Ubisense Announces Appointment of new CEO
Written by 15 December 2016
Ubisense Group plc (AIM: UBI) is pleased to announce the appointment of Richard Petti as Chief Executive Officer with effect from 14 December 2016. Peter Harverson will remain Executive Chairman during a transition period, and will revert to non-Executive Chairman during the first half of 2017.
Richard brings first-hand experience of growing revenues and developing profitable businesses serving automotive, financial and industrial customers.
Richard joins Ubisense having most recently been CEO of Asset Control, a worldwide supplier of financial data management systems serving some of the world’s leading financial organisations.
Prior to Asset Control, Richard was COO at WEMA, a leading provider of diesel and AdBlue sensors within the global commercial vehicle market. During his career, Richard has also held senior management and sales leadership roles at Orange Business Services, QUMAS and SunGard Data Systems.
Richard holds a bachelor’s degree in International Relations and Economics from Bucknell University in Pennsylvania and a Master’s degree in International Economics and Management from Universita’ Luigi Bocconi of Milan.