I.D. Systems Names Kenneth Ehrman Chairman And CEO - Quick Facts

(RTTNews) - I.D. Systems Inc. (IDSY), a provider of wireless M2M asset management solutions, announced the election of a new board of directors on June 20, 2014, at its annual meeting of stockholders. Following the meeting, the new board appointed company co-founder and president, Kenneth Ehrman, as chairman of the board and chief executive officer of the company, effective June 20, 2014.

Ehrman has been I.D. Systems' interim CEO since March 2, 2014, and president since he co-founded the company in 1993. Prior to his re-election to the board on June 20, 2014, Ehrman served as a director of the company from its inception to 2013. He also serves as a member of the board of directors of Financial Services, Inc., a privately held provider of data processing solutions for banking.

In addition to Ehrman, I.D. Systems' newly elected board of directors consists of: Kenneth Brakebill, a retired intellectual property and trial lawyer educated at Stanford University, Harvard Law School, and the University of California, Hastings; Michael Brodsky, the executive chairman of Selectica; Ron Konezny, the vice president of global transportation and logistics at Trimble Navigation; Tony Trousset, a founder and the managing member of Atlas Technology Group.