Attached files
| file | filename |
|---|---|
| EX-10.1 - EMPLOYMENT AGREEMENT - Track Group, Inc. | ex10-1.htm |
| 8-K - FORM 8-K - Track Group, Inc. | trck8k_dec122016.htm |
Exhibit
99.1
Track Group
Appoints New Chief Financial Officer
Seasoned Financial Executive Peter Poli Joins
Track Group
SALT LAKE CITY, December 16, 2016 – Track Group, Inc. (OTCQX:
TRCK) today announced Peter Poli is joining the Company as
its new Chief Financial Officer (CFO), effective January 6, 2017.
Mr. Poli joins Track Group after serving as the CFO for over 11
years with Grand Banks Yachts Limited, a global manufacturer of
luxury yachts with offices in Singapore, Malaysia, Australia &
the U.S. Mr. Poli brings with him an extensive background in
corporate finance, financial planning and analysis, investor
relations, strategic planning and risk management along with an
appreciation for Track Group and its unique position driving the
global transformation of offender monitoring and
management.
“I
am thrilled to welcome Peter to Track Group where he will
undoubtedly make an immediate impact as we begin operating under a
more streamlined business structure,” said Guy Dubois,
Chairman and CEO of Track Group. “I am particularly impressed
with Peter’s ability to lead a financial function in a
complex, industry-leading business, while maintaining an
unrelenting focus on serving and advocating for his company’s
customers.”
"I
can’t imagine a more exciting time to join Track
Group,” Poli said. “Track Group is creating
life-changing opportunities for tens of thousands of people
worldwide. Guy and his executive team recognize and appreciate the
impact they are making, and I’m delighted to be a part of
it.”
Mr.
Poli will lead Track Group’s financial operations, finance
team, sourcing and investor relations. He will report directly to
the CEO, Guy Dubois and commence work on January 6,
2017.
Mr.
Poli has more than 20 years of financial management experience. At
Grand Banks Yachts Limited, Mr. Poli was responsible for the
company’s overall financial strategy including cost
management, capital allocation and funding as well as its M&A
activity. As CFO, he oversaw corporate finance, financial planning
and analysis, accounting, investor relations, human resources, IT
and was responsible for the company’s corporate strategy
function. Prior to Grand Banks Yachts Limited, Mr. Poli held
various positions of increasing responsibility in finance at Dean
Witter Reynolds, Inc. and Morgan Stanley Online, FTD.com, and
I-Works, Inc. Mr. Poli received a Bachelor of Arts degree in
Economics and Industrial Engineering from Brown University and his
Master’s degree in Business Administration from Harvard
Business School.
About Track Group
Track
Group designs, manufactures, and markets location tracking devices
and develops and sells a variety of related software, services,
accessories, networking solutions, and monitoring applications. The
Company’s products and services include a portfolio of
hardware and software applications including predictive analytics,
a device-agnostic operating systems, and a variety of accessory,
service and support offerings.
The
Company currently trades under the ticker symbol “TRCK”
on the OTCQX exchange. For more information,
visit www.trackgrp.com.
Contacts:
Steve
Hamilton
Chief
Marketing Officer
steve.hamilton@trackgrp.com
(877)
260-2010 x4004
Tirth
Patel
Edison
Advisors (investors)
tpatel@edisongroup.com
(646)
653-7035