Board of Directors

Michael Brodsky


Mr. Brodsky has served as Executive Chairman of Selectica, Inc., publicly traded enterprise software company since December, 2013. Prior to that, he was the Company's Interim Chief Executive Officer, and he has also served as a director of the company since 2010. Mr. Brodsky has also serves as the managing partner of Vajra Asset Management, LLC, an investment management firm. Mr. Brodsky has serves on the boards of several other publicly traded companies. Mr. Brodsky received a Bachelor of Arts degree from Syracuse University, a law degree from Northwestern University School of Law and a Masters in Business Administration from the JL Kellogg Graduate School of Management School of Business at Northwestern University.

Ian Jacobs


Ian was elected as a member of the Board of Directors for MiX in June 2016 and as Chairman of the Board in November 2022. Ian also serves as a member of MiX’s Nominations and Remuneration Committee. Ian graduated from Yeshiva University, New York in 1997. He worked as a research analyst focused on small capitalization companies from 1997 to 2002 at Schroders, Sidoti & Co. and Goldman Sachs & Co. respectively. In 2003, after graduating from Columbia Business School, New York, Ian joined Berkshire Hathaway Inc. where he worked on investment research and other projects as directed by the Chairman/CEO. In 2009, Ian left Berkshire Hathaway Inc. to form 402 Capital LLC, a concentrated value focused manager that invests in businesses with structural competitive advantage.

Andrew Martin


Andrew Martin (51) is a Partner and member of the investment research team at Private Capital Management, LLC (“PCM”).  Mr. Martin joined PCM in 2013 from H.I.G. Capital’s hedge fund unit, where he was a senior research analyst for the firm’s value-oriented long/short equity fund. At H.I.G. Capital, Mr. Martin focused primarily on industrials, business services and special situation investments. Mr. Martin previously was Director of Research at Polen Capital Management, where he helped develop and direct the firm’s research process. Prior to Polen Capital, Mr. Martin worked at Fine Capital Partners, a value focused long/short equity fund and at Sanford C. Bernstein, a leading institutional equity research firm. Earlier in his career, Mr. Martin worked at Credit Suisse First Boston as an investment banker and at the public accounting firm Arthur Andersen, earning a CPA.

Mr. Martin holds an MBA from Columbia Business School. He received his Bachelor of Science in Applied Economics and Business Management from Cornell University.

Mike McConnell


Steve Towe

Chief Executive Officer

With a proven track record of scaling high value, global technology organizations, Towe joins Powerfleet from Aptos, the global leader of unified commerce solutions in the retail enterprise SaaS market, where he successfully served as President and Chief Operating Officer for the past five years.

In prior positions with both publicly traded and private equity backed companies, Towe has gained more than 16 years of strategic leadership experience on the global SaaS IoT stage. Most notably, he served as Chief Commercial Officer of Masternaut, a global telematics provider, where he was instrumental in delivering robust revenue growth and profit expansion during his tenure from 2011 to 2016.

Previously, Towe achieved significant international organic growth alongside market consolidation as Managing Director of the highly acquisitive telemetry data business Cybit. He also held senior executive level positions for the high velocity, fleet management subsidiary of the Trafficmaster Group, Fleetstar Information Systems.