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Tech & Company & Stock

CES2024, INNOVIZ TECHNOLOGIES

Innoviz to Showcase All-New BMW i7 and Volkswagen ID. Buzz at CES Booth; LiDAR Capabilities Will Be Demonstrated

 
  • Stefan Jacoby brings CEO- and President-level experience from General Motors, Volvo, Volkswagen, and Mitsubishi
  • Alexander von Witzleben brings CEO-level experience from Arbonia AG, Feintool International, and JENOPTIK AG

TEL AVIV, Israel, Jan. 4, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced the expansion of its board of directors with two new members – Stefan Jacoby, former Executive Vice President at General Motors and head of its International Operations, and Alexander von Witzleben, former CEO of Arbonia AG.

 

Stefan Jacoby 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 Executive Vice President and President of General Motors International.  

"Safe and reliable Level 3 autonomous driving requires the use of automotive LiDAR and powerful perception software," said Mr. 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."

Alexander von Witzleben 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 Mr. 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."

With these appointments, Innoviz will have a total of nine directors with a global footprint encompassing Europe, the United States and the Middle East. Biographies of the board members can be found here.

 

 

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.

 

 

https://ir.innoviz.tech/news-events/press-releases/detail/118/innoviz-to-showcase-all-new-bmw-i7-and-volkswagen-id-buzz