PELCO has announced that current COO Brian McClain will take the role of president while the search for a new CEO is finalized.
Transom Capital Group acquired Pelco in May from Schneider Electric, which purchased the CCTV manufacturer for $US1.54 billion in 2007.
TCG said it had ambitious plans for the company, including leveraging a bold vision to meet the growing demand for solutions-focused products and services across specific market segments.
“Pelco commands a powerful brand in a growing industry and maintains a deep bench of amazingly talented employees,” said McClain.
“Transom Capital Group recognized these factors in its decision to purchase the company, and they will serve as our foundation in becoming the leading solutions provider in the industry.”
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