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Ubisense appoints Richard Petti as CEO

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12/22/16

Ubisense Group plc (AIM:UBI), a global leader in enterprise location intelligence solutions, has announced the appointment of Richard Petti as Chief Executive Officer.

Richard has first-hand experience of growing revenues and developing profitable businesses serving automotive, financial and industrial customers. He joins Ubisense from his role as 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.

Peter Harverson will remain Executive Chairman during a transition period and will revert to non-Executive Chairman during the first half of 2017.