Aeva Announces Addition of Veteran Apple and Volkswagen Executives to Newly Formed Advisory Board

Rhea-AI Summary

Aeva Technologies, Inc. (NYSE: AEVA) announced the formation of a new Advisory Board featuring industry veterans Steve Zadesky and Alex Hitzinger. Zadesky, a former Apple executive, contributed to the development of key products, including the iPod and iPhone. Hitzinger, currently CEO of ARTEMIS GmbH, has extensive experience in automotive leadership, including senior roles at Volkswagen and Porsche. This strategic hiring aims to enhance Aeva's capabilities in 4D LiDAR technology and strengthen its position in automotive and consumer markets.

Positive

• Addition of experienced executives from Apple and Volkswagen to strengthen the Advisory Board.
• Steve Zadesky's proven track record in product development at Apple may bring innovative perspectives.
• Alex Hitzinger's extensive automotive experience could enhance Aeva's industry insights.

Negative

• None.

Aeva Technologies, Inc. (NYSE: AEVA, “Aeva”), a leader in next generation 4D LiDAR sensing and perception systems, announced today the addition of automotive and consumer technology veteran industry executives from Volkswagen and Apple to its newly-created Advisory Board.

Steve Zadesky (Photo: Business Wire)

Aeva’s Advisory Board is welcoming former Apple senior executive Steve Zadesky and automotive leader and Senior Vice President at Volkswagen, Alex Hitzinger. Zadesky was a senior executive at Apple for over 20 years, where he held multiple leadership roles, including Vice President of Engineering and Head of Apple’s Special Project Group. Steve has notable experience in scaling new products, having built and led the product development teams for Apple’s original iPod, the first iPhone and hundreds of accessories. Hitzinger is a senior automotive executive who is presently CEO of ARTEMIS GmbH (formerly VW Autonomy). Prior to his current role, Alex served in senior leadership roles, including Senior Vice President at VW Group, Head of Product Design within Apple’s Special Projects Group and Technical Director for Porsche 919, the winner of the 24 hours of Le Mans.

With decades of technology and automotiv

FAQ

Who are the new members of Aeva's Advisory Board?

The new members are Steve Zadesky, a former Apple senior executive, and Alex Hitzinger, a senior automotive leader and CEO of ARTEMIS GmbH.

What is the significance of adding Zadesky and Hitzinger to Aeva's Advisory Board?

Their extensive experience in technology and automotive sectors is expected to strengthen Aeva's strategic direction and innovation in 4D LiDAR.

How might the addition of Zadesky and Hitzinger impact Aeva's business?

Their industry expertise may lead to enhanced product development and improvements in Aeva's market competitiveness.

What roles did Steve Zadesky hold at Apple?

Steve Zadesky served in multiple leadership roles, including Vice President of Engineering and Head of Apple’s Special Projects Group.

What is Alex Hitzinger's current position?

Alex Hitzinger is the CEO of ARTEMIS GmbH and has previously held senior positions at Volkswagen.