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 Urban Traffic Control

For more information on companies in this article

Related Content

  • Geotoll’s payment app could be the smart answer to tolling interoperability
    July 30, 2013
    Jon Masters looks at a smartphone app which could be the ‘disruptive technology’ that eases the way to interoperability in tolling systems. Consumer demand may soon drive the biggest step change yet in tolling. In the United States a new start-up company, Geotoll, has launched a smartphone app for electronic toll payment. It is not beyond possibility that rapid growth of the market for smartphones will continue – an estimated 50% of US citizens and 80% of Europeans now have one – and that the Geotoll brand
    Read More
  • VOXX International completes Hirschmann Car Communication acquisition
    March 22, 2012
    VOXX International Corporation has completed its acquisition of Car Communication Holding GmbH and its worldwide subsidiaries (Hirschmann) for a total purchase price of approximately US$112 million, plus related transaction fees, expenses and working capital adjustments. In 2011, Hirschmann sales were approximately US$199 million, representing a 16% increase over the prior year. Management believes, based on the company's existing pipeline of booked business through 2016 and anticipated global market oppor
    Read More
  • Iteris releases Abacus 2.0
    April 20, 2012
    Iteris has introduced Abacus 2.0, its next generation traffic incident detection and data collection product that provides traffic engineers and departments of transportation a software-based ‘force multiplier’ that leverages existing camera systems to collect real-time traffic data, rapidly identify incidents, and gain enhanced traffic flow information in a ready-to-use graphical user interface (GUI) format.
    Read More
  • One eye on the future
    December 12, 2013
    Mobileye’s Itay Gat discusses the evolution of monocular solutions for assisted and autonomous driving with Jason Barnes. Founded in 1999, Israeli company Mobileye manufactures and supplies advanced driver assistance systems (ADAS) based on its EyeQ family of systems-on-chips for image processing for solutions such as lane sensing, traffic sign recognition, vehicle and pedestrian detection. Its products are used by both the OEM and aftermarket sectors. The company’s visual interpretation algorithms drive
    Read More

Highlighted Content