AEye, Inc. Announces Resignation of Carol DiBattiste as A Member and Chairperson of the Board of Directors and the Audit, Compensation, Nominating and Corporate Governance Committees of the Company
May 23, 2023 at 08:01 am EDT
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On May 17, 2023, Carol DiBattiste resigned as a member and Chairperson of the Board of Directors, and the Audit, Compensation, and Nominating and Corporate Governance Committees of AEye, Inc., effective as of May 18, 2023, to accept a position with the U.S. Government. Ms. DiBattiste's resignation was not due to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. In light of the resignation of Ms. DiBattiste, the Board appointed Matthew Fisch, the Company's Chief Executive Officer, as the Chairman of the Board, and Timothy J. Dunn, as the Company's lead independent director.
AEye, Inc. is a provider of active lidar systems technology for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications. Its software-definable 4Sight Intelligent Sensing Platform combines solid-state active lidar, an optionally fused low-light high dimension camera, and integrated deterministic artificial intelligence to capture intelligent information. 4Sight Intelligent Sensing Platform enables the integration of various types of sensor inputs, including camera, lidar, and radar. 4Sight products are developed on this framework and incorporate both camera and lidar sensors. 4Sight Intelligent Sensing Platform includes 4Sight at Design, Triggered 4Sight, Responsive 4Sight and Predictive 4Sight. 4Sight at Design enables customers to create a single, deterministic scan pattern to deliver optimal information for any specific use case. 4Sight leverages a common architecture to create application-specific products across the automotive and industrial markets.
AEye, Inc. Announces Resignation of Carol DiBattiste as A Member and Chairperson of the Board of Directors and the Audit, Compensation, Nominating and Corporate Governance Committees of the Company