LONDON, March 5, 2018 /PRNewswire/ -- Telit
Communications PLC ("Telit", "the Group", AIM: TCM), a global
enabler of the Internet of Things (IoT), today announced that
Miriam Greenwood OBE DL and Shlomo (Momo)
Liran has been appointed to the company's board of directors
as non-executive directors, effective immediately. It's also
noted that Miriam will Chair the Group's Remuneration
committee.
Miriam brings extensive financial experience as a qualified
Barrister who spent more than 30 years working for a number of
leading banks and financial institutions. With four partners she
established SPARK Advisory Partners six years ago, as an
independent corporate advisory business. She is a non-executive
director of SMS plc, Mithras Investment Trust PLC and Eclipse
Shipping Limited.
Shlomo has been Chief Executive of numerous businesses, most
notably Ericsson Israel and the
Swedish and Danish mobile operator TRE. He is currently an
independent director of NASDAQ-listed microwave-based
telecommunication equipment, Ceragon Networks and an external
(independent) director of Tel
Aviv-listed infrastructure and civil-works business, Minrav
Holdings.
"We are pleased to welcome Miriam and Shlomo to our board," said
Richard Kilsby, Chairman of
Telit. "These appointments complete the Board's
transformation while enhancing its capabilities via Miram's
financial markets experience and Shlomo's telecom expertise."
Kilsby continued, "Adding Miriam and Shlomo to the Board further
validates our commitment to applying the highest standards of
corporate governance and transparency across the Group while
ensuring the reporting and controls are appropriate for this very
complex business."
The Group intends to hold its general meeting in May 2018 and expects that the following directors
will be proposed for re-election, and the Board will be comprised
of five non-executives (one of which is the Chairman) and two
executive directors: Yariv Dafna, Simon
Duffy, Yosi Fait,
Miriam Greenwood, Richard Kilsby, Shlomo
Liran and Lars Reger.
Visit Telit's Investors Relations page:
https://www.telit.com/about/investor-relations/.
About Telit
Telit (AIM: TCM), is a global leader in
Internet of Things (IoT) enablement connecting the world from the
inside out. The company offers the industry's broadest portfolio of
integrated products and services for IoT deployments – including
cellular communication modules in all technologies, GNSS, Wi-Fi,
short-to-long range wireless modules, IoT connectivity plans and
IoT platform services. Through the IoT Portal, Telit
makes IoT onboarding easy, reduces risk, time to market, complexity
and costs for asset tracking, remote monitoring and control,
telematics, industrial automation and others, across many
industries and vertical markets worldwide.
Copyright © 2018 Telit Communications PLC. All rights reserved.
Telit and all associated logos are trademarks of Telit
Communications PLC in the United States and other countries. Other
names used herein may be trademarks of their respective owners.
Media Contacts:
Leslie Hart
919-415-1510
Leslie.Hart@Telit.com
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SOURCE Telit