On March 13, Melville, NY-based Comtech announced that its board of directors has appointed John Ratigan, chief corporate development officer (CCDO), as interim chief executive officer (CEO), effective immediately. Ratigan succeeds Ken Peterman, who has been terminated as president and CEO and will cease to serve on the board.
Ratigan, a former CEO, is an accomplished executive who brings over three decades of experience and senior leadership expertise across the global satellite technology sector, the company said. He has an extensive background in satellite communications, as well as a deep familiarity with Comtech, having spent ten years at EF Data Corp. prior to its acquisition by Comtech in July 2000, driving significant revenue growth over the course of his tenure. As CCDO at Comtech, Ratigan has proven himself an instrumental member of the executive team, identifying and optimizing market shifts currently underway and executing the company’s One Comtech strategy.
In addition, the board has elected current board member Mark Quinlan as chair of the board. “The board is committed to upholding the highest standards of ethical and professional conduct,” said Quinlan. “The Comtech board remains committed to our strategy and mission of serving the complex and secure connectivity needs of the government and commercial sectors. We are fortunate to have a leader of John’s caliber leading Comtech’s talented organization at this important moment as we continue to deliver mission-critical solutions to our global customer base. With our commitment to innovation and competitive market position, Comtech is well positioned to capitalize on the significant growth opportunities ahead.”
“As a leading global provider of next-generation 911 systems, secure wireless technologies and satellite communications, Comtech is at the forefront of innovative trusted connectivity solutions,” said Ratigan. “I look forward to working closely with the leadership team and the board as we continue successfully executing on One Comtech, building on the company’s recent momentum and creating value for shareholders, customers, partners, employees and other stakeholders.”
Source: Comtech
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