DeAngelis steps down at IQinvision

 - 
09/14/2011

IQinvision officials have confirmed—in a press realease—that long-time president and CEO, Pete DeAngelis, has stepped down. DeAngelis will remain on the board, and a board of directors' member, Gary Sutton, will take over while they find a new CEO.

Here's the official stuff with prepared remarks:

“Pete has been here from the very beginning,” said IQinVision CFO Charles Chestnutt, “he was the driving force taking us from nothing to positioning us as a leader in the Megapixel IP camera space. Pete is a real entrepreneur and he understands that new technology and leadership is needed to take the company into its next growth phase. We are grateful that he will continue to provide key strategic counsel as we launch this next phase in IQinVision’s evolution and growth.”

Along with Paul Bodell, Rob Ledenko, and other top IQinVision executives, Pete will be in attendance at the upcoming ASIS International tradeshow in Orlando, 19-21 September, where the company will be highlighting recent product and major new installation news at booth #1533.