Vertiv Holdings LLC /zigman2/quotes/210475189/composite VRT +3.94% on Monday Vnamed Giordano Albertazzi, currently president, Americas, to the position of chief executive officer starting on Jan. 1. The data center infrastructure company said CEO Rob Johnson will retire for health reasons on Dec. 31. Albertazzi has also been appointed chief operating offer, effective immediately. Vertiv also said it expects 2022 adjusted operating profit of $730 million to $750 million. Wall Street analysts are currently forecasting 2022 operating income of $478 million, according to FactSet data. Vertiv executive chairman Dave Cote said the company remains on track to deliver a strong second half of the year including an expected all-time record high sales and adjusted operating profit in the fourth quarter, despite foreign exchange losses. Vertiv shares are down 61% in 2022 compared to a 32.4% loss by the Nasdaq /zigman2/quotes/210598365/realtime COMP -0.18% .