Digi International Welcomes New Executive Leaders to Board

Digi International Announces Board of Directors Changes

Digi International (NASDAQ: DGII) is excited to announce the nomination of two accomplished executives, Valerie Heusinkveld and Allison West Hughes, to its Board of Directors. This significant change comes as the company works toward its mission of becoming a leader in the Internet of Things (IoT) connectivity products and services sector.

Valerie Heusinkveld: A Strong Financial Background

Valerie Heusinkveld previously served as Chief Financial Officer at Cradlepoint, Inc. from 2012 until her retirement in 2021. Her extensive experience in the high-tech industry encompasses both financial and operational management, making her a valuable asset to Digi International's Board. Heusinkveld's knowledge in areas such as finance, operations, and mergers and acquisitions will contribute significantly to the company’s strategy moving forward.

Experience and Expertise

During her time at Purcell Systems, Heusinkveld further honed her skills in financial oversight and strategic leadership. These experiences will support Digi’s ongoing efforts to enhance its services and solutions that focus on annual recurring revenue (ARR), ensuring robust growth in the IoT space.

Allison West Hughes: A Leader in Digital Innovation

Joining her, Allison West Hughes has been serving as Corporate Vice President at Microsoft since July 2022, where she has impacted digital acquisition initiatives considerably. Hughes will bring her extensive understanding of the technology sector, along with her expertise in sales and marketing, to Digi's Board.

The Contribution of Hughes

Prior to her current position, Hughes held multiple roles at ServiceNow, where she enhanced her capabilities in driving market strategy for cloud-based services. Her insight into customer relationships and subscription-based offerings will be invaluable as Digi continues its journey to expand its portfolio and deliver compelling IoT solutions.

Thanking a Valued Board Member

The upcoming annual meeting will also mark the retirement of Sally Smith from the Board. Smith has been an integral part of Digi since 2018, contributing significantly to the company's growth and strategic direction. The leadership at Digi expresses immense gratitude for her service and impact during her tenure.

A Smooth Transition

As Digi prepares for this transition, company leaders emphasize their optimism about the future. Satbir Khanuja, Non-executive Chairman of the Board, highlighted the importance of having executives with extensive backgrounds in technology and finance to guide the company as it continues to innovate and pursue its strategic goals.

Future Plans at Digi International

With these new nominations, Digi International reinforces its commitment to advancing IoT technology and enhancing its customer-centric approach. As the company steadily expands its global footprint, it is well-positioned to adapt and thrive in a rapidly evolving market landscape.

Growing Commitment to Excellence

The addition of Heusinkveld and Hughes aligns perfectly with Digi's vision for the future, emphasizing innovation and an unwavering dedication to providing high-quality solutions. Their diverse skill sets are expected to elevate Digi's strategic initiatives and operational excellence.

Frequently Asked Questions

1. Who are the new nominees for Digi International's Board of Directors?

The new nominees are Valerie Heusinkveld and Allison West Hughes, both accomplished leaders in the technology sector.

2. What roles did the new nominees previously hold?

Valerie was the CFO of Cradlepoint, and Allison serves as Corporate VP at Microsoft.

3. What is Sally Smith's contribution to the Board?

Sally Smith has been a vital Board member since 2018, playing an important role in the company’s strategic growth.

4. What is Digi International focused on moving forward?

Digi International aims to strengthen its leadership in IoT connectivity and enhance its customer-focused solutions.

5. How does the company ensure ongoing innovation?

By nominating executives with extensive high-tech experience, Digi International emphasizes its commitment to innovation and operational excellence.

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