Comtech Appoints Peterman as President, CEO
Thursday, August 11, 2022 | Comments

Comtech Telecommunications’ Board of Directors appointed Chairman Ken Peterman president and CEO, succeeding Michael Porcelain effective immediately.

“I am genuinely excited about Comtech’s enormous potential,” Peterman said. “Thanks to our dedicated employees, our mission-critical technology portfolio, and our customer-centric culture, I believe Comtech is uniquely positioned to capitalize on the significant investment, steepening growth trajectories and continual renewal cycles taking place in assured communications, space and satellite networks and next-generation 911 failsafe communications infrastructures. I’d like to thank Mike for his hard work and long-standing dedication to Comtech as well as for the recent groundwork he established to set the stage for the Company’s exciting next chapter. I look forward to engaging more deeply with our employees, customers, partners, and shareholders around the world over the coming weeks.”

Porcelain has also resigned from the board of directors. Porcelain will be available to assist in the transition as needed. He joined the Comtech Board in May after the Board initiated a national search process in January with the goal of deepening the board’s industry experience and strengthening its executive leadership expertise. Peterman’s career spans more than 40 years leading major organizations in the creation of innovative, technology-enabled solutions addressing some of the world’s most challenging customer problems. A recognized thought leader in defense and aerospace, Peterman earned distinguished credentials across multiple technology sectors in both commercial and government markets at companies including Viasat, ITT/Exelis, Collins Aerospace, Raytheon and SpyGlass Group. Most recently, Peterman served as president of the government systems segment of Viasat.

“Based on the Board’s extensive interactions with Ken since the beginning of 2022, we are confident Ken is the right leader to accelerate Comtech’s ongoing transformation,” said Lead Independent Director Lawrence Waldman. “The refreshed board is excited to support Ken as he executes on his strategic vision for the company.”

The company reiterates its financial guidance for the fiscal fourth quarter and full year 2022, as provided in a press release issued on June 9.

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