Verra Mobility Appoints Jon Baldwin as EVP of Government Solutions

Rhea-AI Summary

Verra Mobility (NASDAQ: VRRM) appointed Jon Baldwin as Executive Vice President of Government Solutions, effective April 4, 2022. Baldwin has 26 years of experience in global business operations, particularly in business-to-government software and services. Previously, he was President of Fortive's Gems, Sensors and Controls business. His leadership is expected to enhance Verra Mobility's Government Solutions, which provides advanced technology for urban mobility, safety, and compliance.

Positive

• Baldwin's extensive experience in business-to-government software may enhance Verra Mobility's operational effectiveness.
• Appointment expected to drive growth in Government Solutions sector, improving safety and compliance.

Negative

• Potential concerns about continuity in leadership and experience gaps in the executive team.

MESA, Ariz., March 23, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Jon Baldwin as Executive Vice President of Government Solutions, effective April 4, 2022.

Mr. Baldwin previously served as President of Fortive's Gems, Sensors and Controls business, a global supplier of industrial sensors and control components. He brings 26 years of experience leading global business operations, including a focus on business-to-government software and services.

Mr. Baldwin will be a key member of Verra Mobility's executive team and will report directly to CEO David Roberts.

"I am honored to welcome Jon Baldwin and look forward to working with him," said David Roberts, president and CEO, Verra Mobility. "We are well-positioned to help our customers solve emerging urban mobility challenges, while also improving safety, sustainability and compliance. Jon's expertise in leading large, complex operations will be vital to growing our global Government Solutions business."

Prior to joining Fortive, Mr. Baldwin served as the General Manager for Texas Instruments' Precision Signal Path business unit. He also held leadership roles in marketing, business development and strategy for National Semiconductor Corporation, Samplify Systems, Inc. and Analog Devices, Inc. He began his career at Raytheon Technologies as a systems engineer.

Mr. Baldwin earned an MBA and a Master of Science in Electrical Engineering from Northeastern University in Boston, and a Bachelor of Science in Electrical Engineering from the University of Connecticut.

Verra Mobility's Government Solutions business delivers technology solutions to cities around the world to help make transportation safer and more efficient. It is a leading provider of red-light and speed safety camera systems in the U.S. and Australia. Government Solutions also delivers school bus stop-arm safety technology to help protect schoolchildren, as well as a range of urban mobility solutions to enhance compliance and optimize mobility. As an end-to-end solution partner, it supports the back-office processing for tens of millions of traffic safety and mobility events each year.

About Verra Mobility

Verra Mobility (NASDAQ: VRRM) is committed to developing and using the latest in technology and data intelligence to help make transportation safer and easier. As a global company operating in more than 15 countries, Verra Mobility sits at the center of the mobility ecosystem – one that brings together vehicles, devices, information, and people to solve the most complex challenges faced by our customers and the constituencies they serve.

Verra Mobility serves the world's largest commercial fleets and rental car companies to manage tolling transactions and violations for millions of vehicles. As a leading provider of connected systems, Verra Mobility processes millions of transactions each year through integration and connectivity with hundreds of tolling and issuing authorities. Verra Mobility fosters the development of safe cities, partnering with law enforcement agencies, transportation departments and school districts, operating thousands of red-light, speed, bus lane and school bus stop arm safety cameras. Arizona-based Verra Mobility operates in North America, Europe, Asia, and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility's plans, objectives, expectations, beliefs and intentions and other statements including words such as "hope," "anticipate," "may," "believe," "expect," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of the Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility's other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility's reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.

Media Relations: 
Eric Krantz
eric.krantz@verramobility.com                   

Investor Relations:
Mark Zindler
mark.zindler@verramobility.com

 

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SOURCE Verra Mobility

FAQ

What is Jon Baldwin's role at Verra Mobility?

Jon Baldwin has been appointed as Executive Vice President of Government Solutions.

When does Jon Baldwin start his new role at Verra Mobility?

Jon Baldwin will start his role on April 4, 2022.

What experience does Jon Baldwin bring to Verra Mobility?

He brings 26 years of experience in leading global business operations, with a focus on business-to-government software and services.

What impact might Baldwin's appointment have on Verra Mobility's services?

His expertise may drive growth and enhance the efficiency of Government Solutions, particularly in urban mobility and compliance.