UL Solutions CEO Jennifer Scanlon shares her thoughts on why the company decided to go public at this particular time. With a 130-year history, UL Solutions had meticulously prepared its IPO, choosing a time when, despite an atypical period for the market, the company felt ready to take the plunge.
Innovation is at the heart of UL Solutions, which works with 80,000 customers in 35 different sectors, all looking for ways to launch their innovations safely, securely and sustainably. Scanlon emphasizes the importance of electrification and how it meets the needs of the company's customers, both industrial and consumer.
Technical talent is a cornerstone of UL Solutions, which employs 15,000 people worldwide, the majority with specialized technical skills. Scanlon sees the IPO as an opportunity to attract and retain this talent, by continuing to invest in key global markets to attract the best technical profiles.
She points to the recent opening of a second downtown office to attract young talent, testifying to UL Solutions' desire to actively contribute to the attractiveness and development of skills within the city, with the prospect of remaining a major player in Chicago for years to come.
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