---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-017151"
form_type: "8-K"
ticker: "AIOT"
cik: "0001774170"
company_name: "Powerfleet, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:36:50.274279+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Powerfleet appoints large shareholder Andrew Martin from PCM to board as independent director

## Summary
- Andrew Martin, partner at Private Capital Management (PCM), elected to Powerfleet board effective April 29, 2024.
- Martin is a significant shareholder; PCM is one of Powerfleet's largest shareholders.
- He brings experience from PCM, H.I.G. Capital, Polen Capital, and Credit Suisse.
- CEO Steve Towe cites Martin's understanding of Powerfleet's evolution and value creation.
- Appointment comes weeks after Powerfleet's business combination with MiX Telematics.

## SEC filing metadata
- accession: 0001493152-24-017151
- form_type: 8-K
- ticker: AIOT
- cik: 0001774170
- company_name: Powerfleet, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1774170/000149315224017151/0001493152-24-017151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1774170/000149315224017151/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-017151
- JSON: https://secwatch.observer/filing/0001493152-24-017151.json
- Plain text: https://secwatch.observer/filing/0001493152-24-017151.txt

## Key facts
- Executive change
  Andrew Martin was elected as Director at Powerfleet, Inc..
  - Action: elected
  - Role: Director
  source text: On April 29, 2024, Andrew Martin was elected to the Board of Directors (the “Board”) of Powerfleet, Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1774170/000149315224017151/0001493152-24-017151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.