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

  • Digital identities in Europe could top €1tn by 2020 says BCS
    October 29, 2013
    The economic value of our digital identities is growing fast and could reach 1 trillion euros in Europe by 2020, according to estimates from the Boston Consulting Group. Digital identities boost economic efficiency, help focus research and marketing efforts while spurring the creation of personalized products and services that, in turn, drive revenues. For consumers, the benefits are compelling as products and services are tailored to their needs and requirements, says the report.
    Read More
  • Eberle sold to private equity
    June 15, 2022
    Vance Street Capital continues ITS investment with traffic control systems manufacturer
    Read More
  • LaHood steps down as Transportation Secretary
    January 31, 2013
    US transportation Secretary Ray LaHood has announced that he will not serve a second term in President Obama’s Cabinet. LaHood, one of the few Republicans in Obama’s Cabinet, said he will stay in his position until his successor is confirmed. “It has been an honour and a privilege to lead the department, and I am grateful to President Obama for giving me such an extraordinary opportunity,” LaHood said in a statement to Transpiration employees. “As I look back on the past four years, I am proud of what we h
    Read More
  • Cost Benefit: Utah traffic light scheme pays dividends
    March 15, 2019
    A traffic signal control scheme in Utah is being taken up by other US authorities. David Crawford finds out how the Beehive State is leading the way in DoT and driver savings Growing numbers of US state departments of transportation (DoTs) and their road users are gaining real financial benefits from an advanced approach to traffic signal monitoring recently developed in Utah. Central to the system is its use of automated traffic signal performance measures (ATSPM) technology, brought in to improve th
    Read More

Highlighted Content