PCTEL, Inc. (NASDAQ:PCTI), a leader in Performance Critical Telecom solutions, confirmed that, as previously announced, the PCTEL Board of Directors has appointed David Neumann as CEO effective today. Neumann had been serving as the Senior Vice President and General Manager of the company's RF Solutions group. The Board also appointed Steve Levy, who currently serves on the PCTEL Board, as Chairman. Levy currently chairs the Nominating and Governance Committee. Marty Singer, who has been Chairman and CEO for over 15 years, will serve as the company's Vice Chair but will no longer serve as a director on the company's board.
Jeff Miller, who has been with the company for over 15 years and has held several executive positions, will take over as Senior Vice President and General Manager of RF Solutions, succeeding David Neumann. Arnt Arvik, who recently joined PCTEL from Ascom, has been promoted to Vice President, RF Solutions Global Sales and Services. Rishi Bharadwaj, who has led the company's Connected Solutions group, will continue to lead that organization. His promotion to Senior Vice President and General Manager was previously announced.
"PCTEL has developed a strong leadership team and I'm confident that David, supported by experienced and exceptional executives, will build upon PCTEL's momentum and achieve global leadership in our key product and technology areas," said Marty Singer, PCTEL's Vice Chair. "PCTEL has a great future," Singer added.
"I look forward to the new year and the opportunities for growth in both of our core business areas," said David Neumann, PCTEL's CEO. "I also want to thank Brian Jackman for his years of leadership as Lead Director and thank Steve Levy, our new Chairman, and the board for the opportunity to lead PCTEL. Finally, with the promotion of Jeff Miller to Senior Vice President and General Manager of our RF Solutions group and Rishi Bharadwaj's continued leadership of Connected Solutions, the future of the company is in good hands," added Neumann.