– ISRAEL, Rosh Haayin – Innoviz Technologies Ltd. (Nasdaq: INVZ), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced the additions of Stefan Jacoby and Alexander von Witzleben to its board of directors, bringing the Board to nine members with a global footprint encompassing Europe, the United States, and the Middle East.
“We are excited to welcome Stefan and Alexander to Innoviz’s Board and to benefit from their contributions as we embark on our next stage of growth. 2023 was a breakthrough year for Innoviz as we transitioned into series production, delivered program expansions, and executed on a record level of activity in our RFI and RFQ pipeline. The diverse skills and experience that Stefan and Alexander bring to Innoviz will be valuable as we strive to become a market leader in automotive LiDAR in 2024 and beyond,” said CEO and Co-Founder Omer Keilaf.
About Stefan Jacoby
Stefan Jacoby is a former EVP at General Motors and head of its International Operations and brings a tremendous amount of experience in the automotive industry. His long tenure includes positions as CEO and President of Mitsubishi Motors Europe, CEO and President of Volkswagen Group of America, Global CEO and President of Volvo Cars, and EVP and President of General Motors International.
“Safe and reliable Level 3 autonomous driving requires the use of automotive LiDAR and powerful perception software,” said Stefan Jacoby. “Innoviz is a technology leader with the potential to capture a meaningful portion of this rapidly growing market, and I am excited to be a part of their journey.”
About Alexander von Witzleben
Alexander von Witzleben is the former CEO of Arbonia AG and has extensive experience in high-volume manufacturing and global operations in automotive, industrial, and consumer end markets. Mr. von Witzleben brings over 20 years of CEO-level experience with Arbonia AG, Feintool International, and JENOPTIK AG.
“Innoviz is in an important transition as it evolves from design and engineering into series production and manufacturing,” said Alexander von Witzleben. “It’s exciting to contribute leadership and guidance to a company that is at such a critical inflection point in its growth trajectory.”
About Innoviz
Innoviz is a global leader in LiDAR technology, serving as a Tier 1 supplier to the world’s leading automotive manufacturers and working towards a future with safe autonomous vehicles on the world’s roads. Innoviz’s LiDAR and perception software “see” better than a human driver and reduce the possibility of error, meeting the automotive industry’s strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases.
SOURCE: https://innoviz.tech/
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