Business
One Stop Systems Announces Appointment of Aerospace and Defense Veteran Michael Knowles as President and Chief Executive Officer
ESCONDIDO, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable compute and storage solutions at the
About this update from One Stop Systems, Inc.
[{"type":"text","content":"ESCONDIDO, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable compute and storage solutions at the edge, today announced that Michael Knowles has been appointed as its new President and CEO, effective June 5, 2023. Knowles has held executive leadership positions at several defense contractors, including Cubic Corporation, Rockwell Collins, Lockheed Martin, and Curtiss Wright Defense Solutions. Over his career he has effectively developed and launched market-changing technologies and products in both defense and commercial markets. As President and GM of Cubic Corporation’s Mission and Performance Solutions business, Knowles led a $700 million global business unit with 2,000 employees. He directed the development and implementation of strategies and organizational transformations that drove significant increases in sales and margin percentage, and achieved year-over-year growth in bookings, sales, and EBITDA. His hardware, software and solutions portfolios included rugged networking/computing at the edge, secure and expeditionary communications, intelligence processing, assessment distribution from enterprise-to-edge, high frequency/low SWAP (size, weight, and power) RF components for electronic warfare, space, 5G applications, and LVC (live, virtual, and constructive) multi-domain training systems. Knowles has more than 30 years of leadership experience in global aerospace and defense markets, having led successful business captures resulting in billion-dollar program and product portfolios. Leveraging 20 years of military experience and 20+ years as a senior executive in business operations, program management, business capture, and product development, Knowles is a recognized and inspiring leader whose teams have exceeded financial and customer expectations, resulting in successful global businesses with enviable consistent growth and shareholder value. “Management and the Board of OSS have been working on a refined defense-focused strategic plan to spur growth, enhance margins, and deliver greater shareholder value,” remarked Ken Potashner, OSS Board Chairman. “Bringing on Michael to lead the team is the culmination of this planning, which we believe will enable us to accelerate and scale our defense sector opportunities. We believe that Michael’s extensive defense expe...