MIDRAND, South Africa--(BUSINESS WIRE)--
MiX Telematics Limited (NYSE:MIXT, JSE:MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), today announced that Mr. Robin Frew has been appointed Chairman of the Board, effective 3 October 2016.
Mr. Frew is a founding shareholder and has been a director of MiX Telematics since inception in 1996. Mr. Frew currently represents the largest shareholder in the company and will continue to serve as a member of the Remuneration Committee.
Mr. Richard Bruyns, the outgoing Chairman, will remain on the Board and has been appointed to the new role of Lead Independent Non-executive Director. Mr. Bruyns will also take on the role of Chairman of the Remuneration Committee.
On behalf of MiX Telematics’ Board, Robin Frew said, “We thank Richard for guiding the company through a critical period of growth which included the listings on the JSE in 2008 and NYSE in 2013, as well as the recent share repurchase from Imperial Holdings. We appreciate all of Richard’s support and look forward to his ongoing, active contribution as a Board member.”
Frew concluded “We look forward to enhancing shareholder value through actively capitalizing on the opportunities presented by the growing demand for fleet and asset management solutions.”
About MiX Telematics Limited
MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers managing over 578,000 assets in approximately 120 countries. The company's products and services provide fleets of all sizes with solutions for efficiency, safety, compliance and security. MiX Telematics was founded in 1996 and has offices in the United States, South Africa, the United Kingdom, Uganda, Brazil, Australia and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the New York Stock Exchange (NYSE: MIXT) and the Johannesburg Stock Exchange (JSE: MIX). For more information, visit www.mixtelematics.com.
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