Kapsch TrafficCom Announces Change in Its Leadership Structure for the Latin America Region

VIENNA--(BUSINESS WIRE)--With Samuel Kapsch's assignment to the Executive Board as COO (Chief Operating Officer), which requires his return to Austria, as of April 1st Ramiro Virreira takes on the position of Executive Vice President of Kapsch TrafficCom in Latin America.

Ramiro Virreira has a solid track record of more than 20 years in leadership positions in companies such as ABB, GE and Johnson Controls. For the last four years, he has been Vice President for the Southern Region of Latin America (Argentina, Brazil, Chile) at Kapsch TrafficCom, where he has successfully managed the operations in those three countries. His vision and experience will be key to drive Kapsch TrafficCom's sustainable growth in the region.

Samuel Kapsch leaves behind a significant legacy in Latin America, including the expansion of business to more countries in the Region, and the strengthening of a regional structure integrated with the company's global vision. We are grateful for his leadership and contribution during the last three years.

“We are confident that Ramiro Virreira will continue to consolidate our commitment to innovation and operational excellence in Latin America,” says Samuel Kapsch.

This assignment reinforces the strategy of Kapsch TrafficCom to strengthen its presence in the region and respond to dynamic market opportunities.

More information: Press | Kapsch TrafficCom

Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.

With one-stop-shop-solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2023/24 financial year, about 4,000 employees generated revenues of EUR 539 million.

Further information: www.kapsch.net/ktc

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