Iteris appoints Dennis Zank to its Board as Independent Director

– USA, CA –  Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that Dennis W. Zank, former COO of Raymond James Financial, Inc. (NYSE: RJF), has been elected to its board of directors.

Before stepping down as COO of Raymond James Financial in September 2018, Mr. Zank was responsible for the firm’s domestic private client group business, as well as many of the firm’s corporate, administrative and sales support departments.

“We are very pleased to have Dennis join Iteris as an independent director,” said Tom Thomas, chairman. “Dennis’s extensive, hands-on operating experience in capital management, allocation of capital, investor relations, and mergers and acquisitions, as well as his commitment to delivering long-term shareholder value, should be highly valuable to our board.”

About Dennis Zank

Mr. Zank has also served in a number of financial and operational management positions at Raymond James & Associates, Inc. and other Raymond James Financial subsidiaries, holding titles such as CEO, president for domestic employee channel private client business, executive vice president of operations and administration, controller, and treasurer. Mr. Zank also served on the board of directors of Raymond James Financial, the Options Clearing Corporation and the National Securities Clearing Corporation.

“Iteris enables safer, more efficient transportation and more sustainable farming with technology solutions that address smart mobility and digital agriculture,” said Mr. Zank. “I am excited to serve on the board of a company that is solving key global challenges to ultimately save lives, feed the world, and make transportation and agriculture more sustainable.”

He earned a Bachelor’s degree in accounting from the University of South Florida and an MBA from the University of Tampa.

About Iteris, Inc.

Iteris is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. We collect, aggregate and analyze data on traffic, roads, weather, water, soil and crops to generate precise informatics that leads to safer transportation and smarter farming. Municipalities, government agencies, crop science companies, farmers and agronomists around the world use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive.

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