Wireless telecommunications company Orbcomm Inc. on Monday announced that Sameer Agrawal has joined the Rochelle Park-based firm as CEO and a member of the board of directors. Agrawal will succeed Marc Eisenberg, who will take on a new role as executive chairman of the board.
Agrawal has nearly 30 years of experience driving profitable growth and innovations in industrial Internet of Things, Software-as-a-Service and Big Data solutions across multiple verticals and geographies. He joins Orbcomm from Honeywell, where he spent 12 years in various roles of increasing leadership responsibility, and most recently served as vice president and general manager of an over $1 billion multibrand, multichannel, multisite IoT business in the building automation vertical within Honeywell.
Agrawal held various management positions at GE and SAP prior to joining Honeywell.
“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.”
“We are thrilled to welcome Sameer as Orbcomm’s new CEO. 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,” Mark Prybutok, managing director of GI Partners and co-head of GI Data Infrastructure, said. “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.”