Skip to main content

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.

Related Content

  • March 12, 2013
    Iteris to expand its iPerform data and analytics software solutions
    Intelligent traffic management information solutions provider Iteris is expanding its iPerform traffic and weather-related data and analytics software offering. iPerform was established in 2011 and provides a new generation of intelligent traffic and weather-related information solutions. These solutions bring the power of big data to the prediction of traffic conditions and the delivery of actionable information to both the public and commercial marketplace. The segment’s initial product, IterisPeMS, is a
  • November 4, 2024
    Almaviva completes $335m acquisition of Iteris
    Italian group wants to expand its footprint in US
  • July 31, 2013
    Iteris reports first quarter 2014 revenue increase
    US intelligent traffic management specialist Iteris has improved financial results for its fiscal first quarter ended 30 June 2013, with total revenues total revenues in the first quarter of fiscal 2014 increased by 4 per cent to US$17.0 million compared to US$16.3 million in the same year-ago quarter. The increase was primarily attributed to a 5 per cent increase in both roadway sensors and transportation systems revenues.
  • October 5, 2016
    New riders get onboard the metabustrip
    Bus travel booking is moving into the digital age as David Crawford discovers. A global surge in demand for intercity bus travel is fuelling new initiatives to make it easier for passengers to access information and book via the web by, fo example, using multi-sourced metasearch engines