AKRON, Ohio, July 8, 2025 /PRNewswire/ — Ezurio, a global leader in connectivity, today announces the appointment of Mark Pugerude as Chief Executive Officer (CEO), effective immediately. Pugerude succeeds Bill Steinike, who has led the company with distinction and dedication in recent years and will continue with Ezurio in an advisory role.
Pugerude brings a distinguished track record of leadership across the telecommunications, networking, and embedded technology sectors plus more than two decades of executive experience leading growth initiatives and driving operational excellence. He has held senior leadership roles at Ericsson, Cradlepoint and GENBAND, where he successfully led business expansion, strategic partnerships, and product innovation at scale.
“Ezurio has a proud legacy of delivering cutting-edge wireless solutions and computer modules that power innovation across industries,” said Mark Pugerude. “I am honored to join a company with such a strong foundation of engineering expertise and customer trust. I look forward to working with our talented global team to shape the next chapter of growth and deliver greater value to our customers and partners.”
As CEO of Ezurio, Mark will seek to advance the company’s position as a leader in embedded wireless, edge connectivity, and IoT solutions. Under Pugerude’s leadership, Ezurio aims to strengthen its position in medical, industrial, and commercial wireless connectivity and IoT markets by expanding strategic partnerships, and deepening customer engagement globally.
“Mark is a visionary leader with deep industry knowledge and a strong track record of delivering results,” said Don Bramley, a Partner at Audax Private Equity, which invested in Ezurio in 2022.
“The appointment reflects Ezurio’s continued focus on leadership, innovation, and customer success,” added Andrew Oliver, a Managing Director at Audax. “We are excited to support Mark and the Ezurio team as they continue to lead in embedded computing and wireless connectivity.”
Ezurio remains committed to its mission of simplifying connectivity and empowering customers to bring secure, compliant, high-performance products to market faster. With Pugerude on board, the company is well-positioned to lead the next wave of innovation in connected technologies.
About Ezurio
Ezurio turns design possibility into reality with a comprehensive range of RF modules, system-on-modules, single board computers, internal antennas, IoT devices, and custom solutions. With decades of engineering expertise, Ezurio provides solutions that reduce development costs and time to market. Our global reach and unmatched support are backed by a resilient global supply chain that gives our customers the stability to overcome every design challenge with confidence. Turn design possibility into reality with Ezurio, your connectivity expert.
To learn more about Ezurio, visit www.ezurio.com
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About Audax Private Equity
Headquartered in Boston, with offices in San Francisco, New York, London and Hong Kong, Audax Private Equity manages three strategies: its Flagship and Origins private equity strategies, seeking control buyouts in the core middle and lower middle markets, respectively, and its Strategic Capital strategy that provides customized equity solutions to PE-backed portfolio companies to help drive continued growth. With approximately $19 billion of assets under management as of March 2025, over 290 employees, and 100-plus investment professionals, Audax has invested in 175 platforms and more than 1,400 add-on acquisitions since its founding in 1999. Through our disciplined Buy & Build approach, across six core industry verticals, Audax seeks to help portfolio companies execute organic and inorganic growth initiatives with the aim of fueling revenue expansion, optimizing operations, and significantly increasing equity value. For more information, visit www.audaxprivateequity.com or follow us on LinkedIn.
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SOURCE Ezurio