IRVINE, Calif., June 2, 2021 /PRNewswire/ -- CalAmp (Nasdaq:
CAMP), a connected intelligence company that helps people and
businesses work smarter, today announced the retirement of two
long-standing directors, A.J. "Bert" Moyer
and Larry Wolfe, both of whom will serve until the new slate
of directors has been ratified at its upcoming Annual Meeting of
Stockholders on July 28, 2021.
Moyer has served on CalAmp's Board for more than 16 years and
also served as chairman from July
2013 to July 2020. Wolfe
served on the Board for more than 12 years and had previously
chaired the Company's Audit Committee.
"Bert and Larry have been integral to the Board's oversight for
many years as strong proponents of our advancements in corporate
governance and sustainability as well as the strategic
transformation of our business," commented Amal Johnson, Chair of CalAmp's Board of
Directors. "I wish to personally thank them both for their many
years of service and the valuable counsel they have contributed to
CalAmp for well over a decade."
In anticipation of these planned retirements, CalAmp recently
appointed two new directors, Kirsten
Wolberg and Henry Maier, who
hold extensive executive experience in the software-as-a service
(SaaS) sector as well as the global freight transportation and
logistics industry. These new directors bring key industry
perspectives and experience essential to the board as CalAmp
continues its transformation to a SaaS telematics leader serving
global markets with award-winning software solutions.
"I had the pleasure of serving on CalAmp's board with Bert and
Larry since 2015 and have tremendous respect for their broad
business acumen that has been invaluable to CalAmp," said CalAmp
President & CEO, Jeff Gardner.
"As part of our succession planning, we have engaged in a focused
effort regarding board diversity and inclusion as reflected in our
appointments of three female and two ethnically diverse directors.
We have also further broadened the depth and experience of our
board with members who have direct operating experience in SaaS and
software businesses that will be pivotal to our continued success
in the years ahead."
About CalAmp
CalAmp (Nasdaq: CAMP) is a connected
intelligence company that helps people and businesses work smarter.
We partner with transportation and logistics, industrial equipment,
government and automotive industries to deliver insights that
enable businesses to make the right decisions. Our applications,
platforms and smart devices allow them to track, monitor and
recover their vital assets with real-time visibility that reduces
costs, maximizes productivity and improves safety. Headquartered in
Irvine, California, CalAmp has
been publicly traded since 1983. We have 22 million products
installed and over 1.3 million software and services subscribers
worldwide. For more information, visit calamp.com, or LinkedIn,
Facebook, Twitter, YouTube or CalAmp Blog.
CalAmp, LoJack, TRACKER, Here Comes The
Bus, Bus Guardian, iOn
Vision, CrashBoxx and associated logos
are among the trademarks of CalAmp and/or its affiliates in
the United States, certain other
countries and/or the EU. Spireon acquired the LoJack® U.S. Stolen
Vehicle Recovery (SVR) business from CalAmp and holds an exclusive
license to the LoJack mark in the United
States and Canada. Any
other trademarks or trade names mentioned are the property of their
respective owners.
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SOURCE CalAmp