MESA, Ariz., Dec. 28, 2021 /PRNewswire/ -- Verra Mobility
(NASDAQ: VRRM), a leading provider of smart mobility technology
solutions, announced today that Patrick
Byrne has been appointed to serve as Chairman of the Board
of Directors succeeding Jacob
Kotzubei.
Mr. Byrne joined the Board in November
2020 and has served as a member of the Company's Audit
Committee and chaired the Company's Compensation Committee.
Mr. Kotzubei resigned from the Board in December following the
sale by PE Greenlight Holdings, LLC of all of its remaining
outstanding shares of Verra Mobility on December 10, 2021.
"Verra Mobility is well-positioned to capitalize on growing
urban mobility trends and to help customers solve emerging
transportation complexities," said Patrick
Byrne, Chairman, Verra
Mobility. "I am honored to chair this Board of talented
professionals who embody the Company's core values and share its
vision of making transportation safer and easier globally."
"I am excited to welcome Patrick
Byrne as Chairman. His breadth and depth of experience will
be instrumented in helping us continue our journey of becoming a
global leader in intelligent transportation and road safety
solutions," said David Roberts,
President and CEO, Verra Mobility.
"We also extend our sincerest thanks to Jacob Kotzubei for his leadership during our
period of tremendous growth."
Mr. Byrne is also the Chief Executive Officer of GE Digital, the
software division of General Electric. He previously served as the
Senior Vice President of Fortive where he led the company's Product
Realization business. He has also held senior leadership roles at
Danaher, Tektronix, Intermec, Agilent Technologies, and
Hewlett-Packard.
About Verra Mobility
Verra Mobility (NASDAQ: VRRM) is committed to developing and
using the latest in technology and data intelligence to help make
transportation safer and easier. As a global company operating in
more than 15 countries, Verra Mobility sits at the center of the
mobility ecosystem – one that brings together vehicles, devices,
information, and people to solve the most complex challenges faced
by our customers and the constituencies they serve.
Verra Mobility serves the world's largest commercial fleets and
rental car companies to manage tolling transactions and violations
for millions of vehicles. As a leading provider of connected
systems, Verra Mobility processes millions of transactions each
year through integration and connectivity with hundreds of tolling
and issuing authorities. Verra Mobility fosters the development of
safe cities, partnering with law enforcement agencies,
transportation departments and school districts across North America, operating thousands of
red-light, speed, bus lane and school bus stop arm safety cameras.
Arizona-based Verra Mobility
operates in North America,
Europe, Asia, and Australia. For more information, please visit
www.verramobility.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements include, but are not limited to, statements
about Verra Mobility's plans, objectives, expectations, beliefs and
intentions and other statements including words such as "hope,"
"anticipate," "may," "believe," "expect," "intend," "will,"
"should," "plan," "estimate," "predict," "continue" and "potential"
or the negative of these terms or other comparable terminology. The
forward-looking statements herein represent the judgment of the
Verra Mobility, as of the date of this release, and Verra Mobility
disclaims any intent or obligation to update forward-looking
statements. This press release should be read in conjunction with
the information included in Verra Mobility's other press releases,
reports and other filings with the SEC and on the SEC website,
www.sec.gov. Understanding the information contained in these
filings is important in order to fully understand Verra Mobility's
reported financial results and our business outlook for future
periods. Actual results may differ materially from the results
anticipated in the forward-looking statements and the assumptions
and estimates used as a basis for the forward-looking
statements.
Media
Relations:
|
Investor
Relations:
|
Eric
Krantz
|
IR@verramobility.com
|
eric.krantz@verramobility.com
|
|
Phone: (480)
596-4862
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SOURCE Verra Mobility