– USA, NY – Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced the appointment of Chairman Ken Peterman as President and CEO effective immediately, succeeding Michael Porcelain who resigned as CEO and from the Board.
“Based on the Board’s extensive interactions with Ken since the beginning of 2022, we are confident Ken is the right leader to accelerate Comtech’s ongoing transformation. The refreshed Board is excited to support Ken as he executes on his strategic vision for the Company,” said Lead Independent Director, Larry Waldman.
About Ken Peterman
Mr. Peterman joined the Board in May 2022. Mr. Peterman’s career spans over 40 years leading major organizations in the creation of innovative, technology-enabled solutions addressing some of the world’s most challenging customer problems. A recognized thought leader in defense and aerospace, Mr. Peterman earned distinguished credentials across multiple technology sectors in both commercial and government markets at companies including Viasat, ITT/Exelis, Collins Aerospace, Raytheon, and SpyGlass Group. Most recently, Mr. Peterman served as President of the Government Systems Segment of Viasat.
“I am genuinely excited about Comtech’s enormous potential. Thanks to our dedicated employees, our mission-critical technology portfolio, and our customer-centric culture, I believe Comtech is uniquely positioned to capitalize on the significant investment, steepening growth trajectories, and continual renewal cycles taking place in assured communications, space and satellite networks and next-generation 911 failsafe communications infrastructures,” said Chairman and CEO Ken Peterman. “I’d like to thank Mike for his hard work and long-standing dedication to Comtech as well as for the recent groundwork he established to set the stage for the Company’s exciting next chapter. I look forward to engaging more deeply with our employees, customers, partners, and shareholders around the world over the coming weeks.”
About Comtech
Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in Melville, New York and with a passion for customer success, Comtech designs produces and markets advanced and secure wireless solutions.
For more information: https://www.comtechtel.com/
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