Bahrain Marina project spans more than 250,000 square meters and features 128 retail units distributed among a collection of upscale shops, international restaurants, and renowned cafés. It also includes luxurious residential facilities, a state-of-the-art marina, a beach club, and a five-star hotel. Bahrain Marina is positioned as one of the most prominent new waterfront destinations, redefining the shopping, tourism, and entertainment scene in the heart of Manama. For more information, please contact: Bahrain Marina Ahmad Fakhro Email: Notes to Editors: About Bahrain Marina Bahrain Marina is an extraordinary waterfront development strategically positioned on the eastern coast of Manama, the capital of Bahrain. With a development budget of BD 200 million, this landmark project features an array of luxury retail outlets, fine dining restaurants, and internationally renowned cafes. The development also includes a shopping mall, a marina with yacht parking, and an expansive 3,200-square-meter marine club offering a wide range of recreational activities and marine programs, contributing significantly to the Kingdom's tourism sector. In addition, Bahrain Marina provides a unique residential experience with luxurious freehold units, premium hotel accommodations, extensive green spaces, and high-end sports facilities. The project is designed to promote a balanced lifestyle that enhances residents' and visitors' quality of life. For more information and to experience the future of luxury living, please visit About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world's largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at