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Telit Communications shakes up boardroom

Wed, 22nd May 2019 09:43

(Sharecast News) - Internet-of-Things enabler Telit Communications executive chairman Paolo Dal Pino switched to the role of chief executive on Wednesday.Paolo joined Telit as non-executive chairman in September 2018, he then became executive chairman later that same month and led the group's transformation and repositioning "with a real focus on profitability and cash generation".In order to fill the void left by Dal Pino's switch, Telit appointed senior non-executive director Simon Duffy to the now vacant role of chairman.Telit's new chairman said: "Paolo's appointment provides the group and all our stakeholders with continuity."He has been driving the business over the last nine months, including the rationalisation of our operational structure and the better integration of our products and services."As of 0945 BST, Telit shares had crawled forward 0.85% to 165.60p.
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15 Jul 2016 07:48

REPEAT: Telit Communications Gets Module Certification From Verizon

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31 May 2016 11:59

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Telit talks up deal with enterprise software group

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20 May 2016 10:20

Telit Communications Enters Agreement For Internet-of-Things Platform

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Telit Communications Buys IP And Cellular Products From US's Novatel

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Telit Communications To Pay Maiden Dividend For 2015

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