Ken Traub, chairman of the board of directors of Comtech Telecommunications, was appointed president and CEO of the global communications technology company, effective immediately.
Comtech said Traud, who succeeds John Ratigan, is driving the company’s comprehensive transformation.
“We are implementing a comprehensive set of initiatives to better position Comtech for the future including improving operational discipline, streamlining operations, supporting profitable growth initiatives, undertaking a broad review of strategic alternatives and strengthening the capital structure,” Traud shared.
]]>
Comtech’s board of directors has elected Kenneth Traub as the executive chairman of the company. In the Nov. 27 announcement, Comtech said that Traub will be the senior executive leading Comtech. John Ratigan, who was named permanent CEO at the end of October, will report to Traub.
Traub joined Comtech’s board one month ago as an independent director. He has experience as a CEO, chairman, director, investor, and consultant in public companies. Since 2019, Traub has served as the managing partner of consulting and investment advisory firm Delta Value Advisors. He was previously managing partner of Raging Capital and served as president and CEO of Ethos Management LLC.
]]>
Satellite ground hardware manufacturer Comtech Telecommunications Corp. hired a turnaround specialist as its new chief executive, the company’s fourth CEO since December 2021, and broadened a strategic review of options including a possible sale as it seeks to stabilize its business.
]]>
Comtech has appointed Daniel Gizinski as president of the company’s Satellite & Space Communications segment. With this role, he will oversee all aspects of the S&S segment, including product development, operations, and market expansion.
]]>
SES Space & Defense placed an order with Comtech for next-generation modems to operate on the O3b mPOWER constellation. The order announced Tuesday is for the software-defined SLM-5650B and other next-generation modems. Initial quantities under this new contract are expected to be delivered over the next year. Financial terms of the deal were not disclosed.
]]>
SES Space and Defense has awarded Comtech an initial order for next-generation modems for its O3b mPOWER constellation, Comtech announced Oct. 1 . The Chandler, Arizona-based technology company will deliver an undefined quantity of its software-defined SLM-5650B modems over the next year, to support…
]]>
]]>
The company’s move to Chandler has been years in the works. The Business Journal reported in December 2020 that Comtech leased the entire two-story, 146,000-square-foot building at 305 N. 54th St for its new headquarters.
]]>