Teletrac Navman has appointed Ricardo Buranello as its next chief executive officer, effective 1 October 2026.

Ricardo Buranello, chief executive officer designate at Teletrac Navman

Buranello, who currently serves as the company’s chief financial and operating officer, will succeed Alain Samaha.

To ensure a seamless transition, Samaha will remain in the CEO role until 30 September 2026. Following the transition, he will continue to support the company’s long-term strategy as a member of the board of directors.

Buranello brings over 20 years of international experience in telematics, the Internet of Things (IoT) and high-growth technology sectors. Prior to his tenure as CFO and COO at Teletrac Navman, he held executive roles at prominent technology and automation firms including Telit Cinterion, Siemens and Totvs.

Under his leadership, Teletrac Navman plans to focus heavily on advancing its cloud-based, AI-powered connected mobility platform while maintaining its core commitment to customer satisfaction and operational stability.

“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-orientated leader who understands our business from the inside out. We look forward to what he and the entire team will accomplish.”

Olefson continued: “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.”

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.”

Buranello added: “Our customers, employees and partners can count on the same dedication to innovation, excellence and delivering meaningful results that has been at the core of Teletrac since the beginning.”