Innoviz has appointed Tali Chen as Chief Business Officer (CBO), effective immediately. Chen will oversee the company’s business development activities, establish sales targets and KPIs, and implement, report on and review strategic sales and marketing plans. Chen replaces Oren Rosenzweig, who is stepping down as CBO and board of directors, effective immediately, to pursue new opportunities. Rosenzweig will continue to play an active advisory role until summer 2022 to ensure a smooth transition.
Chen most recently served as CBO for DSP Group, a global leader in wireless communications for smart devices. In this role, she managed global sales, marketing, investor relations and business growth operations. Chen has also led strategic relationships and partnerships with Fortune 100 & 500 companies and led complex multi-million dollar sales cycles encompassing preliminary discussions, contract negotiations, deal closing and development. of a partnership roadmap. Prior to his tenure at DSP Group, Chen held corporate development positions for RADA Electronics, a global company that develops, manufactures and markets advanced military systems.
The Company also announced that it had appointed Scott Craig and Brijesh Shukla as National Directors of the United States and Japan, respectively. Craig brings decades of experience in the semiconductor and automotive industries, previously serving as executive director of automotive strategy and OEM business development at onsemi, where he was responsible for OEM business development at Ford Motor. Company worldwide, Stellantis and Argo – worldwide. Craig will be responsible for sales and business development of Innoviz LiDAR products and associated software across all industry verticals in North America. Shukla, who has twenty years of experience in customer-facing roles for companies including Nissan, Honda, Toyota and Mitsubishi, will represent and manage Innoviz’s growing business in Japan.
CEO and co-founder of Innoviz Omer Keilaf said: “We are delighted with our new appointments as we continue to grow our automotive business and begin to enter the non-automotive industry in parallel. Tali brings a wealth of expertise essential to our growth strategy, including an impressive track record. pipeline and revenue creation through expanding market share. She will be a major asset to our business as we seek to monetize our best products and drive sales. Likewise, the appointment of Scott and Brijesh is the next logical step to capitalize on our growth opportunities following the growth of Innoviz multi-year, multi-billion dollar appointment with a global automaker. company as we aim to innovate.
Chen commented, “I am delighted to join Innoviz. The company is, in my opinion, an important player in the field of LiDAR, and its recent landmark appointment is another testament to its leadership. With Innoviz’s advanced technology and breadth of partnerships, the Company has many potential avenues to generate revenue. I look forward to building on this foundation and reaching even greater heights.
Keilaf continued, “We are grateful for Oren’s major contribution in co-founding Innoviz and helping lead it to where it is today. Oren has played an important role in the commercial success of Innoviz and in shaping our position in the market. I wish Oren continued success in his future endeavours. »
Oren Rosenzweig commented, “Co-founding Innoviz over six years ago and leading business development, sales and product activities since then has been among the most rewarding experiences of my life. I am grateful to have the opportunity to be part of this journey. We have grown Innoviz from an idea into one of the key players in the emerging self-driving industry. At this point in the life of the company and mine, it’s a good time to hand over responsibilities to a group of extremely talented people. . I will be supporting Tali and the management team to ensure a successful transition and wish the incredible team at Innoviz continued success.”
About Tali Chen
Tali Chen previously held the position of Chief Business Officer at PSD Group. Prior to this role, she served as Director of Marketing, where she managed the IoT line of business, business development in Europe, sales and marketing, operations in the United States and corporate management, and prior to that, served as PVC of business development. before joining PSD Group, Tali was director of business development at RADA Electronic Industries, a major in the Israel Defense Forces and the founding director of the “Atidim for Industry”. Tali holds a LLB in law and government with honors from the Interdisciplinary Center (IDC) of Herzlia and an MBA from Technion Israel Institute of Technology.
On Scott Craig
Scott Craig previously served as Executive Director of Automotive Strategy and OEM Business Development at onsemi, where he was responsible for the company’s automotive strategy and OEM business development. During his tenure, he led the regional and global teams, contributing to double-digit growth in the Americas. before joining onsemihe held the position of Global Account Executive at Infineon, where he was responsible for the business development of Ford Motor Company worldwide, leading the promotion of innovation and collaboration between the two organizations. Craig holds a bachelor’s degree in physics from Kalamazoo Collegea bachelor’s degree in electrical engineering from Wayne State Universityand is working on a Master of Divinity degree from Fuller Seminary.
On Brijesh Shukla
Brijesh Shukla previously held the position of Project & Program Manager at Valeo Automotive (comfort and driving assistance system). He has a background in engineering and business, with most of his career involved in the techno-commercial side, working with Japanese automotive OEM accounts. For the past two decades, he has been actively involved in the technology industry. He has extensive knowledge of various ADAS products including LiDAR. before joining Valeo Japanhe worked in mainland Japan, and in Denso Japan. Brijesh holds a bachelor’s degree in mathematics and physics, a master’s degree in computer application and an MBA in operations management.
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world’s roads. Innoviz’s LiDAR and perception software “sees” better than a human driver and reduces the risk of error, meeting the automotive industry’s highest expectations for performance and safety. Operating across the United States, Europeand Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com.
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This announcement contains certain forward-looking statements within the meaning of federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technology capability of Innoviz’s products, the markets in which Innoviz operates, the forward-looking backlog of ‘Innoviz and projected future outcomes. These forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity “, “plan,” “may,” “should,” “will,” “would,” “will,” “continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. “Forward-looking backlog” represents the expected cumulative future sales of hardware and perception based on current estimates of project-related volumes and prices. Many factors could cause actual future events and, in the case of our prospective order backlog, actual orders, to differ materially from forward-looking statements contained in this announcement, including, but not limited to, the ability to implement business plans, forecasts and other expectations, the ability to convert won designs into final orders and the magnitude of such orders, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz’s Annual Report on Form 20-F filed with the SEC on March 30, 2022 and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Innoviz undertakes no obligation and does not intend to update or revise such forward-looking statements, whether as a result of new information, future events or otherwise. Innoviz does not guarantee that it will meet its expectations.
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