{"success":true,"data":{"pressRelease":{"id":"94428","rtpr_id":"nPnVpNgPa","ticker":"AIOT","exchange":"NASDAQ","all_tickers":["AIOT"],"title":"Powerfleet Announces Board and Audit Committee Transition","author":"PR Newswire","published_at":"2026-07-21T20:05:00.978Z","article_body":"Powerfleet Announces Board and Audit Committee Transition\n\nPR Newswire\n\nWOODCLIFF LAKE, N.J., July 21, 2026\n\nMichael Casey Rejoins Board of Directors and Is Appointed Chair of the Audit\nCommittee\n\nWOODCLIFF LAKE, N.J., July 21, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq:\nAIOT; JSE: PWR) today announced that its Board of Directors has appointed\nMichael Casey to rejoin the Board and serve as Chair of the Audit Committee,\neffective as of July 15, 2026. Mr. Casey previously served as a director of\nPowerfleet from September 2016 until the closing of the Company's combination\nwith MiX Telematics. Michael McConnell has resigned from the Company's Board\nof Directors and as Chair of its Audit Committee, effective July 15, 2026.\n\n\"We are very pleased to welcome Michael Casey back to the Board. Michael's\nextensive public-company financial experience, deep accounting expertise and\nprior service as a Powerfleet director make him exceptionally well qualified\nto serve as Chair of the Audit Committee,\" said Andrew Martin, Chairman of the\nBoard.\n\n\"On behalf of the Board, I would like to thank Michael McConnell for his\ndedicated service and thoughtful leadership over the past two years,\" Mr.\nMartin continued. \"His contributions, particularly as Chair of the Audit\nCommittee, were invaluable during a period of significant transformation,\nincluding substantial merger and acquisition activity, and we wish him\ncontinued success.\"\n\n\"I am pleased to rejoin the Powerfleet Board at an important stage in the\nCompany's development,\" said Mr. Casey. \"I look forward to working with\nAndrew, my fellow directors and reconnecting with Steve Towe and the\nmanagement team as the Company continues to execute its strategy and build on\nthe progress it has made.\"\n\nMr. Casey served on the Board of Directors of Determine, Inc. from 2010 until\nits acquisition in April 2019. During his service on the Determine board, he\nserved as a member of its nominating and corporate governance committee and as\nChair of its audit committee.\n\nSince 2006, Mr. Casey has been a partner at TechCXO, LLC, a professional\nservices firm providing financial, strategic and operational consulting\nservices to businesses in the technology industry.\n\nPreviously, Mr. Casey served as Chief Financial Officer of MAPICS, Inc., a\npublicly traded provider of enterprise resource planning software for discrete\nmanufacturing industries. He also served as Executive Vice President and Chief\nFinancial and Administrative Officer of iXL Enterprises, Inc.; Chief Financial\nOfficer of Manhattan Associates, Inc.; and Chief Financial Officer of IQ\nSoftware Corporation.\n\nMr. Casey began his career as a certified public accountant with Arthur\nAndersen & Co. and holds a Bachelor of Business Administration degree in\naccounting from the University of Georgia.\n\nABOUT POWERFLEET\n\nPowerfleet (Nasdaq: AIOT; JSE: PWR) is a global leader in the artificial\nintelligence of things (AIoT) software-as-a-service (SaaS) mobile asset\nindustry. With more than 30 years of experience, Powerfleet unifies business\noperations through the ingestion, harmonization, and integration of data,\nirrespective of source, and delivers actionable insights to help companies\nsave lives, time, and money. Powerfleet's ethos transcends our data ecosystem\nand commitment to innovation; our people-centric approach empowers our\ncustomers to realize impactful and sustained business improvement. The Company\nis headquartered in New Jersey, United States, with offices around the globe.\nExplore more at www.powerfleet.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4736230-1&h=1405434183&u=https%3A%2F%2Fedge.prnewswire.com%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4723329-1%26h%3D1313244754%26u%3Dhttps%253A%252F%252Fedge.prnewswire.com%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D4710968-1%2526h%253D3505878006%2526u%253Dhttp%25253A%25252F%25252Fwww.powerfleet.com%25252F%2526a%253Dwww.powerfleet.com%26a%3Dwww.powerfleet.com&a=www.powerfleet.com)\n. Powerfleet has a primary listing on The Nasdaq Global Market and a secondary\nlisting on the Main Board of the Johannesburg Stock Exchange (JSE).\n\nPowerfleet Investor Contacts\nCarolyn Capaccio and Jody Burfening\nAlliance Advisors IR\nAIOTIRTeam@allianceadvisors.com (mailto:AIOTIRTeam@allianceadvisors.com)\n\nPowerfleet Media Contact\nJonathan Bates\njonathan.bates@powerfleet.com (mailto:jonathan.bates@powerfleet.