NAVYA appoints CFO Frank Maccary to its Board of Directors as interim Chairman

– FRANCE, Villeurbanne –  NAVYA (EPA:NAVYA), the leader in the autonomous vehicle market and in smart and shared mobility solutions, today announced its Supervisory Board approved several decisions regarding the changes to the Board of Directors:

• Christophe Sapet has been dismissed from his position as Chairman of the Board of Directors with immediate effect. A recruiting firm has been mandated to identify a successor.
• To replace Mr. Sapet, the Supervisory Board has appointed Frank Maccary, current Chief Financial Officer, to the Board of Directors. He will assume the responsibilities of Chairman of the Board of Directors for a transitional period.

About NAVYA

NAVYA is a leading French name in the autonomous vehicle market and in smart shared mobility solutions. With more than 250 employees in France (Paris and Lyon) and in the United States (Michigan), NAVYA develops, manufactures and commercializes autonomous, driverless, and electric vehicles that combine robotic, digital and driving technologies at the highest level. Since 2015, NAVYA has been the first to market and put into service autonomous mobility solutions. NAVYA has a range of two autonomous vehicles: the AUTONOM® SHUTTLE, launched in September 2015, of which more than 100 had been sold as of 30 September 2018, notably in the United States, France, Germany, Switzerland, Japan and Australia, and the AUTONOM® CAB, unveiled in November 2017 and whose first road tests will start shortly.

Created in 2014 by Christophe Sapet and Robolution Capital (managed by 360 Capital Partners), his reference shareholder, NAVYA’s shareholders also include the Gravitation fund and Paris Region Venture Fund (Région Île-de-France) managed by Cap Decisif Management as well as Valeo and Keolis groups.

For more, visit: www.navya.tech/en