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kore
Kore Group Holdings
NYSE: KORE
+3.93 (+78.44%)
8.94
USD
At close at Feb 27, 21:45 UTC
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KORE Group Holdings Names Jared Deith Chief Revenue Officer to Boost IoT Growth

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Cashu
about 1 year ago
Cashu TLDR
  • KORE Group Holdings appoints Jared Deith as Chief Revenue Officer to enhance growth in the IoT sector.
  • Deith will oversee global sales and marketing, focusing on customer-centric IoT solutions and operational efficiency.
  • KORE aims to strengthen its market position and capitalize on IoT demand through strategic innovation and partnerships.
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KORE
Kore Group Holdings
78.44%

KORE Group Holdings Appoints Jared Deith as Chief Revenue Officer to Drive IoT Growth

KORE Group Holdings, Inc., a prominent player in the Internet of Things (IoT) sector, announces the appointment of Jared Deith as its new Executive Vice President and Chief Revenue Officer (CRO) as of January 31, 2025. Deith, who previously held the position of Executive Vice President for Connected Health, brings a wealth of experience and strategic vision to this newly consolidated role. His primary focus will be on fostering transformative growth and developing high-performing teams within the rapidly evolving IoT market. This leadership change follows the departure of the previous CRO and is part of a broader organizational redesign aimed at sharpening KORE's strategic direction in a competitive landscape.

In his new role, Deith is set to oversee global sales, partnerships, marketing, and revenue operations. He expresses enthusiasm for the potential of IoT solutions to drive customer growth, particularly through connected devices that require secure and scalable services. This focus aligns seamlessly with KORE’s existing strengths, positioning the company to leverage its expertise in simplifying IoT complexities for organizations seeking to improve operational efficiency and business outcomes. KORE’s commitment to customer-centric innovation underpins its strategy to remain a premier provider in the IoT space.

KORE's CEO, Ron Totton, commends Deith’s customer-focused leadership style and entrepreneurial spirit, both of which are essential for redefining the company's capabilities. Tim Donahue, KORE's Chairman of the Board, also emphasizes Deith’s keen understanding of customer needs and energetic approach, which will be pivotal in building on KORE’s already solid foundation. As the IoT market continues to expand, KORE aims to capitalize on its global reach and agile deployment of tailored solutions, ensuring it remains at the forefront of industry advancements.

In related developments, KORE Group Holdings is poised to capitalize on the growing demand for IoT solutions across various sectors. By streamlining its organizational structure and enhancing leadership roles, KORE aims to accelerate its growth trajectory and better meet the needs of its diverse customer base. The company’s commitment to innovation and strategic partnerships under Deith’s leadership is expected to enhance its competitive edge in the evolving IoT landscape.

The appointment of Jared Deith marks a significant shift for KORE Group Holdings as it seeks to redefine its strategic priorities and strengthen its market position. With a renewed focus on customer engagement and operational excellence, KORE is well-equipped to navigate the challenges and opportunities that lie ahead in the dynamic IoT industry.

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