AEye disloses its new Board of Directors with Carol DiBattiste as Board Chair

– USA, CA –  AEye, Inc. (NASDAQ: LIDR), the global leader in adaptive, high-performance LiDAR solutions, today announced the election of its board of directors with board members :

  • Carol DiBattiste, Board Chair
  • Timothy Dunn,
  • Professor Dr. Bernd Gottschalk,
  • Dr. Karl-Thomas Neumann,
  • Blair LaCorte, CEO AEye,
  • Luis Dussan, founder and CTO AEye
  • Wen Hsieh of Kleiner Perkins.

“AEye continues to attract exceptional talent and valuable public company experience to our executive team and board,” said CEO, Blair LaCorte. “AEye’s groundbreaking adaptive LiDAR system, together with our highly effective partner go-to-market strategy have allowed us to strongly position the company for the next level of growth, and to drive the future of safe autonomy.”

About Carol DiBattiste

Carol DiBattiste joins as board chair. She is an experienced public and private company senior executive, with a background in heavily regulated markets and government agencies. She currently serves as the Chief Legal & Compliance Officer and Corporate Secretary of QOMPLX, and formerly served as chief legal and compliance officer and corporate secretary for NASDAQ-listed Comscore. She has served in senior leadership positions in five publicly traded companies.

In addition, Carol has served in senior leadership positions as Under Secretary of the United States Air Force; Deputy Administrator of the TSA; Executive in Charge/Vice-Chair, Board of Veterans Appeals; and Director of the Executive Office for U.S. Attorneys. She is also Directorship Certified by the National Association of Corporate Directors.

About Timothy J. Dunn

Timothy Dunn joins as chair of the Audit Committee. He is an experienced leader in public company financial management and is currently a senior advisor, and formerly an operating partner, for TPG, a private equity firm in San Francisco. Previously, he was CFO of Hotwire.com, CFO for the Gap Division of Gap, Inc., and held several senior management positions during his 12-year tenure with PepsiCo, Inc. Before PepsiCo, he was with Price Waterhouse & Co., and is a Certified Public Accountant (inactive) in the State of California. Tim has served on private and public company boards, including chair of the audit committee for two TPG portfolio companies – Ellucian and Vertafore.

About Professor Dr. Bernd Gottschalk

Professor Dr. Bernd Gottschalk joins as chair of the Nominating and Corporate Governance Committee. He is an experienced senior executive in the German automotive industry, including 25 years with Daimler AG. He has held numerous executive leadership positions at OEMs, including as an executive board member for Daimler AG, where he was responsible for the commercial vehicles business unit globally. Dr. Gottschalk was also president of Mercedes-Benz of Brazil, president of the German Association of the Automotive Industry, and serves on the Board of Directors of Schaeffler Group, Plastic Omnium, and Jost Werke.

About Dr. Karl-Thomas Neumann

Dr. Karl-Thomas Neumann joins as chair of the Compensation Committee. He is also an experienced and respected leader in the automotive industry. He was CEO of the German automobile manufacturer Opel (formerly GM Europe) from 2013 to 2017 and held multiple positions with Volkswagen AG, including head of research, director of electronics strategy, and CEO of Volkswagen Group China. Neumann was also CEO of the German auto supplier Continental AG, where he was responsible for the automotive systems division and took company-wide responsibility for electric propulsion.

About Blair LaCorte

Blair LaCorte is the CEO of AEye. Before AEye, he served as global president of PRG, the world’s largest live event technology and services company. He was also CEO of XOJET, one of the fastest-growing aviation companies in history. He served as a managing director and operating partner at TPG, a premier private equity firm with over $91B in global investments. LaCorte has held numerous executive and general management positions in private and public technology and investment companies throughout his career, including: VerticalNet, ICGE, Savi Technologies, Autodesk and Sun Microsystems.

About Luis Dussan

Luis Dussan is AEye’s founder and CTO. He is a 20+ year veteran of the aerospace and defense industry. He began his career at NASA working for the Jet Propulsion Lab in the Deep Space Network that communicated with NASA planetary and deep space probes. He then spent the bulk of his career at Lockheed Martin in their Missiles and Fire Control Division working in the Advanced Concepts group and developing state-of-the-art ISR and targeting systems. After Lockheed, Dussan went to Northrop Grumman Laser Systems and took the post of Chief Technologist where he was responsible for managing that division’s Electro-Optical Sensors R&D.

About Wen Hsieh

Wen Hsieh is a partner at Kleiner Perkins and an early investor in AEye. Before joining Kleiner Perkins, Hsieh was an Associate Principal at McKinsey & Company and a leader of McKinsey’s Asia semiconductor practice. During his five years at McKinsey, Hsieh focused primarily on serving leading companies across the global semiconductor value chain. Earlier in his career, he founded OnChip Technologies, a startup developing MEMS microfluidic biochips. OnChip’s target market was high-sensitivity and high-throughput peptide separation and identification applications.

About AEye

AEye is the premier provider of intelligent, next-generation, adaptive LiDAR for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications. AEye’s iDAR (Intelligent Detection and Ranging) system leverages biomimicry and principles from automated targeting applications used by the military to scan the environment, intelligently focusing on what matters most, enabling faster, more accurate, and more reliable perception. iDAR is the only software configurable LiDAR with integrated deterministic artificial intelligence, delivering industry-leading performance in range, resolution, and speed. The company was founded in 2013 and is based in the San Francisco Bay Area.

For more information: https://www.aeye.ai/

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