CEO role ‘great privilege’
Teletrac Navman, a leading global provider of intelligent fleet and asset management solutions, has named current chief financial and operating officer Ricardo Buranello as its next chief executive officer, effective October 1.
Buranello, pictured, succeeds Alain Samaha, who will continue in the role until the end of September “to ensure a seamless transition”.
Samaha will remain as a board member and continue supporting the company’s long-term vision and strategic planning.
Buranello, who previously held leadership roles at Telit Cinterion, Siemens and Totvs, is a seasoned executive with more than two decades of international experience across telematics, internet of things and high-growth technology businesses.
Having served as chief financial and operating officer since joining Teletrac Navman, he has deep financial and operational expertise, a strong strategic orientation and intimate knowledge of the business that make him ideally suited to lead the company.
“This represents an ideal time for Teletrac’s next phase of leadership and we’re confident Ricardo is the right person for the job,” says Jonathan Olefson, chairman of the board at Teletrac Navman. “He is a proven, mission-orientated leader who understands our business from the inside out.
“Alain helped transform Teletrac into a global leader in telematics and fleet management solutions. We are grateful for his vision and many contributions, and look forward to working with him on the board.”
Samaha says: “Leading Teletrac has been one of the great privileges of my professional life. I’m proud of what we’ve done together and I am excited about what’s ahead. Ricardo’s strategic clarity and deep understanding of our business will serve Teletrac, our customers and employees well into the future.”
Buranello adds: “I’m honoured by the trust the board has placed in me and energised by the opportunities ahead. Our customers, employees and partners can count on the same dedication to innovation, excellence and delivering meaningful results that has been at the core of Teletrac since the beginning.”
Under Buranello’s leadership, Teletrac Navman will continue advancing its cloud-based, AI-powered connected mobility platform while building on growth, stability and customer focus.
