Powerfleet's Chief Innovation Officer Mike Powell to Leave by May 29, 2026
Powerfleet chief innovation officer Mike Powell to depart effective May 29
Image: Investing Australia
Mike Powell will leave his position as Chief Innovation Officer at Powerfleet, Inc. effective May 29, 2026. The company, based in Woodcliff Lake, New Jersey, anticipates announcing updates on its technology leadership during its earnings call on June 15, 2026.
- 01Powell's departure was officially communicated to Powerfleet on May 18, 2026.
- 02Powerfleet expressed gratitude for Powell's contributions in a press release.
- 03The company forecasts a turnaround to profitability with an expected earnings per share (EPS) of $0.06 this year.
- 04This EPS forecast marks a significant improvement from a loss of $0.23 per share in the previous twelve months.
- 05Powerfleet is publicly traded on the Nasdaq Global Market under the ticker AIOT.
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Mike Powell, the Chief Innovation Officer of Powerfleet, Inc., will depart from his role effective May 29, 2026. The announcement was made following his notice of departure on May 18, 2026. Powerfleet, headquartered in Woodcliff Lake, New Jersey, acknowledged Powell's contributions and stated it would provide updates regarding its technology leadership team during the upcoming earnings call on June 15, 2026. Analysts are optimistic about the company's financial outlook, predicting a profitable year with an expected earnings per share (EPS) of $0.06, a significant recovery from the previous year's loss of $0.23 per share. Powerfleet is listed on the Nasdaq Global Market under the ticker symbol AIOT.
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