TESSCO Approves Succession Plan & Search for New CEO

Source: www.gulfoilandgas.com 3/31/2016, Location: North America

Tessco Technologies Incorporated, a leading supplier of end-to-end solutions that enable organizations to build, use, maintain and resell wireless connectivity systems, today announced that its Board of Directors has approved a succession plan, and has retained Spencer Stuart to launch a search for a new CEO. Robert Barnhill, 71, Founder, Chairman, President and Chief Executive Officer’s Employment Agreement has been extended; Mr. Barnhill will become Executive Chairman when the new CEO joins TESSCO.

“This is the right time for CEO succession. TESSCO is positioned to regain and achieve growth and shareowner value, by making a difference in our customers’ wireless deployment success,” said Robert Barnhill. “The new CEO will accelerate the transformations already underway, responding to the exponential pace of change in wireless and customer behaviors and expectations. I look forward to working with the new CEO, who will bring passion, experience and leadership to take TESSCO to a new level of success in the exploding world of wireless connectivity.”


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Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

Related Articles: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 


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