Rick Gold Appointed CalAmp's Vice Chairman
OXNARD, CA, Jun 01, 2011 (MARKETWIRE via COMTEX) --
CalAmp Corp. (NASDAQ: CAMP), a leading provider of wireless
products, services and solutions, announced that its Board of
Directors has appointed Michael Burdiek to serve as President, Chief
Executive Officer and Director of CalAmp, effective today. Most
recently, Mr. Burdiek held the position of President and Chief
Operating Officer, and he succeeds Rick Gold as the Company's Chief
Executive Officer. Mr. Gold will continue serving CalAmp in a new
role as Vice Chairman of the Board of Directors and will focus on
supporting the Company's strategic initiatives.
With more than 25 years of experience in the wireless communications
industry, Mr. Burdiek, age 52, joined CalAmp as Executive Vice
President in June 2006. He was appointed President of CalAmp's
Wireless Datacom segment in March 2007 and named CalAmp's Chief
Operating Officer in June 2008. In April 2010 his responsibilities
were expanded further and he was given the additional title of
President.
Mr. Gold said, "I congratulate Michael on his appointment as CalAmp's
CEO. Since joining the Company in 2006, he has been a primary driver
in shaping and executing CalAmp's wireless datacom strategy, and
today's announcement is the culmination of a careful succession
planning process. I am pleased to pass the leadership baton to him
and look forward to contributing in my new role as Vice Chairman."
Frank Perna, CalAmp's Chairman, said, "Michael's track record of
success in each of the positions he has held at CalAmp gives me great
confidence that he is ideally suited to lead the Company. I would
like to thank Rick Gold for stepping into the CEO role in March 2008
during a critical time in the Company's history. In accepting that
appointment, Rick's overarching goals were twofold -- return CalAmp
to profitability and develop talent within the organization to lead
the Company longer-term. Although Rick's service as CEO is now
concluded, I am pleased that he will continue to play a key role with
the Company."
Mr. Burdiek commented, "I look forward to serving as CalAmp's CEO
during one of the most exciting times in the Company's history.
CalAmp is a fabulous enterprise, with great people and great
technology serving attractive markets. Our future has never been
brighter."
Prior to his tenure with CalAmp, from 2005 to 2006, Mr. Burdiek was
the President and CEO of Telenetics Corporation, a manufacturer of
data communications products. From 2004 to 2005, Mr. Burdiek worked
as an investment partner and advisor in the private equity sector.
From 1986 to 2003, Mr. Burdiek was with Comarco, Inc., a provider of
test solutions to the wireless industry, where he held a variety of
technical and general management positions of increasing
responsibility, most recently as Senior Vice President and General
Manager of Comarco's Wireless Test Systems unit. Mr. Burdiek began
his career as a design engineer with Hughes Aircraft Company. He
holds MBA and MSEE degrees from California State
University-Fullerton, and a BS degree in Electrical Engineering from
Kansas State University.
About CalAmp
CalAmp develops and markets wireless communications
solutions that deliver data, voice and video for critical networked
applications. The Company's two business segments are Wireless
DataCom, which serves utility, government and enterprise customers,
and Satellite, which focuses on the North American Direct Broadcast
Satellite market. For more information, please visit www.calamp.com.
AT THE COMPANY:
Rick Vitelle
Chief Financial Officer
(805) 987-9000
AT FINANCIAL RELATIONS BOARD:
Lasse Glassen
General Information
(213) 486-6546
lglassen@mww.com
SOURCE: CalAmp Corp.
mailto:lglassen@mww.com