Global, End-to-End IoT Provider Poised for Rapid Market Growth
ALPHARETTA, GA – October 12, 2017 – Today, the Board of Directors announced the appointment of Romil Bahl as Chief Executive Officer of KORE. A veteran technology executive, he will lead KORE’s next chapter of growth, build on past success, and drive KORE forward with an emphasis on dynamic innovation and competitive differentiation.
Romil most recently served as President and CEO of Lochbridge, a leading provider of enterprise IoT, digital and big data analytics strategies and solutions. Prior to joining Lochbridge, he held roles as the General Manager and Executive Vice President of Global Industries at CSC, and the President and CEO of PRGX Global. Romil replaces retiring CEO Alex Brisbourne, who led KORE’s growth, market impact and innovation for nearly 15 years. Alex will remain on the Board of Directors.
“Romil’s proven ability to drive and grow businesses, coupled with his significant experience in IoT, enterprise technology and professional services, make him the ideal executive to lead KORE’s next growth chapter,” said Terence Jarman, the Company’s Chairman.
“Through a continuously growing leadership position over more than a decade, KORE has become the pre-eminent brand in enabling the IoT era,” said Romil. “I am excited to work with the existing management team to take the business to new levels of success, leveraging KORE’s well-established strengths and customer-centric approach, while realizing significant new growth opportunities.”
“We are thrilled to introduce Romil as KORE’s new CEO and look forward to leveraging his expertise and prior experiences in IoT in order to drive continued innovation to customers across the globe,” commented Rob MacInnis, Partner at Boston-based ABRY Partners, KORE’s controlling shareholder.
KORE Wireless Group (“KORE”) is the largest independent provider of managed network and layered applications enablement services within the emerging Internet of Things (“IoT”) market, focused on business-centric solutions and connectivity for the M2M (machine-to-machine) and telematics markets. With operations in the USA, Canada, Australia, Singapore, UK, Netherlands, Brazil and the Dominican Republic, KORE provides service to more than 3,500 applications providers and enterprise customers who integrate KORE services into diverse, industry-specific applications, including fleet management, healthcare, utilities, field services, asset management and tracking, and many more.