Globe Tracker appoints CEO
Globe Tracker has named Joel undir Leitinum CEO, while Rich Meyers will resume his former position as chief operating and strategy officer (COSO). The board and shareholders thanked Meyers for his contributions as CEO for the past 18 months during the company’s rapid growth in the reefer telematics market.
Undir Leitinum’s appointment is coincident with a capital round and debt restructure totalling USD 15 million to support continued growth and expansion into new markets.
Undir Leitinum has a deep knowledge of the company and the market and has been a member of Globe Tracker’s board of directors for four years. He has also served as chairman of the board for the last two years. For the last twelve years, Undir Leitinum has also been director and postmaster general of Posta, the Faroese Postal service. (cj)