Global IoT connectivity pioneer emnify today announced a key executive leadership shift. Current Chief Commercial Officer Kenneth De Spiegeleire becomes Chief Executive Officer with immediate effect. Meanwhile, founder and former Chief Executive Officer Frank Stoecker transitions into the role of Executive Chairman of the Board. emnify aims to accelerate international business expansion through this planned governance transition. Consequently, the company positions itself for sustained long-term leadership across global cellular markets.
Furthermore, outgoing Chairman Lars Singbartl steps down after a decade of service. Singbartl will remain an active Board member moving forward. emnify recently achieved major financial milestones before announcing this strategic restructuring. Specifically, the enterprise surpassed €50 million in annual recurring revenue recently. The firm recorded 30% year-over-year revenue growth while maintaining positive cash flow.
“emnify has never been stronger, and that’s exactly why now is the right time for this transition,” said Frank Stoecker. “Kenneth is a proven operator with global experience and a strong track record across three previous scale-ups. During his tenure at emnify, he accelerated our growth, significantly strengthened our brand recognition, and firmly established our position further upmarket. There is no one better suited to lead emnify into its next phase of growth. I have every confidence that his leadership will ensure a smooth transition while seizing the opportunity ahead.”
Accelerating Enterprise Growth and Market Leadership
Kenneth De Spiegeleire joined emnify in 2024 as Chief Revenue Officer. Later, he assumed the Chief Commercial Officer position in 2025. He actively reshaped the enterprise go-to-market strategy across all regions. Additionally, he expanded the presence of emnify within the competitive enterprise segment.
“I’m honored to lead emnify into its next stage of expansion,” said Kenneth. “As a serial entrepreneur and visionary founder, Frank built emnify into one of the industry’s most innovative and respected companies. His ambition and relentless drive established a winning course, earning emnify recognition as a leading Visionary from top analysts and industry experts. I’m privileged to build on the exceptional foundation he and his co-founders created as we cement our position as a clear market leader. We want to combine category-defining innovation with the highest levels of customer satisfaction in the industry.”
Scaling Global Commercial Operations Across Cloud Ecosystems
Before joining emnify, De Spiegeleire managed commercial divisions at major tech firms. For instance, he held executive roles at Cisco, Vodafone, and Dropbox. He scaled commercial organizations across IoT, cloud, and SaaS platforms successfully.
Therefore, his deep domain expertise supports the global scale-up phase at emnify. The organization continues to deliver advanced cellular IoT solutions to enterprise clients worldwide.
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Source: Businesswire
