Attached files
Exhibit
99.1
Track Group
Board Names Derek Cassell As Next CEO – Guy Dubois To Remain
Chairman, Effective January 1, 2018
NAPERVILLE, IL — January 4,
2018 — Track Group
today announced that its Board of Directors has appointed Derek
Cassell as Chief Executive Officer effective January 1, 2018. Guy
Dubois will remain Track Group’s
Chairman.
“This is the perfect time for Derek Cassell to become Track
Group’s next Chief Executive Officer. We've selected a
very strong leader at a time when Track Group is in a very strong
position,” said Track Group’s Chairman and CEO Guy
Dubois. “Derek is unique in his ability to translate vision
and strategy into world-class execution, bringing together teams
and ecosystems to drive results. He is a champion of the Track
Group culture and has an incredible ability to inspire, energize,
and connect with employees, partners, and customers. Derek’s
vision, strategy and execution track record is exactly what Track
Group needs as we enter our next chapter, which I am confident will
be even more impactful and exciting than our
last.”
Cassell joined Track Group in 2014 through the acquisition of
Emerge Monitoring and has moved quickly through the company’s
ranks. He most recently served as Track Group’s President,
leading the company to consistent revenue and margin growth. Prior
to Track Group, he was Executive Vice President of Emerge
Monitoring, which was part of the Bankers Surety Team. Cassell has
over 20 years experience providing correctional solutions to the
criminal justice industry including ADT Correctional Services, G4S
Justice Services and ElmoTech Inc.
“I joined Track Group 3 years ago because I wanted to be a
part of a company where I believed the possibilities were
limitless. Today, I am even more convinced that Track Group is that
company,” said Derek Cassell. “Guy Dubois’ vision
and leadership have built Track Group into one of the most
important companies in the industry; a company fiercely committed
to delivering for its customers, shareholders, partners, and
employees. The opportunity that lies ahead for Track Group is
enormous, and the ability to lead this next chapter is deeply
humbling and incredibly exhilarating. I am focused on
accelerating the innovation and execution that our customers need
from us. Their success will continue to drive us. At a time
when our industry is on the cusp of more disruption than
we’ve ever encountered, I couldn’t be more confident in
our ability to win, or more honored to lead this great
company.”
Track Group also announced that Guy Dubois, currently CEO and
Chairman of Track Group’s Board of Directors, would remain
Chairman. He will devote his time to supporting Cassell and Track
Group’s senior leadership team and continue to drive the
Company’s strategic vision.
About Track Group (trackgrp.com)
Track Group, Inc. (OTCQX: TRCK), designs, manufactures, and markets
location tracking devices and develops and sells a variety of
related software, services, accessories, networking solutions, and
monitoring applications for the criminal justice market. The
Company’s products and services are designed to empower
professionals in security, law enforcement, corrections and
rehabilitation organizations worldwide with single-sourced offender
management solutions that integrate reliable intervention
technologies to support re-socialization and monitoring
initiatives.