Zebra Technologies CEO Anders Gustafsson to step down – Chicago Business Journal – The Business Journals
Anders Gustafsson will step down after 15 years as chief executive of Zebra Technologies Corp. and become executive chair of the board, effective March 31.
The Lincolnshire, Illinois-based software company said it named Chief Product and Solutions Officer Bill Burns as its next CEO and board member.
“This leadership transition is the successful culmination of the board of directors’ multi-year succession planning process,” said board Chair Michael Smith in a statement.
As part of these leadership changes, Smith will become Zebra’s lead independent director.
Burns has more than 30 years of experience in the technology sector and served as CEO at two other companies prior to joining Zebra (Nasdaq: ZBRA). The company said Burns has been an integral part of Zebra’s executive leadership for the past seven years and has served in his current role at Zebra for nearly five years.
During this time, Zebra said Burns has extended the company’s market share leadership and profitability across its core businesses while entering adjacent and expansion markets, delivered on the company’s Enterprise Asset Intelligence vision, and strengthened Zebra’s strategic relationships with its customers and partners.
“The need to digitize operations remains a strategic focus for our customers globally. Now more than ever, our customers need our solutions to improve workflows across their broader supply chains,” said Gustafsson. “Bill is the right leader to continue to advance our vision and further elevate Zebra as a trusted advisor to our customers and partners in our vibrant core as well as our high-growth adjacent and expansion markets.”
Gustafsson is only the second Zebra CEO in its more than 50-year history.
“Anders has created a strong, inclusive culture based on our company values,” said Burns. “I am committed to building on this momentum to attract, develop and retain the best talent globally.”
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