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/powerfleet-announces-board-and-audit-committee-transition-302831232.html\n(https://www.prnewswire.com/news-releases/powerfleet-announces-board-and-audit-committee-transition-302831232.html)\n\nSOURCE Powerfleet\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1487118/Powerfleet-Logo.jpg?id=OA2777944\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPnVpNgPa","title":"Powerfleet Announces Board and Audit Committee Transition","author":"PR Newswire","ticker":"AIOT","created":"2026-07-21T20:05:00.978Z","tickers":["AIOT"],"exchange":"NASDAQ","article_body":"Powerfleet Announces Board and Audit Committee Transition\n\nPR Newswire\n\nWOODCLIFF LAKE, N.J., July 21, 2026\n\nMichael Casey Rejoins Board of Directors and Is Appointed Chair of the Audit\nCommittee\n\nWOODCLIFF LAKE, N.J., July 21, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq:\nAIOT; JSE: PWR) today announced that its Board of Directors has appointed\nMichael Casey to rejoin the Board and serve as Chair of the Audit Committee,\neffective as of July 15, 2026. Mr. Casey previously served as a director of\nPowerfleet from September 2016 until the closing of the Company's combination\nwith MiX Telematics. Michael McConnell has resigned from the Company's Board\nof Directors and as Chair of its Audit Committee, effective July 15, 2026.\n\n\"We are very pleased to welcome Michael Casey back to the Board. Michael's\nextensive public-company financial experience, deep accounting expertise and\nprior service as a Powerfleet director make him exceptionally well qualified\nto serve as Chair of the Audit Committee,\" said Andrew Martin, Chairman of the\nBoard.\n\n\"On behalf of the Board, I would like to thank Michael McConnell for his\ndedicated service and thoughtful leadership over the past two years,\" Mr.\nMartin continued. \"His contributions, particularly as Chair of the Audit\nCommittee, were invaluable during a period of significant transformation,\nincluding substantial merger and acquisition activity, and we wish him\ncontinued success.\"\n\n\"I am pleased to rejoin the Powerfleet Board at an important stage in the\nCompany's development,\" said Mr. Casey. \"I look forward to working with\nAndrew, my fellow directors and reconnecting with Steve Towe and the\nmanagement team as the Company continues to execute its strategy and build on\nthe progress it has made.\"\n\nMr. Casey served on the Board of Directors of Determine, Inc. from 2010 until\nits acquisition in April 2019. During his service on the Determine board, he\nserved as a member of its nominating and corporate governance committee and as\nChair of its audit committee.\n\nSince 2006, Mr. Casey has been a partner at TechCXO, LLC, a professional\nservices firm providing financial, strategic and operational consulting\nservices to businesses in the technology industry.\n\nPreviously, Mr. Casey served as Chief Financial Officer of MAPICS, Inc., a\npublicly traded provider of enterprise resource planning software for discrete\nmanufacturing industries. He also served as Executive Vice President and Chief\nFinancial and Administrative Officer of iXL Enterprises, Inc.; Chief Financial\nOfficer of Manhattan Associates, Inc.; and Chief Financial Officer of IQ\nSoftware Corporation.\n\nMr. Casey began his career as a certified public accountant with Arthur\nAndersen & Co. and holds a Bachelor of Business Administration degree in\naccounting from the University of Georgia.\n\nABOUT POWERFLEET\n\nPowerfleet (Nasdaq: AIOT; JSE: PWR) is a global leader in the artificial\nintelligence of things (AIoT) software-as-a-service (SaaS) mobile asset\nindustry. With more than 30 years of experience, Powerfleet unifies business\noperations through the ingestion, harmonization, and integration of data,\nirrespective of source, and delivers actionable insights to help companies\nsave lives, time, and money. Powerfleet's ethos transcends our data ecosystem\nand commitment to innovation; our people-centric approach empowers our\ncustomers to realize impactful and sustained business improvement. The Company\nis headquartered in New Jersey, United States, with offices around the globe.\nExplore more at www.powerfleet.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4736230-1&h=1405434183&u=https%3A%2F%2Fedge.prnewswire.com%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4723329-1%26h%3D1313244754%26u%3Dhttps%253A%252F%252Fedge.prnewswire.com%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D4710968-1%2526h%253D3505878006%2526u%253Dhttp%25253A%25252F%25252Fwww.powerfleet.com%25252F%2526a%253Dwww.powerfleet.com%26a%3Dwww.powerfleet.com&a=www.powerfleet.com)\n. Powerfleet has a primary listing on The Nasdaq Global Market and a secondary\nlisting on the Main Board of the Johannesburg Stock Exchange (JSE).\n\nPowerfleet Investor Contacts\nCarolyn Capaccio and Jody Burfening\nAlliance Advisors IR\nAIOTIRTeam@allianceadvisors.com (mailto:AIOTIRTeam@allianceadvisors.com)\n\nPowerfleet Media Contact\nJonathan Bates\njonathan.bates@powerfleet.com (mailto:jonathan.bates@powerfleet.