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KORE Appoints Jared Deith as Chief Revenue Officer to Accelerate Market Leadership and Innovation

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KORE Group Holdings (NYSE: KORE) has appointed Jared Deith as Executive Vice President and Chief Revenue Officer (CRO), following the departure of the previous CRO. Deith, who previously served as Executive Vice President of Connected Health, will maintain these responsibilities alongside his new role.

In his expanded position, Deith will oversee global sales, partnerships, marketing, and revenue operations. The appointment is part of an organizational redesign aimed at accelerating KORE's position as a leading IoT solutions provider. Deith brings entrepreneurial experience and a track record of building high-performing teams in the IoT market.

CEO Ron Totton highlighted Deith's growth mindset and customer focus, while Board Chairman Tim Donahue emphasized his understanding of customer needs and drive to advance KORE's market position.

KORE Group Holdings (NYSE: KORE) ha nominato Jared Deith come Vice Presidente Esecutivo e Chief Revenue Officer (CRO), dopo la partenza del precedente CRO. Deith, che in precedenza ricopriva il ruolo di Vice Presidente Esecutivo di Connected Health, manterrà queste responsabilità insieme al suo nuovo ruolo.

Nel suo nuovo incarico ampliato, Deith supervisionerà le vendite globali, le partnership, il marketing e le operazioni di revenue. Questa nomina fa parte di una ristrutturazione organizzativa finalizzata ad accelerare la posizione di KORE come fornitore leader di soluzioni IoT. Deith porta con sé un'esperienza imprenditoriale e un comprovato track record nella costruzione di team ad alte prestazioni nel mercato IoT.

Il CEO Ron Totton ha evidenziato la mentalità orientata alla crescita di Deith e il suo focus sui clienti, mentre il Presidente del Consiglio di Amministrazione Tim Donahue ha sottolineato la sua comprensione delle esigenze dei clienti e la sua determinazione ad avanzare la posizione di mercato di KORE.

KORE Group Holdings (NYSE: KORE) ha nombrado a Jared Deith como Vicepresidente Ejecutivo y Director de Ingresos (CRO), tras la salida del CRO anterior. Deith, que anteriormente se desempeñaba como Vicepresidente Ejecutivo de Connected Health, mantendrá estas responsabilidades junto a su nuevo cargo.

En su puesto ampliado, Deith supervisará las ventas globales, asociaciones, marketing y operaciones de ingresos. Este nombramiento forma parte de una reestructuración organizativa destinada a acelerar la posición de KORE como proveedor líder de soluciones IoT. Deith aporta experiencia emprendedora y un historial comprobado en la construcción de equipos de alto rendimiento en el mercado IoT.

El CEO Ron Totton destacó la mentalidad de crecimiento de Deith y su enfoque en el cliente, mientras que el presidente de la Junta, Tim Donahue, enfatizó su comprensión de las necesidades del cliente y su impulso para avanzar en la posición de mercado de KORE.

KORE Group Holdings (NYSE: KORE)는 이전 CRO의 퇴직 후 Jared Deith를 부사장 겸 수익 책임자(CRO)로 임명했습니다. Deith는 이전에 Connected Health의 부사장으로 재직하며, 새로운 역할과 함께 이러한 책임을 유지할 것입니다.

확장된 직책에서 Deith는 글로벌 판매, 파트너십, 마케팅, 수익 운영을 감독합니다. 이번 임명은 KORE가 IoT 솔루션 제공업체로서의 입지를 강화하기 위한 조직 재편의 일환입니다. Deith는 IoT 시장에서 고성능 팀을 구축한 경험과 기업가 정신을 가지고 있습니다.

CEO Ron Totton은 Deith의 성장 마인드셋과 고객 중심을 강조했으며, 이사회 의장 Tim Donahue는 고객의 요구 이해와 KORE의 시장 위치를 발전시키기 위한 의지를 강조했습니다.

KORE Group Holdings (NYSE: KORE) a nommé Jared Deith au poste de Vice-Président Exécutif et de Directeur des Revenus (CRO), suite au départ de l'ancien CRO. Deith, qui a précédemment occupé le poste de Vice-Président Exécutif de Connected Health, conservera ces responsabilités en plus de son nouveau rôle.

Dans son poste élargi, Deith supervisera les ventes mondiales, les partenariats, le marketing et les opérations de revenus. Cette nomination fait partie d'une restructuration organisationnelle visant à accélérer la position de KORE en tant que fournisseur leader de solutions IoT. Deith apporte une expérience entrepreneuriale et un bilan éprouvé dans la création d'équipes performantes sur le marché de l'IoT.

