Intelligent fleet and asset management solutions provider Teletrac Navman has named its current Chief Financial and Operating Officer Ricardo Buranello as the company’s next Chief Executive Officer, effective 1 October 2026.

Mr. Buranello succeeds Alain Samaha, who will continue in the CEO role until 30 September to ensure a seamless transition. Mr. Samaha will remain a member of Teletrac Navman’s Board of Directors and continue supporting the Company’s long-term vision and strategic planning.

Mr. Buranello has more than two decades of international experience across telematics, IoT, and high-growth technology businesses. Having served as Chief Financial and Operating Officer since joining Teletrac Navman, he brings deep financial and operational expertise, a strong strategic orientation, and an intimate knowledge of the business that make him ideally suited to lead the Company into its next chapter. Mr. Buranello previously held leadership roles at Telit Cinterion, Siemens and Totvs.

“This represents an ideal time for Teletrac’s next phase of leadership, and we’re confident that Ricardo is the right person for the job,” said Jonathan Olefson, Chairman of the Board at Teletrac Navman. “Ricardo is a proven, mission-oriented leader who understands our business from the inside out. We look forward to what he and the entire team will accomplish.”

“Alain helped transform Teletrac into a global leader in telematics and fleet management solutions. We are grateful for his vision, passion, and many contributions, and look forward to working with him on the Board,” continued Olefson.

Mr. Samaha stated:

“Leading Teletrac has been one of the great privileges of my professional life. I am proud of what we have done together, and I am equally excited about what lies ahead for Teletrac. Ricardo is the right leader for this moment. His strategic clarity and deep understanding of our business will serve Teletrac, our customers, and our employees well into the future.”

(Picture: Teletrac Navman)