PCTEL, Inc. (NASDAQ: PCTI), a leader in simplifying wireless and site solutions for private and public networks, announced today that the Board of Directors promoted John Schoen, PCTEL’s current and long-time CFO, to Senior Vice President and CFO. Schoen has served as the company’s CFO since November 2001 and has been part of the core executive team that navigated PCTEL’s transition from an analog modem company to a diverse, wireless equipment and services operation.
“John joined the company less than a month after the Board asked me to build a new leadership team and to change the company’s trajectory,” said Marty Singer, PCTEL’s Chairman and CEO. “John has been my key advisor in understanding the financial profiles of our various businesses and has consistently provided the framework for making difficult decisions. He has also been vital to managing through difficult situations. He is a great asset to PCTEL and to me, and his promotion and recognition are well-deserved,” added Singer.
Schoen began his career in public accounting at Ernst and Young before spending nearly 20 years at Motorola, where he held both financial and operational positions. He served as Safco Technology’s CFO and maintained those responsibilities after Agilent’s acquisition of Safco. John has been involved in 16 M&A transactions while serving as PCTEL’s CFO. Schoen is a graduate of DePaul University.
About PCTELPCTEL, Inc. (NASDAQ: PCTI), develops antenna, scanning receiver, and engineered site solutions and services for public and private networks. PCTEL RF Solutions specializes in the design, optimization, and testing of today's wireless communication networks. The company's SeeGull® scanning receivers, SeeHawk® visualization tool, and Clarify® system measure and analyze wireless signals for efficient cellular network planning, deployment, and optimization. PCTEL develops and supports scanning receivers for LTE, TD-LTE, EV-DO, CDMA, WCDMA, TD-SCDMA, GSM, and WiMAX networks. PCTEL Connected Solutions™ simplifies network deployment for wireless, data, and communications applications for private network, public safety, and government customers. PCTEL Connected Solutions develops and delivers high-value Yagi, land mobile radio, WiFi, GPS, in-tunnel, subway, and broadband antennas (parabolic and flat panel) through its MAXRAD®, Bluewave™ and Wi-Sys™ product lines. PCTEL also designs specialized towers, enclosures, fiber optic panels, and fiber jumper cables to deliver custom engineered site solutions. The company's vertical markets include SCADA, health care, smart grid, positive train control, precision agriculture, indoor wireless, telemetry, offloading, and wireless backhaul. PCTEL's products are sold worldwide through direct and indirect channels. For more information, please visit the company's web sites www.pctel.com, www.antenna.com, or rfsolutions.pctel.com.
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