Benzinga | Nov 9, 2021 11:11AM EST

Ouster Reports Formation Of Advisory Board To Accelerate Digital Lidar Adoption

Ouster Advisory Board to provide strategic guidance and strengthen relationships with customers and partners across industries to drive growth

SAN FRANCISCO--(BUSINESS WIRE)-- Ouster, Inc. (NYSE:OUST) ("Ouster" or the "Company"), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, smart infrastructure, and robotics industries, announced today the formation of an Advisory Board. The Advisory Board consists of industry leaders with deep knowledge and expertise across Ouster's addressable markets and decades of experience building and leading global enterprises.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211108006071/en/

Founding members of the Ouster Advisory Board (Graphic: Business Wire)

The Ouster Advisory Board is engaged in support of Ouster's mission to make the world safer through the adoption of digital lidar. Its members will provide strategic counsel to Ouster's executive management as well as access to their networks to strengthen the Company's relationships with key customers and partners. Founding Ouster Advisory Board members include:

* Barbara Humpton: Chief Executive Officer at Siemens USA and Board Director at MorganFranklin Consulting; former Vice President at Booz Allen Hamilton and Lockheed Martin.

* Henio Arcangeli, Jr.: former Senior Vice President of the Automobile Division at American Honda Motor Company, Inc. as well as President of the Motorsports Company at Yamaha Motor Corporation, USA; currently an Advisor at ICON Aircraft.

* Jim Cannon: President and Chief Executive Officer at AM General; former President and Chief Executive Officer at FLIR Systems as well as President at Stanley Black & Decker, Inc.

* Maryrose Sylvester: former President of Electrification at ABB USA as well as President and Chief Executive Officer at GE Current and GE Lighting; currently a Board Director at Harley-Davidson, Vontier, and Waste Management.

* Philipp von Hagen: Managing Partner at Future Industry Ventures; former Member of the Executive Board at Porsche Automobil Holding SE, the majority shareholder for Volkswagen Group.

* Richard Freeland: Former President and Chief Operating Officer at Cummins Inc.; currently an Advisor at Embark Trucks as well as a Board Director at Cooper & Standard and Valvoline.

* Sandy Stojkovski: Chief Executive Officer of North America at Vitesco Technologies; former President and General Manager of Powertrain North America at Marelli, Vice President of Global Engineering Excellence at ZF Group, and President at AVL.

"I am incredibly excited to work with our founding Advisory Board, and I am deeply appreciative of their commitment to Ouster as we aim to capture our multi-billion dollar TAM," said Ouster CEO Angus Pacala. "Each member has deep expertise across one or more of our four target markets and a sincere desire to help us navigate and execute on our commercial strategy. I expect Ouster to benefit tremendously from their networks and their counsel over the coming years."

For more information on the Ouster Advisory Board, visit: https://investors.ouster.com/governance.