Digi International Announces the Nomination of Two Accomplished Executives to its Board of Directors and the Pending Retirement of Sally Smith from the Board of Directors
Digi International (DGII) has nominated two new members to its Board of Directors: Valerie Heusinkveld and Allison West Hughes. The election will be voted on at the company's annual meeting on February 3, 2025. Heusinkveld, former CFO of Cradlepoint, brings extensive financial and operational expertise in high-tech industries. West Hughes, currently Corporate Vice President at Microsoft, contributes significant experience in digital sales and marketing, particularly in subscription-based offerings.
The nominations coincide with the announced retirement of Sally Smith, who has served as director since 2018. The board changes reflect Digi's focus on expanding recurring revenue-based solutions and strengthening its position in the IoT space.
Digi International (DGII) ha nominato due nuovi membri per il suo Consiglio di Amministrazione: Valerie Heusinkveld e Allison West Hughes. L'elezione sarà votata durante l'assemblea annuale dell'azienda il 3 febbraio 2025. Heusinkveld, ex CFO di Cradlepoint, porta con sé un'ampia esperienza finanziaria e operativa nelle industrie ad alta tecnologia. West Hughes, attualmente Vice Presidente Corporativo presso Microsoft, contribuisce con una notevole esperienza nelle vendite e nel marketing digitale, in particolare nelle offerte basate su abbonamento.
Le nomination coincidono con l'annuncio del ritiro di Sally Smith, che ha ricoperto il ruolo di direttrice dal 2018. I cambiamenti nel consiglio riflettono l'impegno di Digi nell'espandere le soluzioni basate su entrate ricorrenti e nel rafforzare la propria posizione nel settore dell'IoT.
Digi International (DGII) ha nominado a dos nuevos miembros para su Junta Directiva: Valerie Heusinkveld y Allison West Hughes. La elección será votada en la reunión anual de la compañía el 3 de febrero de 2025. Heusinkveld, ex CFO de Cradlepoint, aporta una amplia experiencia financiera y operativa en la industria de alta tecnología. West Hughes, actualmente Vicepresidenta Corporativa en Microsoft, contribuye con una experiencia significativa en ventas y marketing digital, particularmente en ofertas basadas en suscripción.
Las nominaciones coinciden con el anuncio de la jubilación de Sally Smith, quien ha servido como directora desde 2018. Los cambios en la junta reflejan el enfoque de Digi en expandir soluciones basadas en ingresos recurrentes y fortalecer su posición en el espacio IoT.
Digi International (DGII)가 이사회에 두 명의 신임 이사를 지명했습니다: Valerie Heusinkveld와 Allison West Hughes. 선거는 2025년 2월 3일 회사의 연례 회의에서 투표될 예정입니다. Heusinkveld는 Cradlepoint의 이전 CFO로서 하이테크 산업에서 광범위한 재무 및 운영 전문 지식을 제공합니다. West Hughes는 현재 Microsoft의 부사장으로서 구독 기반 서비스에서 디지털 판매 및 마케팅에 대한 중요한 경험을 기여하고 있습니다.
이번 지명은 2018년부터 이사로 재직했던 Sally Smith의 은퇴 발표와 일치합니다. 이사회 변경은 Digi가 반복 수익 기반 솔루션을 확장하고 IoT 분야에서의 입지를 강화하는 데 초점을 맞추고 있음을 반영합니다.
Digi International (DGII) a nommé deux nouveaux membres à son Conseil d'Administration : Valerie Heusinkveld et Allison West Hughes. L'élection sera soumise au vote lors de l'assemblée générale annuelle de l'entreprise le 3 février 2025. Heusinkveld, ancienne CFO de Cradlepoint, apporte une grande expertise financière et opérationnelle dans les industries de haute technologie. West Hughes, actuellement Vice-Présidente Corporate chez Microsoft, contribue une expérience significative en ventes et marketing digital, notamment dans les offres par abonnement.
Ces nominations coïncident avec l'annonce de la retraite de Sally Smith, qui a servi en tant que directrice depuis 2018. Les changements au sein du conseil reflètent l'engagement de Digi à étendre des solutions basées sur des revenus récurrents et à renforcer sa position dans le secteur de l'IoT.
Digi International (DGII) hat zwei neue Mitglieder für seinen Vorstand nominiert: Valerie Heusinkveld und Allison West Hughes. Die Wahl wird auf der jährlichen Hauptversammlung des Unternehmens am 3. Februar 2025 abgestimmt. Heusinkveld, ehemalige CFO von Cradlepoint, bringt umfassende finanzielle und betriebliche Erfahrung in der Hochtechnologiebranche mit. West Hughes, derzeit Corporate Vice President bei Microsoft, trägt bedeutende Erfahrung im digitalen Vertrieb und Marketing bei, insbesondere bei abonnementbasierten Angeboten.
