Executive Chairman, Vertiv Holdings, Co.

Thursday, July 30, 2020

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Moderator:
Julia La Roche
Correspondent, Yahoo!

David Cote is Executive Chairman of Vertiv Holdings Co, a global data center products and services provider. Previously, as Chairman and/or CEO of the industrial giant Honeywell over 16 years, he grew the company's market capitalization from around $20 billion to nearly $120 billion, delivering returns of 800 percent and beating the S&P by nearly two and a half times. Before Honeywell, Cote also worked for General Electric and TRW. Cote was a Class B director to the Federal Reserve Bank of New York to represent the interests of the public from 2014 to 2018. In 2010, Cote was appointed by President Barack Obama to serve on the bipartisan National Commission on Fiscal Responsibility and Reform. Now as an author, his new book WINNING NOW, WINNING LATER: How Companies Can Win in the Short Term While Investing in the Long Term (HarperCollins Leadership, June 2020), Cote rails against today's trend of "short-termism" and debunks the notion that pursuing long term business growth must come at the expense of short term gains.