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Vontier Further Commits to Its Digital Strategy With Appointment of Chief Technology Officer
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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Tags
management
Rhea-AI Summary
Vontier Corporation (NYSE: VNT) has appointed Hani Joakim as Chief Technology Officer (CTO) to enhance its digital strategy. This role aims to strengthen the company's position in the digital transformation of customer workflows, focusing on connected solutions. Joakim will leverage his extensive experience, including previous leadership at 7-Eleven and Sabre Corporation, to drive growth and innovation. According to CEO Mark D. Morelli, Joakim is poised to guide Vontier through the evolving digital landscape, aligning business strategies with consumer needs.
Positive
Appointment of Hani Joakim as CTO, enhancing leadership in digital strategy.
Joakim's expertise in digital transformation can accelerate Vontier's growth.
New role signifies Vontier's commitment to innovation in customer workflows.
Negative
None.
RALEIGH, N.C.--(BUSINESS WIRE)--
Vontier Corporation (“Vontier”) (NYSE: VNT) announced today the appointment of Hani Joakim as Chief Technology Officer (CTO). The creation of this new role underscores Vontier’s commitment towards its digital strategy and further positions the company as an industry leader in the ongoing digitalization of customer workflows through its connected hardware, software, services, and payment solutions.
Hani Joakim, Chief Technology Officer (Photo: Business Wire)
Joakim will be responsible for setting the technology and digital direction to drive accelerated growth and innovation of connected customer workflows solutions. He will lead initiatives across enterprise and application domains, leveraging his experience in aligning business strategies and modern technologies, architectures, and software engineering practices to enable Vontier customers in their digital journeys.
Joakim brings highly relevant domain expertise and deep experience leading and scaling digital transformation to Vontier. He joined Vontier from 7-Eleven Inc. where he held the position of Chief Technology Officer and led the development and implementation of new technologies across the company’s merchandising, logistics, fuel systems, digital, customer facing and point-of-sale (POS) platforms. Prior to that, Hani spent more than 20 years at Sabre Corporation in a number of technology leadership roles of increasing responsibility, including SVP Hospitality Solutions and SVP Platform & Technology, where he oversaw the convergence of disparate POS applications into a single omnichannel responsive platform.
“Hani is the right leader at the right time,” said Mark D. Morelli, President and Chief Executive Officer. “A critical part of mobilizing the future is helping customers strategically reposition within the digital economy and align their operating workflows with evolving consumer needs and business models. With over 25 years of executive-level business and technology leadership, Hani brings proven experience at a time when secular tailwinds are with us to drive the next phase of growth in our multi-year portfolio transformation.”
ABOUT VONTIER
Vontier is a global industrial technology company at the forefront of solving next-gen mobility and transportation challenges. Guided by the Vontier Business System and an unwavering commitment to our customers, Vontier delivers smart, sustainable solutions to create a better world.
Lisa Curran Vice President, Investor Relations
Vontier Corporation 5438 Wade Park Boulevard, Suite 600
Raleigh, NC, 27607
Telephone: (984) 275-6000
Source: Vontier Corporation
FAQ
Who is Vontier's new Chief Technology Officer?
Hani Joakim has been appointed as the new Chief Technology Officer (CTO) of Vontier Corporation.
What responsibilities will Hani Joakim have at Vontier?
Hani Joakim will set the technology and digital direction to drive growth and innovation in connected customer workflows.
What is the significance of Hani Joakim's appointment for Vontier?
His appointment underscores Vontier's commitment to digital transformation and enhances its leadership in the industry.
What experience does Hani Joakim bring to Vontier?
Joakim has extensive experience as CTO at 7-Eleven and over 20 years at Sabre Corporation, focusing on technology leadership and digital transformation.
How might Hani Joakim's role impact Vontier's business strategy?
His leadership is expected to align Vontier's business strategies with consumer needs, driving innovation and growth in the digital economy.
