Steve Towe
Chief Executive Officer and Director at Powerfleet
Board
Since January 2022
Age
52 years
Tenure
Joined AIOT in January 2022 as Chief Executive Officer and Director, a role in which significant leadership in the global technology and IoT sectors is demonstrated.
Also at Powerfleet
DW
David Wilson
Chief Financial Officer and Corporate Secretary
FF
Frank Friesacher
Leads the execution of Powerfleet's technology roadmap
MP
Mike Powell
Chief Innovation Officer (CINO)
About
Steve Towe is 52 years old and brings over 20 years of experience in senior leadership roles within global software and technology companies.
Throughout his career, he has held pivotal roles including President and Chief Operating Officer at Aptos, Inc., Chief Commercial Officer at Masternaut, and various executive positions at Cybit Ltd and Fleetstar Information Systems, showcasing broad expertise in driving technological innovation.
At AIOT, he joined in January 2022 as Chief Executive Officer and Director, a position from which he provides strategic leadership and guides multiple wholly-owned subsidiaries, reflecting his proven track record in the industry.
$AIOT Performance Under Steve Towe
Fixed Compensation
Data from FY 2023
Performance Compensation
Data from FY 2023
Stock Awards
- $10.50: 875,000 options
- $14.00: 1,250,000 options
- $21.00: 2,000,000 options | | Grant Details | Aggregate Grant Date Fair Value: $2,178,000 ; Grant Date Stock Price: $3.42 | | Restricted Stock Awards | 900 shares vesting in four equal installments over four years, contingent on continued employment |