Velodyne Lidar announced the appointment of Mark Weinswig as Chief Financial Officer, effective May 16, 2022. He will report directly to CEO Dr. Ted Tewksbury and succeeds Drew Hamer, who will transition out of Velodyne to spend time with his family in advance of pursuing career opportunities later this year.

Weinswig is a seasoned public company CFO with more than 25 years of strategic and operational experience in technology companies including scaling businesses, streamlining cost structures, and conducting mergers and acquisitions, Velodyne Lidar says. In addition to leading the finance and corporate development teams, Weinswig will work with leadership on strategic planning, gross margin improvements and driving operational excellence.

“Mark is an outstanding addition to our executive team as we amplify our focus on profitable revenue growth,” said Tewksbury. “His skills and experience in the optical industry during a period of transformative change are directly relevant to the lidar industry today. Mark will help us continue to scale the company and improve profitability, while delivering full stack intelligent vision solutions that facilitate our customers’ development of autonomous systems.”