There has been an important re-shuffle at the top of Seeing Machines PLC (LON:SEE), the leader in eye-tracking technology, with appointment of a new chief executive and the current incumbent moving to the role of executive chairman.
Mike McAuliffe, head of the automotive business Fovio, steps up to the role of CEO, with the company saying it needed a “different skill set to drive rapid global expansion”.
Ken Kroeger, who has transformed the company, steps up to chair Seeing Machines, taking over from Terry Winters.
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McAuliffe said: "I am honoured and excited to be appointed CEO of Seeing Machines.
“My short time to date in the company working with our passionate and talented team and our industry leading customers has given me deep conviction in our technical leadership, the market opportunities for us and our ability to build a large global business around that.
“The fact our technology helps address drowsiness and distraction to make driving, trucking and transport safer underpins our business with extra purpose.”
Based in Silicon Valley, the new chief’s last role was CEO of Powervation Inc, which he helped build from start-up to become a market leader that was acquired by Rohm Semiconductor in 2015.