Skip to main content

New CFO for Iteris

Iteris has appointed Walter “Chuck” McBride as chief financial officer, effective from 3 December 2013. McBride joins Iteris from audio technology engineering company SRS Labs, where he was CFO from 2011 to 2012 and where he played an instrumental role in strategic and operational planning, international and domestic compliance, and mergers and acquisitions. McBride directed the successful merger and acquisition process when SRS was purchased by DTS in July 2012 at a significant premium. Prior to SRS,
December 5, 2013 Read time: 1 min
73 Iteris has appointed Walter “Chuck” McBride as chief financial officer, effective from 3 December 2013.

McBride joins Iteris from audio technology engineering company SRS Labs, where he was CFO from 2011 to 2012 and where he played an instrumental role in strategic and operational planning, international and domestic compliance, and mergers and acquisitions. McBride directed the successful merger and acquisition process when SRS was purchased by DTS in July 2012 at a significant premium.

Prior to SRS, McBride served as a CFO for various publicly traded technology products and services companies.

For more information on companies in this article

Related Content

  • Sirit to be acquired by Federal Signal
    February 1, 2012
    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).
  • Iteris sells its vehicle sensors business
    January 27, 2012
    Iteris has signed a definitive agreement to sell its vehicle sensors business to Bendix Commercial Vehicle Systems, a member of Knorr-Bremse Group. The sensors business encompasses a portfolio of vehicle active safety systems including lane departure warning, forward collision warning, and blind spot warning, as well as SafetyDirect software that analyses real-time driver performance. “The divestiture accomplishes two objectives,” said Abbas Mohaddes, president and CEO of Iteris. “It enables us to concentra
  • New approach to data handling aids development of smarter cities
    January 14, 2013
    David Crawford has been to the Irish capital to see a potent memorandum of understanding at work. An imaginative collaboration between the world’s largest IT company and one of Europe’s smaller capital cities is demonstrating a new approach to data handling that could have far reaching implications for urban public transport worldwide. A close working relationship between IBM and Dublin City Council (DCC) dates from 2010.
  • New approach to data handling aids development of smarter cities
    January 11, 2013
    David Crawford has been to the Irish capital to see a potent memorandum of understanding at work. An imaginative collaboration between the world’s largest IT company and one of Europe’s smaller capital cities is demonstrating a new approach to data handling that could have far reaching implications for urban public transport worldwide. A close working relationship between IBM and Dublin City Council (DCC) dates from 2010. The IT giant was looking for a local transport authority as partner for testing IBM’s