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Luminar has announced an expansion of leadership as it enters its next phase of growth in automotive, onboarding five top industry executives. Over the next 18 months, the company will be scaling its technology into series production, starting with Volvo in 2022, and will begin shipping its Iris sensing and perception platform within the year.
Tom Fennimore, previously global head of automotive for Goldman Sachs and most recently at Jefferies Group LLC, joins the company as its new CFO. Fennimore has led numerous financial endeavors within the industry, including Tesla and Mobileye’s IPOs.
Matthew Simoncini, former president, CEO, and director at Lear Corp., joins Luminar’s board of directors.
Marc Losewitz…READ MORE