Powerfleet Appoints Andrew Martin as Chairman: PWRF

[Para 1: The Lead] Powerfleet Inc. (PWRF) announced today, February 3, 2026, that Andrew Martin has been appointed as the new Chairman of the Board, effective immediately. This strategic move is aimed at strengthening the company's leadership and governance structure, following a period of significant growth and market expansion. [Para 2-3: Supporting details & Context] The appointment of Mr. Martin, a seasoned executive with over two decades of experience in the automotive and technology sectors, is expected to drive further innovation and strategic partnerships for Powerfleet. Prior to this role, Mr. Martin served as CEO of AutoTech Solutions, a leading provider of fleet management solutions. Under his leadership, AutoTech Solutions experienced a 30% increase in market share and expanded its operations into Europe and Asia. Powerfleet's stock (PWRF) opened 2% higher in early trading, reflecting investor confidence in the new leadership.