Names Tali Chen as Chief Business Officer
Appoints Scott Craig as
Country Manager, U.S. and Brijesh
Shukla as Country Manager, Japan
TEL
AVIV, Israel, May 24, 2022
/PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the
"Company" or "Innoviz"), a leading provider of high-performance
LiDAR sensors and perception software, today announced a series of
management team appointments to bolster its sales leadership
experience and support its continued growth.
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 and review strategic sales and marketing plans.
Chen replaces Oren Rosenzweig, who
is stepping down from his CBO and Board roles, effective
immediately, to pursue new opportunities. Rosenzweig will continue
in an active advisory role through summer 2022 to ensure a smooth
transition.
Chen most recently served as CBO for DSP Group, a global leader
in wireless communications for smart-enabled devices. In this role,
she managed global sales, marketing, investor relations and
business growth operations. Chen also spearheaded strategic
relations and partnerships with Fortune 100 & 500 corporations
and led complex, multi-million-dollar sales cycles encompassing
preliminary discussions, contract negotiations, deal closing, and
partnership roadmap development. Prior to her tenure at DSP Group,
Chen served in corporate development roles for RADA Electronics, a
global corporation that develops, manufactures and markets advanced
military systems.
The Company also announced that it has appointed Scott Craig and Brijesh
Shukla as country managers of the U.S. and Japan, respectively. Craig brings decades of
experience in the semiconductor and automotive industries,
previously serving as the 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 in all industry verticals in North America. Shukla, who has twenty years of
experience in direct customer-facing roles for companies such as
Nissan, Honda, Toyota and Mitsubishi, will represent and manage
Innoviz's growing business in Japan.
Innoviz CEO and Co-Founder Omer
Keilaf said, "We are excited about our newest appointments
as we continue to expand our automotive business and begin
penetrating the non-automotive industry in parallel. Tali brings a
breadth of expertise critical to our growth strategy, including an
impressive track record of pipeline and revenue creation through
market share expansion. She will be a great asset to our Company as
we seek to monetize our best-in-class products and drive sales.
Similarly, appointing Scott and Brijesh is the logical next step to
capitalize on our growth opportunities following Innoviz's
multi-year, multi-billion-dollar nomination with a global vehicle
manufacturer. We look forward to benefitting from their vast sales
and business generation experience as we aim to break more new
ground."
Chen commented, "I'm thrilled to be joining Innoviz. The Company
is, in my opinion, a significant player in the LiDAR field, and its
recent milestone nomination is yet another testament to its
leadership. With Innoviz's cutting-edge technology and breadth of
partnerships, the Company has many potential avenues to drive
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 had an important role in Innoviz's commercial success and in
shaping our position in the market. I wish Oren continued success
in his future endeavors."
Oren Rosenzweig commented,
"Co-founding Innoviz over six years ago and leading the Business
Development, Sales and Product activities in the time since have
been some of the most rewarding experiences of my life. I am
grateful for the opportunity to be part of this journey. We took
Innoviz from an idea, to one of the leading players in the emerging
Autonomous Driving industry. At this point in the life of the
company, and in mine, it is the right time to hand over
responsibilities to an extremely talented group of people. I will
support Tali and the leadership team to ensure a successful
transition and I wish the incredible Innoviz team continued
success."
About Tali Chen
Tali Chen previously served as
Chief Business Officer at DSP Group. Prior to this
role, she served as Chief Marketing Officer, where she managed
the IoT business line, European business development,
sales and marketing, US operations and corporate management, and
before that, served as CVP of Corporate Development.
Before joining DSP Group, Tali was Director of
Corporate Development at RADA Electronic Industries, a
Major in the Israeli Defense Forces, and the founding manager of
the "Atidim for Industry" program. Tali holds
an LLB in Law and Government with honors from the
Interdisciplinary Center (IDC) of Herzliya
and an MBA from Technion Israel Institute of
Technology.
About Scott
Craig
Scott
Craig previously served as the Executive Director of
Automotive Strategy & OEM Business Development at
onsemi, where he was responsible for the Company's automotive
strategy and OEM business development. During his tenure, he has
led the regional and global teams, contributing to double digit
growth within the Americas. Prior to joining onsemi,
he served as the Global Account Executive at Infineon,
where he was responsible for business development at Ford Motor
Company worldwide, leading the promotion of innovation and
collaboration between the two organizations. Craig holds a BA
degree in physics from Kalamazoo
College, a BS degree in electrical engineering from
Wayne State University, and is working
on a MA of Divinity from Fuller Seminary.
About Brijesh
Shukla
Brijesh Shukla
previously served as Project & Program Manager at
Valeo Automotive (Comfort and Driving Assistant 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. Over the past two decades,
he has been actively involved in the tech-enabled industry. He has
a deep understanding of various ADAS products, including
LiDAR. Before joining Valeo Japan, he worked in Continental Japan, and
in Denso Japan. Brijesh holds a BS degree
in Mathematics & Physics, a Master's in Computer application
and MBA in operation 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 "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. For more information, visit
innoviz-tech.com.
Join the discussion: Facebook, LinkedIn, YouTube,
Twitter
Media Contact
Media@innoviz-tech.com
Investor Contact
Maya
Lustig
Innoviz Technologies
+972 54 677 8100
Investors@innoviz-tech.com
Forward Looking Statements
This announcement
contains certain forward-looking statements within the meaning of
the federal securities laws, including statements regarding the
services offered by Innoviz, the anticipated technological
capability of Innoviz's products, the markets in which Innoviz
operates, Innoviz's forward-looking order book, and Innoviz's
projected future results. These forward-looking statements
generally are identified by the words "believe," "project,"
"expect," "anticipate," "estimate," "intend," "strategy," "future,"
"opportunity," "plan," "may," "should," "will," "would," "will be,"
"will continue," "will likely result," and similar expressions.
Forward-looking statements are predictions, projections and other
statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks
and uncertainties. "Forward-looking order book" is the cumulative
projected future sales of hardware and perception software based on
current estimates of volumes and pricing relating to a project.
Many factors could cause actual future events, and, in the case of
our forward-looking order book, actual orders, to differ materially
from the forward-looking statements in this announcement, including
but not limited to, the ability to implement business plans,
forecasts, and other expectations, the ability to convert design
wins into definitive 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 put
undue reliance on forward-looking statements, and Innoviz assumes
no obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise. Innoviz gives no assurance that it
will achieve its expectations.
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