Le CEO Ron Totton a souligné la mentalité de croissance de Deith et son orientation client, tandis que le Président du Conseil d'Administration Tim Donahue a mis en évidence sa compréhension des besoins des clients et sa volonté de renforcer la position de marché de KORE.

KORE Group Holdings (NYSE: KORE) hat Jared Deith zum Executive Vice President und Chief Revenue Officer (CRO) ernannt, nach dem Weggang des vorherigen CRO. Deith, der zuvor als Executive Vice President von Connected Health tätig war, wird diese Verantwortungen zusammen mit seiner neuen Rolle beibehalten.

In seiner erweiterten Position wird Deith die globalen Verkaufs-, Partner-, Marketing- und Einnahmeoperationen überwachen. Diese Ernennung ist Teil eines organisatorischen Redesigns, das darauf abzielt, KOREs Position als führender Anbieter von IoT-Lösungen zu beschleunigen. Deith bringt unternehmerische Erfahrung und eine nachweisliche Erfolgsgeschichte beim Aufbau von leistungsstarken Teams im IoT-Markt mit.

CEO Ron Totton hob Deiths Wachstumsdenken und Kundenorientierung hervor, während der Vorstandsvorsitzende Tim Donahue sein Verständnis für die Bedürfnisse der Kunden und seinen Antrieb, KOREs Marktposition voranzutreiben, betonte.

Positive
  • Consolidation of leadership roles potentially reducing executive overhead
  • Internal promotion suggests strong succession planning and organizational stability
  • Appointment brings entrepreneurial experience in IoT market
Negative
  • Departure of previous CRO indicates potential leadership instability
  • Consolidation of roles may lead to increased operational risks

ATLANTA, Jan. 31, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), a global leader in IoT solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, today has named Jared Deith as Executive Vice President and Chief Revenue Officer (CRO). Deith, an established entrepreneur, brings a strong track record of building high-performing teams and driving transformative growth in the IoT market.

Deith's appointment comes as part of an organizational redesign following the departure of KORE's prior Executive Vice President and Chief Revenue Officer. Deith's responsibilities in his prior role as Executive Vice President, Connected Health will be consolidated with his new responsibilities as CRO.

"I'm honored and excited to step into the role of CRO and drive KORE to expected new heights of success and growth," said Deith. "In my recent role leading the Global Connected Health business, I've seen firsthand the transformative power of IoT solutions for our customers. Many are fueling their growth through connected devices and require highly available, secure, and scalable solutions—perfectly aligned with KORE's strengths." 

"As a proven leader in the IoT market, Jared brings a growth mindset and an unwavering customer focus, making him the ideal choice," said Ron Totton, Chief Executive Officer of KORE. "His entrepreneurial spirit and execution-focused approach will help us redefine what's possible in the IoT space."

Tim Donahue, KORE's Chairman of the Board of Directors, added, "Jared has a keen understanding of customer needs and a relentless drive and energy—exactly what's needed to build on KORE's strong foundation and take the Company to new heights."

In his new role, Deith will oversee global sales, partnerships, marketing and revenue operations, accelerating KORE's momentum as the go-to provider for IoT solutions. 

About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission-critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers' business outcomes. For more information, visit www.korewireless.com.

Cautionary Note on Forward-Looking Statements

This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," "momentum" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. In particular, statements relating to KORE's business outlook, objectives, development, plans, growth strategies and other strategic priorities; KORE's estimated position and strengths in the IoT market; estimations of addressable markets and customer growth; and statements relating to KORE's future growth, business, prospects and opportunities, as well as other statements that are not historical facts, constitute forward-looking statements. These statements are based on various assumptions and on the current expectations of KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; risks related to the rollout of KORE's business and the timing of expected business milestones; risks relating to the integration of KORE's acquired businesses, changes in the assumptions underlying KORE's expectations regarding its future business; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact:

Stephen Rana
Senior Content Marketing Manager
sbell@korewireless.com

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SOURCE KORE

FAQ

Who is the new Chief Revenue Officer at KORE (NYSE: KORE)?

Jared Deith has been appointed as Executive Vice President and Chief Revenue Officer (CRO) at KORE, effective January 31, 2025.

What was Jared Deith's previous role at KORE before becoming CRO?

Before becoming CRO, Jared Deith served as Executive Vice President of Connected Health at KORE.

What responsibilities will Jared Deith have as KORE's new CRO?

As CRO, Deith will oversee global sales, partnerships, marketing, and revenue operations, while maintaining his Connected Health responsibilities.

Why did KORE appoint a new CRO in January 2025?

KORE appointed a new CRO following the departure of the previous Executive Vice President and Chief Revenue Officer, as part of an organizational redesign.

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