09:05 AM EDT, 08/12/2026 (MT Newswires) -- PowerFleet ( AIOT ) said Tuesday that Paul Lalljie has been appointed president and chief financial officer, starting Aug. 11, succeeding David Wilson, whose employment ended Aug. 10.

Lalljie currently serves as an independent director and audit committee chair at Twenty One Capital ( XXI ) and had previously served as CFO and CEO of 2U.

Lalljie will receive an annual base salary of $475,000 and is eligible for a bonus of up to 85% of base salary, PowerFleet ( AIOT ) said. He will also receive a $100,000 sign-on bonus and equity awards totaling 450,000 units, it added.

Wilson will receive about $224,460 in severance and prorated bonus payments of $121,731.65, along with COBRA benefits, it said. He will also provide consulting services to Powerfleet ( AIOT ) for an initial 90 days at $37,410 per month, PowerFleet ( AIOT ) added.