Stacy, who is the founder of telematics solutions provider Wunelli, will report to CEO Nick Corrie in his new role.
He joins the firm from LexisNexis Risk Solutions, where he held the roles of research and development director and director of automotive development, EMEA.
Stacy said his immediate focus will be “exploring opportunities in new markets where IMS doesn’t currently have a presence” – adding that he is looking to go beyond the firms “core markets in Europe and North America”, and explore opportunities in China and Australasia.
Nick Corrie, CEO at IMS, said: “Paul is one of the foremost personalities in global telematics, an incredible talent and a superb fit.
“It is great news that he is joining us now particularly as the global marketplace has recently begun to fully recognise the potential for connected solutions – and we are perfectly positioned to take full advantage.”
He added: “He’ll also support our solutions teams to help define future proposition evolution so we can continue to best meet our customers’ and the market’s future requirements.”