Velociti names Powell CEO

Velociti Inc., a global provider of enterprise technology solutions, today announced that Deryk Powell has been named Chief Executive Officer succeeding Michael Kahn, effective from May 1, 2024. Michael Kahn will continue in the role of Executive Chairman. Tim Kats, Executive Vice President and General Manager, will now assume the role of Chief Operating Officer and Jim West is promoted to Chief Information Officer.

“Deryk has been a critical driving force behind Velociti’s dramatic growth and strategic success,” Michael Kahn said. “During his tenure as President he has demonstrated his talent for leading a collaborative management team and a client centered enterprise. I am confident that led by Deryk, Tim, Jim and their senior management team, Velociti is poised for continued rapid growth.”

Powell began his career at Velociti, then known as Central States Special Products, in September 1994 as VP Sales. From 1995 to 2004 he served as the company’s General Manager. Powell was named COO in January 2004 and added the role of President in February 2013.

“I am honored to have been chosen to lead Velociti as CEO and filled with gratitude for the accomplishments of our incredible team, the remarkable support of our customers and partners, and Michael’s insightful mentorship,” Powell said. “Collectively, these people have allowed us to build a business over the past 30 years that I am eager to continue growing in the future.”