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Ouster Appoints Susan Heystee Chair of Its Board of Directors

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Ouster (NYSE: OUST) announced the appointment of Susan Heystee as Chair of its Board of Directors, effective immediately. Heystee, who has over 30 years of experience in software and automotive technology, has been a board member since 2018 and served as Interim Chief Revenue Officer earlier this year. CEO Angus Pacala emphasized her crucial role in the company's growth and transition to public status. Under her leadership, Ouster aims to expand its market presence in digital lidar technology across various industries.

Positive
  • Appointment of Susan Heystee as Chair may provide strategic leadership and continuity.
  • Heystee's extensive experience in technology and established history with Ouster could enhance business direction.
Negative
  • Potential concerns over continuity due to management changes.

Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-resolution digital lidar sensors for the industrial, smart infrastructure, robotics, and automotive industries, announced today the appointment of Susan Heystee as Chair of its Board of Directors. Ms. Heystee brings more than 30 years of experience as a business leader in software and automotive technology to her new leadership role.

Susan Heystee, Ouster Board of Directors' Chair (Photo: Business Wire)

Susan Heystee, Ouster Board of Directors' Chair (Photo: Business Wire)

Ms. Heystee has served as a member of the Ouster Board of Directors since September 2018 and as the Company’s Interim Chief Revenue Officer from January to July of this year. During this time, she supported Ouster’s transition from a private to public company, spearheaded key growth initiatives across its four verticals, and laid the groundwork for its new worldwide commercial organization.

She has held various leadership positions over her career, including Senior Vice President of the Global Automotive Business at Verizon Connect, and Executive Vice President of Global Sales and OEM Business at Telogis, which was later acquired by Verizon. She has also served as a member of the Board of Directors of revVana Inc., a private software company, since April 2020, and ChargePoint, a leading electric vehicle charging network, since May 2021. Ms. Heystee holds Bachelor’s Degrees in mathematics and business from the University of Waterloo and an Executive MBA from Harvard Business School.

“I am excited to continue working closely with Susan in her new role as Chair of Ouster’s Board of Directors. Susan has been pivotal to Ouster over the last three years. With extensive experience in the technology sector and deep knowledge of market-driven strategies, she is well-positioned to lead our Board and advise the Company as we continue to scale to bring digital lidar to diverse end-markets across the world,” said Ouster CEO Angus Pacala.

For more information about Ouster’s Board of Directors, visit: https://investors.ouster.com/governance/board-of-directors

About Ouster
Ouster (NYSE: OUST) is a leading provider of high-resolution digital lidar sensors for the industrial, smart infrastructure, robotics, and automotive industries. Ouster products offer an excellent combination of price and performance and are built to a set of requirements that are flexible enough to span hundreds of use cases and enable revolutionary autonomy across industries. Ouster has approximately 600 customers in over 50 countries with offices in the Americas, Europe, Asia-Pacific and the Middle East. For more information, visit www.ouster.com, or connect with us on Twitter or LinkedIn.

FAQ

Who has been appointed as Chair of Ouster's Board of Directors?

Susan Heystee has been appointed as Chair of Ouster's Board of Directors.

What experience does Susan Heystee bring to Ouster?

Susan Heystee brings over 30 years of experience in software and automotive technology.

What was Heystee's role at Ouster before becoming Chair?

Before becoming Chair, Susan Heystee served as Interim Chief Revenue Officer.

When did Susan Heystee join Ouster's Board?

Susan Heystee joined Ouster's Board of Directors in September 2018.

What does Ouster specialize in?

Ouster specializes in high-resolution digital lidar sensors for various industries.

Ouster, Inc.

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