Econolite Group appoints new president and COO

Econolite Group (EGI) has appointed Abbas Mohaddes as president and COO, succeeding David St Amant, who is scheduled to retire at the end of 2016. Mohaddes will work closely with St Amant until December to help ensure a smooth transition of responsibilities. Reporting directly to Econolite Group’s CEO Mike Doyle, Mohaddes will be responsible for the company’s global operations, including the continued development of strategic partnerships. During this transition period, EGI will also begin the process o
August 23, 2016 Read time: 2 mins
6692 Econolite Group (EGI) has appointed Abbas Mohaddes as president and COO, succeeding David St Amant, who is scheduled to retire at the end of 2016.  Mohaddes will work closely with St Amant until December to help ensure a smooth transition of responsibilities. Reporting directly to Econolite Group’s CEO Mike Doyle, Mohaddes will be responsible for the company’s global operations, including the continued development of strategic partnerships.

During this transition period, EGI will also begin the process of acquiring 8235 CAVita, co-founded by Abbas Mohaddes and Dr Peter Sweatman.  CAVita provides world-class advisory services focused on connected and automated vehicle (CAV) technology and business models. The acquisition will further strengthen and expand EGI’s reach into CAV and Smart City programs.

Mohaddes served as CEO of 73 Iteris from 2007 to 2015, where he led the company’s transformation and substantial growth into a software-based information technology organisation through significant organic growth and a successful acquisition strategy. Prior to that, he served as CEO of Meyer Mohaddes Associates.

Detection, Monitoring & Machine Vision UTC

Related Content

  • February 1, 2012
    Sirit to be acquired by Federal Signal
    Leading provider of radio frequency identification (RFID) technology, Sirit, and Federal Signal Corporation have signed a definitive agreement whereby Federal Signal will acquire all of the issued and outstanding common shares of Sirit for cash consideration of CDN$0.30 per share (US$0.29) by way of a court approved plan of arrangement under the Business Corporations Act (Ontario).
    Read More
  • July 27, 2015
    Public transport ITS in Europe ‘a billion-dollar market’
    According to a new research report from analysts Berg Insight, the market value for intelligent transport systems (ITS) deployed in public transport operations in Europe was US$1.1 billion in 2014. Growing at a compound annual growth rate of 7.2 percent, the market is expected to reach US$1.6 billion by 2019. Berg Insight says that the European market for ITS for public transport is in a growth phase which will continue throughout the forecasted period. In most countries, the fluctuating economic climat
    Read More
  • February 17, 2016
    ITS Australia showcases what’s to come in automated vehicle technology
    Drawing more than 200 professionals from intelligent transport systems (ITS) and related disciplines, ITS Australia recently hosted the first in a series of ITS showcase events in Melbourne. Focusing on automated vehicles and cooperative ITS, the event was setting the stage for what’s to come as Melbourne prepares to host the 23rd ITS World Congress later this year. Keynote speakers from USA, UK and Europe shared insights about global technology that is changing the way we use and develop transport techn
    Read More
  • December 3, 2018
    Kirk Steudle nominated to receive IRF Man of the Year award
    Kirk Steudle, former director of the Michigan Department of Transportation (MDoT), has been nominated to receive the IRF Man of the Year award. Established in 1951, IRF's Man (Woman) of the Year award recognises public, private and education sector professionals with an outstanding track record of leadership and commitment to the road transport industry. Abdullah A. Al-Mogbel, chairman, IRF, says: "This accolade crowns an exceptional career and a highly respected voice on innovation in transportation, at
    Read More

Highlighted Content