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Lantronix Names Tech Industry Veteran Todd Rychecky General Manager and Head of Out-of-Band Management Business

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Lantronix (NASDAQ: LTRX) has appointed Todd Rychecky as general manager and head of its Out-of-Band (OOB) Management Business Line. Rychecky, who previously led OpenGear's business and managed a $100 million network resilience contract, brings extensive experience in network resilience, SaaS solutions, and OOB management.

In his new role, Rychecky will be responsible for strategic leadership of the OOB Management business, driving revenue growth, expanding market share, and enhancing financial performance. The appointment aligns with Lantronix's focus on AI-driven networking solutions, supported by their product portfolio including LM80, LM83, LM4, SLC8000, EMG7500/8500, Spider, and upcoming innovations like SLC9000, LM48, and 5G-enabled LM series.

Lantronix (NASDAQ: LTRX) ha nominato Todd Rychecky come direttore generale e responsabile della sua linea di business di gestione Out-of-Band (OOB). Rychecky, che in precedenza ha guidato l'attività di OpenGear e gestito un contratto di resilienza di rete da 100 milioni di dollari, porta con sé una vasta esperienza nella resilienza di rete, nelle soluzioni SaaS e nella gestione OOB.

Nel suo nuovo ruolo, Rychecky sarà responsabile della leadership strategica del business di gestione OOB, guidando la crescita dei ricavi, espandendo la quota di mercato e migliorando le performance finanziarie. La nomina è in linea con il focus di Lantronix sulle soluzioni di networking guidate dall'IA, supportate dal loro portafoglio prodotti che include LM80, LM83, LM4, SLC8000, EMG7500/8500, Spider e le prossime innovazioni come SLC9000, LM48 e la serie LM abilitata al 5G.

Lantronix (NASDAQ: LTRX) ha nombrado a Todd Rychecky como director general y responsable de su línea de negocio de gestión Out-of-Band (OOB). Rychecky, quien anteriormente lideró el negocio de OpenGear y gestionó un contrato de resiliencia de red de 100 millones de dólares, aporta una amplia experiencia en resiliencia de red, soluciones SaaS y gestión OOB.

En su nuevo rol, Rychecky será responsable del liderazgo estratégico del negocio de gestión OOB, impulsando el crecimiento de ingresos, ampliando la cuota de mercado y mejorando el rendimiento financiero. La designación se alinea con el enfoque de Lantronix en soluciones de redes impulsadas por IA, respaldadas por su cartera de productos que incluye LM80, LM83, LM4, SLC8000, EMG7500/8500, Spider y las próximas innovaciones como SLC9000, LM48 y la serie LM habilitada para 5G.

란트로닉스 (NASDAQ: LTRX)는 토드 라이체키를 아웃오브밴드(OOB) 관리 비즈니스 라인의 총괄 관리자이자 책임자로 임명했습니다. 라이체키는 이전에 오픈기어(OpenGear)의 비즈니스를 이끌었으며 1억 달러 규모의 네트워크 복원력 계약을 관리한 경험이 있어 네트워크 복원력, SaaS 솔루션 및 OOB 관리에 대한 폭넓은 경험을 제공합니다.

새로운 역할에서 라이체키는 OOB 관리 비즈니스의 전략적 리더십을 책임지며, 수익 성장, 시장 점유율 확대 및 재무 성과 향상을 추진하게 됩니다. 이번 임명은 란트로닉스가 AI 기반 네트워킹 솔루션에 집중하고 있다는 점과 관련이 있으며, LM80, LM83, LM4, SLC8000, EMG7500/8500, Spider 및 SLC9000, LM48, 5G 지원 LM 시리즈와 같은 제품 포트폴리오에 의해 뒷받침됩니다.

Lantronix (NASDAQ: LTRX) a nommé Todd Rychecky au poste de directeur général et responsable de sa ligne de gestion Out-of-Band (OOB). Rychecky, qui a précédemment dirigé l'activité d'OpenGear et géré un contrat de résilience réseau de 100 millions de dollars, apporte une vaste expérience en résilience réseau, solutions SaaS et gestion OOB.

Dans son nouveau rôle, Rychecky sera responsable de la direction stratégique de l'activité de gestion OOB, stimulant la croissance des revenus, élargissant la part de marché et améliorant la performance financière. Cette nomination s'inscrit dans l'axe de Lantronix sur les solutions de réseau pilotées par l'IA, soutenues par leur portefeuille de produits comprenant LM80, LM83, LM4, SLC8000, EMG7500/8500, Spider et les prochaines innovations comme SLC9000, LM48 et la série LM compatible 5G.

