Velodyne Lidar has appointed Theodore ‘Ted’ L. Tewksbury, PhD, as its new chief executive officer, effective November 10, 2021.
Dr Tewksbury is a proven technology executive with more than 30 years of leadership experience across a series of public and private companies. He most recently served as CEO of Eta Compute, a leading provider of ultra-low power AI vision systems.
Prior to Eta Compute, he held several chief executive and board positions at leading high-technology companies, including Entropic Communications and Integrated Device Technology. Dr. Tewksbury is an accomplished engineer, with a PhD in electrical engineering from MIT. He has held a variety of engineering and management positions in his career, including introducing over 180 innovative new product families during his time at Maxim Integrated Products.
“We are pleased to welcome Ted to the Velodyne team,” said Michael Dee, chairman of the Velodyne board of directors. “Ted’s extensive leadership experience in addition to engineering expertise, make him an ideal candidate to lead Velodyne as we continue to lead the lidar industry with the most cutting-edge products and scalable manufacturing capacity. Innovation and execution are our most important priorities and Ted’s direct experience designing and manufacturing leading-edge technologies makes him a natural complement to Velodyne’s world-class technology development and engineering team.
“Velodyne is far and away the market leader, having sold over 15,000 sensors in the last 12 months with the widest product range in the industry. We are confident that under his leadership, Velodyne is poised to continue expanding its global footprint and drive long-term value for all shareholders.”
“I am thrilled to join Velodyne at such an exciting time in its development,” added Dr. Tewksbury. “It is an honor to be part of its world-class management and engineering team. The opportunity set for Velodyne is vast and mass adoption is just around the corner. The Velodyne name is revered in the lidar space and I look forward to advancing the company’s strategy and driving value for all stakeholders for years to come.”