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

  • Schneider Electric to acquire Telvent for $2 billion
    January 27, 2012
    Schneider Electric has signed a definitive agreement with Telvent GIT to make a cash tender offer for all of Telvent's shares at a price of $40 per share, which represents a premium of 36% to Telvent's average share price over the last 3 months.
    Read More
  • BMW Group, Intel and Mobileye Team Up on fully autonomous driving
    July 4, 2016
    BMW Group, Intel and Mobileye are collaborating to bring solutions for highly and fully automated driving into series production by 2021. The BMW iNEXT model will be the foundation for BMW Group’s autonomous driving strategy and set the basis for fleets of fully autonomous vehicles, not only on highways but also in urban environments for the purpose of automated ridesharing solutions. The three partners are committed to working towards an industry standard and defining an open platform for autonomous
    Read More
  • Daktronics adds strength to global operations
    August 26, 2014
    A talking point on the Daktronics booth at the ITS World Congress Detroit will be the implications of the company’s recently announced agreement to purchase Data Display, a transportation focused display company. Data Display has manufacturing and engineering capabilities in Ireland and has served customers across the European Union and United States. With a focus in the mass transit industry for more than 30 years, Data Display specialises in providing electronic displays for real-time passenger informati
    Read More
  • IBTTA names 2016 president
    January 6, 2016
    The International Bridge, Tunnel and Turnpike Association (IBTTA) has elected Earl J. (Buddy) Croft III as its 2016 president. Croft was elected president for a one year term by the IBTTA’s international membership at its 2015 Annual Meeting in September. Croft is currently the Executive Director of the Rhode Island Turnpike and Bridge Authority (RITBA) in Jamestown, Rhode Island. Since 2006, Croft has led a state-wide team responsible for finance, operations and maintenance of Rhode Island’s four larg
    Read More

Highlighted Content