Powerfleet appoints seasoned executive as chief financial officer

Woodcliff Lake-based Internet of Things company Powerfleet on Wednesday announced it named David Wilson as the company’s new chief financial officer.

Wilson will lead Powerfleet’s global financial organization in the firm’s global headquarters located in Woodcliff Lake.

He brings more than 20 years of executive leadership and finance experience in both the public and private markets. He has successfully led companies through business transformations, high-multiple merger & acquisition transactions as well as capital raises totaling over $1 billion.

“I am excited to welcome David to our leadership team,” CEO Steve Towe said. “As a seasoned financial executive, David brings a strong background in the business-to-business SaaS arena and significant international experience, along with a superb track record of delivering results.”

Prior to joining Powerfleet, Wilson held CFO roles with a series of B2B Software-as-a-Service businesses, including NSONE Inc., the leading provider of next-generation managed Domain Name System services; Symphony Communications, a more than $1 billion in valuation privately held encrypted communication company; and Ooyala Inc., a leading provider of online video services, where he played a critical role in its sale to Telstra.

Wilson also has extensive CFO experience in the public markets, previously serving in such a role with Alaska Communications Systems, a former Nasdaq-listed, facilities-based telecommunications provider, which outperformed the sector by 14 times during his tenure.