MiX Telematics Appoints Interim Chief Financial Officer
Midrand, South Africa, (February 2, 2017) – MiX Telematics (JSE: MIX, NYSE: MIXT) a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service ("SaaS"), today announced that Paul Dell has been appointed to the board of directors as interim Chief Financial Officer of MiX Telematics, effective February 9, 2017. Paul Mr. Dell is replacing Megan Pydigadu who tendered her resignation as CFO and member of the Board on November 15, 2016 to pursue a new career opportunity in a non-competitive industry.
Mr. Dell is a Chartered Accountant and has worked for MiX Telematics since 2010, where he became a senior member of the finance team in his capacity of Group Financial Manager. In 20122 years later, as Group Financial Controller, he assumed responsibility for managing the company’s finance and accounting activities including financial reporting, corporate tax, financial planning and analysis.
Stefan Joselowitz, Chief Executive Officer at MiX Telematics, said: "I have complete confidence in Paul’s ability, and know he will do a great job for us given his tenure at the company and the value he has added over the years. We thank Megan for the smooth transition and wish her well with her new opportunity.”