Christopher Machut, CEO since 2018, will embark on a new venture within the company, leading the development and expansion of the SiteTrax products. This expansion will fill a growing need for intermodal asset tracking using AI-powered visual recognition technology. Chris expressed enthusiasm for his new role stating, “Creating this new division is a thrilling opportunity for Netarus to deliver even greater value to our customers and stakeholders. With Ingo filling this role I am confident about Netarus’ future and excited to focus my energies on this venture.”
“Under Chris’ leadership, Hoistcam has achieved impressive achievements, such as the development of a product line currently found on job sites across six continents, with thousands of installations in operation. Looking ahead, our vision is to broaden HoistCam’s adoption across an array of industries beyond the boundaries of construction alone. We’re determined to make HoistCam the preferred operator aid, to set new benchmarks for job site safety, quality, and efficiency. Our goals are clear: to empower crane operators, improve workflows, and drive productivity gains.” said Ingo
Ingo stated, “It’s been great getting to know the HoistCam team as an advisor, and now I’m excited to step up as CEO. I’m looking forward to building on what Chris has done and working with this talented group to keep moving us forward.”
The board and the entire Netarus team are excited about the future of the company under Ingo’s leadership, as well as the potential of the new division to significantly contribute to the company’s growth.
