October 24, 2016 10:43 PM ET

Communications Equipment

Company Overview of TESSCO Technologies Inc.

Company Overview

TESSCO Technologies Incorporated architects and delivers products and value chain solutions to support wireless systems in the United States. It provides base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems; and connector installation, custom jumper assembly, site kitting, and logistics integration services. The company also offers network systems, such as fixed and mobile broadband radio equipment, wireless networking filtering and di...

11126 McCormick Road

Hunt Valley, MD 21031

United States

Founded in 1982

786 Employees





Key Executives for TESSCO Technologies Inc.

Founder, Executive Chairman and Member of Risk & Strategy Committee
Age: 72
Total Annual Compensation: $700.0K
Chief Financial Officer, Senior Vice President and Corporate Secretary
Age: 45
Total Annual Compensation: $275.0K
Senior Vice President of Performance Systems & Operations
Age: 56
Total Annual Compensation: $345.0K
Senior Vice President
Age: 46
Total Annual Compensation: $264.8K
Compensation as of Fiscal Year 2016.

TESSCO Technologies Inc. Key Developments

TESSCO Technologies Incorporated Announces Resignation of Steven K. Tom as Senior Vice President, Analytics, Innovation and Learning, Effective from October 14, 2016

On September 30, 2016, Steven K. Tom, who joined TESSCO Technologies Incorporated in 2011 and who has most recently served as Senior Vice President, Analytics, Innovation and Learning, tendered his resignation, to pursue new professional opportunities. Mr. Tom's last day of employment will be October 14, 2016.

TESSCO Technologies Inc. Announces Executive Changes

TESSCO Technologies Inc. announced that its Board of Directors has appointed Murray Wright as President and Chief Executive Officer. Wright was also elected to TESSCO’s Board of Directors. Robert B. Barnhill, Jr. will assume the role of Executive Chairman and will continue to serve as the Chairman of TESSCO’s Board. Murray Wright was most recently CEO & President of Zones Inc. Prior to Zones Inc., Mr. Wright was President, The Americas for Tech Data. Mr. Wright has served as President of Lenovo Canada Inc. Mr. Wright has also served as General Manager and Vice President of Americas Sales for Ingram Micro Canada.

TESSCO Technologies Inc. Declares a Quarterly Cash Dividend, Payable on August 17, 2016

TESSCO Technologies Inc.’s Board of Directors declared a quarterly cash dividend of $0.20 per common share payable on August 17, 2016 to holders of record on August 3, 2016.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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