Mr. Byrne will serve as a member of the Company's Audit Committee and the Chairman of the Company's Compensation Committee. Following the nomination of Mr. Byrne, the Board will be comprised of 7 directors.
"We are pleased to welcome Patrick J. Byrne to the Board. His deep leadership expertise, combined with his significant technological and operational experience, will prove to be invaluable to Verra Mobility as we continue to grow our business and pursue our important mission of safer cities across the country and around the world," said Jacob Kotzubei, Chairman of the Board.
Mr. Byrne, age 60, currently serves as the Chief Executive Officer of GE Digital, the software division of General Electric Company. He previously served as the Senior Vice President of Fortive Corporation from July 2016 to June 2019, when Danaher Corporation ("Danaher"), where Mr. Byrne previously served as the Chief Technical Officer, completed the separation of its Test Measurement and Industrial Technologies segments.