Lantronix (NASDAQ: LTRX) hat Todd Rychecky zum Geschäftsführer und Leiter seiner Out-of-Band (OOB) Management-Geschäftsbereichs ernannt. Rychecky, der zuvor das Geschäft von OpenGear leitete und einen Netzwerk-Resilienzvertrag über 100 Millionen Dollar verwaltete, bringt umfassende Erfahrung in Netzwerkresilienz, SaaS-Lösungen und OOB-Management mit.

In seiner neuen Rolle wird Rychecky für die strategische Führung des OOB-Management-Geschäfts verantwortlich sein, das Umsatzwachstum vorantreiben, den Marktanteil erweitern und die finanzielle Leistung verbessern. Die Ernennung steht im Einklang mit dem Fokus von Lantronix auf KI-gesteuerte Netzwerklösungen, unterstützt durch ihr Produktportfolio, das LM80, LM83, LM4, SLC8000, EMG7500/8500, Spider sowie kommende Innovationen wie SLC9000, LM48 und die 5G-fähige LM-Serie umfasst.

Positive
  • Strategic hire of experienced executive with proven $100M contract management track record
  • Expansion of AI-driven networking solutions portfolio
  • Comprehensive suite of current and upcoming OOB management products
Negative
  • None.

IRVINE, Calif., April 01, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced the appointment of Todd Rychecky as general manager and head of its Out-of-Band (OOB) Management Business Line. With a proven track record in network resilience, SaaS solutions and OOB management, Rychecky will play a pivotal role in expanding Lantronix’s market presence and driving strategic growth in this critical sector.

Rychecky brings a proven track record of success in the OOB management space, having played a key role in scaling OpenGear’s business as well as leading major strategic deals, including a landmark $100 million network resilience contract. With deep expertise in product positioning, SaaS business models and global sales leadership, Rychecky is well-positioned to drive growth and innovation at Lantronix.

“This is an exciting time for Lantronix as we continue to position ourselves as a leader in AI-driven networking solutions,” said Mathi Gurusamy, chief strategy and product officer at Lantronix. “With Todd’s deep expertise and strategic vision, we are confident in our ability to scale our Out-of-Band business, enhance our market presence and deliver groundbreaking solutions to our customers.”

As general manager of Lantronix’s OOB Management Business Line, Rychecky is responsible for:

  • Strategic leadership of Lantronix’s OOB Management business, aligning it with the company’s broader AI and connectivity strategy;
  • Driving revenue growth and profitability, leveraging his extensive experience in scaling technology businesses and building successful sales teams;
  • Expanding Lantronix’s OOB market share through product innovation, strategic partnerships and enhanced customer engagement; and
  • Enhancing financial performance, overseeing P&L and optimizing cost efficiencies.

Rychecky joins Lantronix at a vital moment as the company leverages AI-driven solutions across its core business lines, including OOB Management, Network Equipment and Industrial IoT.

With a robust product pipeline, including its LM80, LM83, LM4, SLC8000, EMG7500/8500 and Spider as well as its upcoming innovations SLC9000, LM48 and 5G-enabled LM series, Lantronix offers a comprehensive suite of OOB management solutions. These solutions empower enterprises with secure, resilient network management tools, ensuring uninterrupted connectivity and streamlined IT operations. Additionally, Lantronix’s LEVEL SERVICES provide enterprise customers with customized, high-touch technical support to meet evolving network demands.

“I am thrilled to join Lantronix at this crucial juncture to lead the company’s Out-of-Band management business to new heights,” said Rychecky. “Lantronix has a strong foundation, cutting-edge AI-driven solutions and an unmatched product portfolio. I look forward to driving innovation, scaling the business and helping our customers achieve greater network resilience and operational efficiency.”

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com

Lantronix Analyst and Investor Contact:        
investors@lantronix.com

©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cd905e61-186c-497b-a86f-26916432a567.


FAQ

What is Todd Rychecky's new role at Lantronix (LTRX)?

Todd Rychecky has been appointed as general manager and head of Lantronix's Out-of-Band (OOB) Management Business Line, responsible for strategic leadership and business growth.

What major achievements does Todd Rychecky bring to LTRX?

Rychecky brings experience from scaling OpenGear's business and managing a $100 million network resilience contract, with expertise in product positioning and SaaS business models.

What are the key products in Lantronix's OOB management portfolio?

Current products include LM80, LM83, LM4, SLC8000, EMG7500/8500, and Spider, with upcoming launches of SLC9000, LM48, and 5G-enabled LM series.

What are Todd Rychecky's main responsibilities at LTRX?

His responsibilities include strategic leadership, driving revenue growth, expanding market share through innovation and partnerships, and enhancing financial performance of the OOB Management business.
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