Dossier
David Cote
Coverage of David Cote in the Nexus archive.
- The veteran Fortune 500 CEO who turned an 80-year-old AC company into an AI darling
Vertiv, an 80-year-old AC maker, saw its market cap explode almost 10x from under $11 billion to $109 billion after going public in early 2021. Its annualized return of 50.5% ranks third in the S&P 500. David Cote helped orchestrate this success by positioning Vertiv as a provider of liquid cooling systems critical for accelerating the rise of AI data centers.