Die Nominierungen fallen mit der angekündigten Pensionierung von Sally Smith zusammen, die seit 2018 als Direktorin tätig ist. Die Veränderungen im Vorstand spiegeln Digis Fokus wider, Lösungen auf Basis wiederkehrender Einnahmen auszubauen und die Position im IoT-Bereich zu stärken.
- Strategic board nominations bringing expertise in recurring revenue models and IoT solutions
- Addition of high-level executives with experience from major tech companies (Microsoft, Cradlepoint)
- Enhanced board expertise in financial operations and digital sales strategies
- Loss of experienced board member Sally Smith through retirement
Nomination of two new members for election to the Board would bring deep knowledge and industry expertise to their board roles
Ms. Heusinkveld served as Chief Financial Officer of Cradlepoint, Inc., a provider of bundled cellular hardware and connectivity and monitoring software solutions, from 2012 until her retirement in 2021. Previously, she served as Chief Financial Officer of Purcell Systems from 2007 to 2012. As a former Chief Financial Officer at high technology companies, she has extensive high technology industry knowledge and leadership experience in both financial and operational matters. The company believes this experience would provide the Board with expertise in such areas as finance, operations, hardware and solutions sales models with a focus on annual recurring revenue (ARR), as well as mergers and acquisitions, internal controls, risk management and auditing.
Ms. West Hughes has served as Corporate Vice President at Microsoft Corporation since July 2022, initially focused on digital acquisition and adding responsibility for small and medium business in July 2024. Previously, she served as Senior Vice President, Global Digital Go to Market at ServiceNow, a cloud computing platform software company servicing businesses of varying sizes, from July 2021 to June 2022, after having served as Vice President from April 2020 and previously serving as Area Vice President from 2018. She has extensive high technology industry knowledge and leadership experience and brings expertise in such areas as sales and marketing and operations. The company believes her expertise in marketing and selling subscription-based offerings resulting in annual recurring revenue, as well as working with customers of varying degrees of scale would be valuable as the company executes on the expansion of recurring revenue-based solutions offerings across its business.
“We want to thank Sally for her commitment to Digi and her assistance in helping the company grow and advance its mission. While her contributions were significant and will be missed, we are thrilled to nominate both Valerie and Allison to our Board of Directors,” said Satbir Khanuja, Ph.D., Non-executive Chairman of the Board, Digi International. “Their extensive experience in technology, innovation, ARR and financial strategy aligns with Digi's commitment to driving IoT advancements and delivering value to our stakeholders. We are confident their leadership will strengthen our ability to deliver on our vision as we continue expanding our global presence and driving Digi’s renaissance as a leading solution provider in the IoT space.”
The nomination of Heusinkveld and Hughes underscores Digi's dedication to fostering innovation and sustaining Digi’s excellence in technology innovation and customer-centricity.
Additional Information and Where to Find It
Digi International has filed with the Securities and Exchange Commission (the “SEC”) a definitive proxy statement on Schedule 14A (the “Definitive Proxy Statement”) with respect to its solicitation of proxies for Digi International’s 2025 annual meeting of stockholders (the “2025 Annual Meeting”). The Definitive Proxy Statement contains important information about the matters to be voted on at the 2025 Annual Meeting. STOCKHOLDERS OF DIGI INTERNATIONAL ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT DIGI INTERNATIONAL HAS FILED OR WILL FILE WITH THE SEC BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT DIGI INTERNATIONAL AND THE MATTERS TO BE VOTED ON AT THE 2025 ANNUAL MEETING. Stockholders are able to obtain free copies of these documents and other documents filed with the SEC by Digi International through the website maintained by the SEC at www.sec.gov. In addition, stockholders are able to obtain free copies of these documents from Digi International by going to Digi International’s Investor Relations page on its website at www.digi.com.
Participants in the Solicitation
The directors, executive officers, and employees of Digi International may be deemed to be participants in the solicitation of proxies from the stockholders of Digi International in connection with 2025 Annual Meeting. Digi International has also engaged Alliance Advisors LLC to assist in the solicitation of proxies for the 2025 Annual Meeting and to provide related advice and informational support. Information regarding the interests of participants in the solicitation of proxies in respect of the 2025 Annual Meeting is included in the Definitive Proxy Statement.
About Digi International
Digi International (NASDAQ: DGII) is a leading global provider of IoT connectivity products, services, and solutions. It helps companies create next-generation connected products and deploy and manage critical communications infrastructures in demanding environments with high levels of security and reliability. Founded in 1985, Digi has helped customers connect more than 100 million things and counting. For more information, visit www.digi.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241213612450/en/
Media Contact:
Peter Ramsay
Global Results Communications
digi@globalresultspr.com
949.307.5908
Source: Digi International
FAQ
Who are the new board nominees for Digi International (DGII)?
When will DGII shareholders vote on the new board nominations?
What experience does Valerie Heusinkveld bring to DGII's board?
What is Allison West Hughes's current role and expertise for DGII?
Who is retiring from DGII's board of directors?
