Cipia’s board of directors selects Yehuda Holtzman to lead Cipia’s growth amid the big surge in demand for in-cabin sensing solutions
TEL AVIV, Israel, Might 8, 2022 /PRNewswire/ — Cipia (TASE: CPIA), a laptop vision AI in-cabin automotive options provider, right now announced Yehuda Holtzman as its new CEO. The Board of Administrators selected a seasoned entrepreneur and CEO with wealthy expertise in each non-public and public tech corporations, to exchange retiring, outgoing CEO David Tolub, who led Cipia through its shift to the automotive current market as very well as the firm’s the latest IPO.
Holtzman delivers over 25 yrs of business enterprise, technological and managerial knowledge as a CEO of know-how and communications corporations to direct Cipia. In his most latest part, Holtzman served as CEO of On Monitor Innovations Ltd. (OTI), a international company of in close proximity to discipline conversation (NFC) and cashless payment methods. In prior many years he served as CEO of Mobilogy, overseeing its sale to the American ESW Cash fund.
An skilled entrepreneur Holtzman was also a co-founder of the program firm ExploreGate, where he served as CEO from 2012 to 2016, as properly as co-founder of MobileAccess, the place he served as President of the business through its acquisition by Corning Incorporated In 2011.
Holtzman has a master’s diploma in management from Ben-Gurion University and a bachelor’s diploma in electronics engineering from the University of Brighton in England. He will get over for David Tolub, who has served as CEO of the corporation more than the previous a few several years, and declared his retirement last thirty day period. Tolub effectively navigated Cipia by way of significant organization milestones, like the shift to the in-cabin automotive marketplace, speedily turning out to be one of the primary suppliers in the industry globally, as well as its IPO on the Tel Aviv Stock Trade final November.
“On behalf of the board of directors and the entire Cipia household, I would like to thank David for his great management over the earlier 3 years, and I congratulate Yehuda on signing up for the corporation as its new CEO,” reported Professor Eli Talmor, Executive Director of the Cipia’s Board. “Yehuda provides with him tested experience and profitable management of organizations in the fields of wireless technological innovation and automotive fleets. I think that the mix of his enterprise, money and technological working experience, will enormously lead to the realization of Cipia’s vision and system, and go on to posture and mature the corporation as a leading global player in the auto-tech current market in the coming decades.”
“I am enthusiastic to join Cipia as the business enters this kind of a very important time in the driver monitoring industry,” stated Yehuda Holtzman, CEO of Cipia. “It truly is a excellent privilege for me to be a associate in satisfying Cipia’s vision to fight the risks of our driving working experience and finally help you save lives. I believe that the Cipia team and technologies are environment class and have the potential to turn into the world wide leaders for DMS in the automotive market. I search forward to contributing my working experience to its continued success, in fruitful collaboration with the company’s board, administration and personnel.”
“It has been a privilege to guide Cipia around the past amount of several years,” mentioned David Tolub, outgoing CEO of Cipia. “I’m really proud of all of our achievements and how in three small decades we have grown the corporation into a leader in the in-cabin sensing market, on par with lengthy-standing worldwide firms. I congratulate Yehuda Holtzman on his appointment, and believe that he is a initially-rate choice with the expertise to lead Cipia as it expands its operations into critical international marketplaces.”
Cipia is a foremost company of intelligent sensing alternatives that use edge-based mostly computer eyesight and AI for safer and improved mobility encounters. The enterprise focuses on the automotive in-cabin atmosphere, giving Driver Sense – driver monitoring program, Cabin Feeling – occupancy checking methods and Cipia-FS10 – a driver monitoring and video telematics gadget for fleets. More than a 10 years of investigate and advancement stands at the rear of the company’s proprietary marketplace-major pc vision technological know-how. Cipia is regularly pushing the boundaries of what clever sensing remedies can see and execute, for better and safer mobility, and its alternatives are by now on the highway in commercial and private cars types right now.
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