IRVINE, Calif., March 25, 2020 /PRNewswire/ -- CalAmp
(Nasdaq: CAMP), a global technology solutions pioneer transforming
the mobile connected economy, today announced the retirement of
Michael Burdiek from his roles as
President, CEO, and a member of the Board of Directors of CalAmp,
effective March 25, 2020.
Current member of the Board, Jeff
Gardner, will become CalAmp's Interim President and CEO
effective immediately. In order to effect a seamless transition,
Mr. Burdiek will remain a Senior Advisor to the CEO through
May 31, 2021.
"Michael has been an important visionary of CalAmp's transition
to a SaaS business model and has strengthened the company's
position and technology offerings, in the midst of evolving market
dynamics," said A.J. Moyer, Chairman of the Board. "As a result of
his leadership, CalAmp has become a global organization with
market-leading solutions and platforms with an expanding list of
world-class customers. On behalf of the Board of Directors and
management team, I would like to thank Michael for his
contributions to CalAmp and wish him the very best in his
retirement."
Mr. Burdiek commented, "After 14 years with CalAmp, it is time
for me to transition into the next phase and retire from these
leadership roles. The company has accomplished much during my
tenure, and I am very proud of our achievements and the exceptional
leadership team we have built. Jeff has extensive experience as a
public company CEO, and I have enjoyed working with him over the
last five years while a member of CalAmp's Board. I look forward to
assisting Jeff in a seamless transition of the CEO responsibilities
and the ongoing transformational journey of the company."
"In my five years on CalAmp's Board, I have been deeply
impressed with the commitment of our entire organization to further
advance our strategic transformation to a global SaaS solutions
provider," said Gardner. "Today, CalAmp is operating from a
position of strength since undergoing this transition, with
increased global scale combined with a strong balance sheet. I
believe the company can emerge from this current environment by
leveraging its competitive strengths to accelerate future growth. I
am fully committed to continuing the important work at hand in
support of our customers and stakeholders, while also ensuring a
smooth and effective transition to a permanent President and
CEO."
Jeff Gardner has served as a
member of CalAmp's Board since 2015. He most recently served as the
President and CEO of Brinks Home Security from 2015 until February
2020. Mr. Gardner also served as President and CEO of
Windstream Corporation, a leading provider of advanced network
communications and technology solutions, including cloud computing
and managed services. Before joining Windstream, Mr. Gardner
served as Executive Vice President and CFO of Alltel Corp. Earlier
in his career, Mr. Gardner held a variety of senior management
positions at 360 Communications, which merged with Alltel in
1998.
Commenting on the CEO transition, Mr. Moyer said, "Jeff brings a
tremendous wealth of leadership experience from highly successful
growth companies that will be instrumental to his role as interim
President and CEO. Jeff has worked in technology his entire
professional career and has led the operations of some of the
world's top brands. He also brings continuity of execution and
innovative vision to CalAmp's ongoing strategic
transformation."
The Board will commence a search process to select Mr. Burdiek's
successor and will consider Mr. Gardner as well as external
candidates for the position.
About CalAmp
CalAmp (Nasdaq: CAMP) is a global
technology solutions pioneer transforming the mobile connected
economy. We help reinvent business and improve lives around the
globe with technology solutions that streamline complex mobile IoT
deployments and bring intelligence to the edge. Our software and
subscription-based services, scalable cloud platform and
intelligent devices collect and assess business-critical data from
mobile assets and their contents. We call this The New How,
facilitating efficient decision making, optimizing mobile asset
utilization and improving road safety. Headquartered in
Irvine, California, CalAmp has
been publicly traded since 1983 and has 20 million products
installed and over 1.3 million software and services subscribers
worldwide. LoJack®, Tracker™ and Here
Comes The Bus® are CalAmp brands. For more
information, visit calamp.com, or LinkedIn, Facebook, Twitter,
YouTube or CalAmp Blog.
CalAmp, CalAmp logo and Here Comes The Bus are among the
trademarks of CalAmp and/or its affiliates in the United States, certain other countries
and/or the EU. Any other trademarks or trade names mentioned are
the property of their respective owners.
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SOURCE CalAmp