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/powerfleet-announces-board-and-audit-committee-transition-302831232.html\n(https://www.prnewswire.com/news-releases/powerfleet-announces-board-and-audit-committee-transition-302831232.html)\n\nSOURCE Powerfleet\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1487118/Powerfleet-Logo.jpg?id=OA2777944\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-07-21T20:05:01.145413252Z","server_sent_at_ms":1784664301145},"received_at":"2026-07-21T20:05:01.200Z","source_url":"https://www.prnewswire.com/news-releases/powerfleet-announces-board-and-audit-committee-transition-302831232.html"},"analysis":{"id":"83488","press_release_id":"94428","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"board_change","narrative":"Powerfleet appointed Michael Casey to rejoin its Board of Directors and serve as Chair of the Audit Committee, effective July 15, 2026.\n\nHe succeeds Michael McConnell, who resigned from the Board and as Audit Committee Chair on the same date following two years of service.\n\nMr. Casey is a partner at TechCXO and previously served as a Powerfleet director from 2016 until the company's combination with MiX Telematics.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine board transition; former director returns as Audit Chair."},"keyFigures":null,"quotedText":"We are very pleased to welcome Michael Casey back to the Board. Michael's extensive public-company financial experience, deep accounting expertise and prior service as a Powerfleet director make him exceptionally well qualified to serve as Chair of the Audit Committee","namedEntities":{"people":[{"name":"Michael Casey","role":"Director and Chair of the Audit Committee"},{"name":"Michael McConnell","role":"Former Director and Former Chair of the Audit Committee"},{"name":"Andrew Martin","role":"Chairman of the Board"},{"name":"Steve Towe","role":"Management Team"}],"products":[],"companies":[{"name":"Powerfleet, Inc.","ticker":"AIOT"},{"name":"MiX Telematics","relationship":"prior combination partner"},{"name":"Determine, Inc.","relationship":"prior board service of Michael Casey"},{"name":"TechCXO, LLC","relationship":"employer of Michael Casey"},{"name":"MAPICS, Inc.","relationship":"former employer of Michael Casey"},{"name":"iXL Enterprises, Inc.","relationship":"former employer of Michael Casey"},{"name":"Manhattan Associates, Inc.","relationship":"former employer of Michael Casey"},{"name":"IQ Software Corporation","relationship":"former employer of Michael Casey"},{"name":"Arthur Andersen & Co.","relationship":"former employer of Michael Casey"},{"name":"Alliance Advisors IR","relationship":"Investor Relations"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Routine board governance update regarding the appointment of a former director as Audit Committee Chair and the resignation of the prior chair."},"tickerRelevance":{"others":[{"ticker":"PWR","relevance":"secondary_listing"}],"primary":"AIOT"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-mid-cap","eventGravity":"routine_governance"}},"event_type":"board_change","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Powerfleet appointed Michael Casey to rejoin its Board of Directors and serve as Chair of the Audit Committee, effective July 15, 2026.\n\nHe succeeds Michael McConnell, who resigned from the Board and as Audit Committee Chair on the same date following two years of service.\n\nMr. Casey is a partner at TechCXO and previously served as a Powerfleet director from 2016 until the company's combination with MiX Telematics.","key_figures":null,"named_entities":{"people":[{"name":"Michael Casey","role":"Director and Chair of the Audit Committee"},{"name":"Michael McConnell","role":"Former Director and Former Chair of the Audit Committee"},{"name":"Andrew Martin","role":"Chairman of the Board"},{"name":"Steve Towe","role":"Management Team"}],"products":[],"companies":[{"name":"Powerfleet, Inc.","ticker":"AIOT"},{"name":"MiX Telematics","relationship":"prior combination partner"},{"name":"Determine, Inc.","relationship":"prior board service of Michael Casey"},{"name":"TechCXO, LLC","relationship":"employer of Michael Casey"},{"name":"MAPICS, Inc.","relationship":"former employer of Michael Casey"},{"name":"iXL Enterprises, Inc.","relationship":"former employer of Michael Casey"},{"name":"Manhattan Associates, Inc.","relationship":"former employer of Michael Casey"},{"name":"IQ Software Corporation","relationship":"former employer of Michael Casey"},{"name":"Arthur Andersen & Co.","relationship":"former employer of Michael Casey"},{"name":"Alliance Advisors IR","relationship":"Investor Relations"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-21T21:13:10.170Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-mid-cap","eventGravity":"routine_governance"}},"durationMs":489920,"modelName":"glm-4.7"}}