{"id":390770,"date":"2020-12-01T09:28:18","date_gmt":"2020-12-01T14:28:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390770"},"modified":"2020-12-01T09:28:18","modified_gmt":"2020-12-01T14:28:18","slug":"communications-systems-inc-appoints-anita-kumar-as-chief-executive-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/communications-systems-inc-appoints-anita-kumar-as-chief-executive-officer\/","title":{"rendered":"Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer<\/b><\/p>\n<p>MINNETONKA, Minn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCommunications Systems, Inc. (NASDAQ: JCS) (\u201cCSI\u201d or the \u201cCompany\u201d), an IoT intelligent edge products and services company, today announced that it has appointed Anita Kumar as its Chief Executive Officer, effective immediately. Ms. Kumar will also join CSI\u2019s Board of Directors bringing the total number of members to six. As the new CEO, she succeeds Roger Lacey who will continue to serve as Executive Chairman of CSI\u2019s Board of Directors.\n<\/p>\n<p>\nMs. Kumar joined CSI in 2011 and was promoted to General Manager of Transition Networks in 2019, where she led business operations and oversaw the Electronics &amp; Software assets of CSI. Prior to joining CSI, she held positions in product management and software engineering at global organizations such as ADC, Nortel Networks, Lucent Technologies, AT&amp;T and Ericsson-Raynet. Ms. Kumar has a Ph.D. from Ohio University in high energy particle physics and a B.S. from University of Mumbai.\n<\/p>\n<p>\nMs. Kumar noted, \u201cI am honored to accept the role of CEO and excited to lead our Company into the next stage of corporate growth and expansion. Over the last several years we have gone through a significant transformation, made meaningful investments in the development of state-of-the-art solutions, aligned our resources towards high growth markets and focused our efforts on recurring and higher margin revenue sources. We are now well positioned to become a leading provider of secure, Never Down\u00ae solutions at the intelligent edge of networks. Our customers are looking to realize business benefits from data captured at the network edge and our goal is to provide them actionable insight through intuitive solutions and managed service offerings. I am confident that with our amazing, dedicated and talented team and our well-thought-out business strategy we will be able to capitalize on substantial new opportunities to expand our client base and grow our revenue.\u201d\n<\/p>\n<p>\nMs. Kumar added, \u201cI am looking forward to working closely with our outstanding leadership team, our Executive Chairman, Roger, and our board of directors to steer CSI toward new growth avenues and create long-term value for our shareholders.\u201d\n<\/p>\n<p>\nMr. Lacey said, \u201cWe are delighted with the appointment of Anita and believe that she brings the right experience and skills needed to accelerate our scale and growth. As a member of our team for almost a decade, she has shown tremendous leadership capabilities and has a track record of producing exceptional results. As the Company\u2019s Executive Chairman, I look forward in working closely with Anita and our board to leverage all of our combined knowledge and relationships towards a smooth transition, and at the same time ensure the continued success of the great business we have built over the years.\u201d\n<\/p>\n<p><strong>About Communications Systems<\/strong><\/p>\n<p>\nCommunications Systems, Inc., an IoT intelligent edge products and services company, provides network infrastructure and services for global deployments of enterprise and industrial networks. CSI operates under its Electronics &amp; Software and Services &amp; Support operating segments.\n<\/p>\n<p><span class=\"bwuline\">Electronics &amp; Software segment<\/span> provides smart, flexible solutions at network edge, by giving customers the ability to easily provision and proactively manage their networks with actionable insights about their edge devices and connected end points, thereby minimizing the administrative burden of the operator.\n<\/p>\n<p><span class=\"bwuline\">Services &amp; Support segment<\/span> provides fully managed services for all aspects of design, deployment, support and maintenance of customer networks.\n<\/p>\n<p>\nWith partners and customers in over 50 countries, CSI has built a reputation as a reliable global innovator focusing on quality and customer service. CSI For more information visit: commsysinc.com.\n<\/p>\n<p><b>Forward Looking Statement<\/b><\/p>\n<p>\nThis press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on Communications Systems\u2019 current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements here due to changes in economic, business, competitive or regulatory factors, and other risks and uncertainties affecting the operation of Communications Systems\u2019 business. These risks, uncertainties and contingencies are presented in the Company\u2019s Annual Report on Form 10-K and, from time to time, in the Company\u2019s other filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that the Company\u2019s financial results in any particular period may not be indicative of future results. Communications Systems is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005292r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201201005292\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201201005292\/en\/<\/a><\/span><\/p>\n<p><b>Communications Systems, Inc.<br \/>\n<\/b><br \/>Anita Kumar<br \/>\n<br \/>Chief Executive Officer<br \/>\n<br \/>952-996-1674\n<\/p>\n<p>\nRoger H. D. Lacey<br \/>\n<br \/>Executive Chair<br \/>\n<br \/>952-996-1674\n<\/p>\n<p>\nMark D. Fandrich<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/>952-582-6416 \/ <a rel=\"nofollow\" href=\"mailto:mark.fandrich@commsysinc.com\">mark.fandrich@commsysinc.com<\/a><\/p>\n<p><b>The Equity Group Inc.<br \/>\n<\/b><br \/>Lena Cati<br \/>\n<br \/>Vice President<br \/>\n<br \/>212-836-9611 \/ <a rel=\"nofollow\" href=\"mailto:lcati@equityny.com\">lcati@equityny.com<\/a><\/p>\n<p>\nDevin Sullivan<br \/>\n<br \/>Senior Vice President<br \/>\n<br \/>212-836-9608 \/ <a rel=\"nofollow\" href=\"mailto:dsullivan@equityny.com\">dsullivan@equityny.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Minnesota United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Networks Data Management Technology Telecommunications Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201201005292\/en\/719799\/3\/CSI_Green.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer MINNETONKA, Minn.&#8211;(BUSINESS WIRE)&#8211; Communications Systems, Inc. (NASDAQ: JCS) (\u201cCSI\u201d or the \u201cCompany\u201d), an IoT intelligent edge products and services company, today announced that it has appointed Anita Kumar as its Chief Executive Officer, effective immediately. Ms. Kumar will also join CSI\u2019s Board of Directors bringing the total number of members to six. As the new CEO, she succeeds Roger Lacey who will continue to serve as Executive Chairman of CSI\u2019s Board of Directors. Ms. Kumar joined CSI in 2011 and was promoted to General Manager of Transition Networks in 2019, where she led business operations and oversaw the Electronics &amp; Software assets of CSI. Prior to joining CSI, she held &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/communications-systems-inc-appoints-anita-kumar-as-chief-executive-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390770","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/communications-systems-inc-appoints-anita-kumar-as-chief-executive-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer MINNETONKA, Minn.&#8211;(BUSINESS WIRE)&#8211; Communications Systems, Inc. (NASDAQ: JCS) (\u201cCSI\u201d or the \u201cCompany\u201d), an IoT intelligent edge products and services company, today announced that it has appointed Anita Kumar as its Chief Executive Officer, effective immediately. Ms. Kumar will also join CSI\u2019s Board of Directors bringing the total number of members to six. As the new CEO, she succeeds Roger Lacey who will continue to serve as Executive Chairman of CSI\u2019s Board of Directors. Ms. Kumar joined CSI in 2011 and was promoted to General Manager of Transition Networks in 2019, where she led business operations and oversaw the Electronics &amp; Software assets of CSI. Prior to joining CSI, she held &hellip; Continue reading &quot;Communications Systems, Inc. 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