Tel Aviv-based Cipia (TASE: CPIA), a computer vision AI in-cabin automotive solutions provider, appoints Yehuda Holtzman to lead the organization as its new CEO. Yehuda is a seasoned entrepreneur who brings rich experience in both private and public tech companies. He will be replacing the retiring CEO, David Tolub who led Cipia through its shift to the automotive market and took the company IPO last November.
Yehuda brings 25 years of experience in business, technology and management as a CEO of technology and communications companies. Most recently, he was the CEO of On Track Innovations Ltd. Before that, he served as CEO of Mobilogy. Yehuda has also co-founded a software company, ExploreGate and served the organization as its President through its acquisition by Corning Incorporated in 2011.
“On behalf of the board of directors and the entire Cipia family, I would like to thank David for his wonderful leadership over the past three years, and I congratulate Yehuda on joining the company as its new CEO,” said Professor Eli Talmor, Executive Director of the Cipia’s Board. “Yehuda brings with him proven experience and successful leadership of companies in the fields of wireless technology and automotive fleets. I believe that the combination of his business, financial and technological experience, will greatly contribute to the realization of Cipia’s vision and strategy, and continue to position and grow the company as a leading global player in the auto-tech market in the coming years.”
“I am excited to join Cipia as the company enters such a crucial time in the driver monitoring industry,” said Yehuda Holtzman, CEO of Cipia. “It’s a great privilege for me to be a partner in fulfilling Cipia’s vision to combat the dangers of our driving experience and ultimately save lives. I believe that the Cipia team and technologies are world class and have the potential to become the global leaders for DMS in the automotive market. I look forward to contributing my experience to its continued success, in fruitful collaboration with the company’s board, management and staff.”
“It has been a privilege to lead Cipia over the past number of years,” said David Tolub, outgoing CEO of Cipia. “I’m very proud of all of our accomplishments and how in three short years we have grown the company into a leader in the in-cabin sensing market, on par with long-standing global companies. I congratulate Yehuda Holtzman on his appointment and believe that he is a first-rate selection with the experience to lead Cipia as it expands its operations into important global markets.”
