Orbcomm, a provider of refrigerated monitoring and telematics solutions, recently named Sameer Agrawal its new chief executive officer. Agrawal succeeds Eisenberg, who is transitioning to executive chairman of Orbcomm’s board of directors.
“It has been my privilege to lead Orbcomm and be part of its transformation from a satellite network operator to a global IoT solutions provider to some of the largest enterprises in the world,” Eisenberg said in a news release. “I look forward to collaborating with Sameer to ensure a smooth transition for our customers, partners, and employees, and continuing to contribute to Orbcomm’s success as executive chairman of the board.”
Agrawal boasts nearly 30 years of experience driving growth and innovations in industrial IoT, SaaS, and big-data solutions across multiple verticals and geographies. He comes from Honeywell, where he spent 12 years in various leadership roles, most recently serving as vice president and general manager of an over $1 billion multi-brand, multi-channel, multi-site IoT business within Honeywell’s building automation vertical.
“As CEO, I look forward to building upon the outstanding foundation Marc and his team have established at Orbcomm,” Agrawal said. “I believe Orbcomm’s potential is extraordinary, driven by its industry-leading technology, culture of innovation, unique market position, unprecedented customer demand, and most importantly, our talented employees.
“I am honored to join the Orbcomm team and lead the company to accelerate long-term growth and operational excellence, while creating value for our global customers through data-driven IoT solutions.”
Agrawal held various management positions at GE and SAP prior to joining Honeywell.
“We are thrilled to welcome Sameer as Orbcomm’s new CEO,” said Mark Prybutok, managing director of parent company GI Partners. “Sameer’s demonstrated track record in driving growth, profitability, and shareholder value is well suited for Orbcomm’s continued growth as a leader in the global industrial IoT market.
“We thank Marc for his leadership and vision in building the business to what it is today, and look forward to continued collaboration with him in his capacity as executive chairman.”