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CST: 26/05/2019 17:59:54   

Renovo Names Former General Motors Executive To Board of Directors

62 Days ago

The autonomous vehicle software company Renovo, announces the appointment of Tony Posawatz to its board of directors

CAMPBELL, Calif., March 25, 2019 (GLOBE NEWSWIRE) -- Renovo, a global autonomous vehicle software company and creators of the AWare platform, today announced that Tony Posawatz, the President of Invictus iCAR LLC and former General Motors executive has been elected to the Renovo Board of Directors. Coming on the heels of recent expansion into Europe, the addition of Mr Posawatz to the Board Of Directors signals the strong momentum at Renovo.

“We are delighted and honored to have Tony join the Renovo Board of Directors,” said Chris Heiser, CEO of Renovo. “His unrivalled experience and reputation in leading the automotive industry through the adoption of breakthrough technologies is a perfect fit for Renovo as we develop and launch our technology globally with strategic partners.”

Tony Posawatz served as the President/CEO of Fisker Automotive and is currently President/CEO of Invictus iCAR (innovation Consulting Advisory Resources); focusing on automotive technology company advancement and was formerly the executive-in-charge of Global Electric Vehicle Development & Vehicle Line Director, Chevrolet Volt at General Motors. Recognized as a technology and product champion, Posawatz lead his product development teams to numerous awards for automotive excellence including both the MotorTrend “Truck of the Year” and “Car of the Year” honors and is the only auto leader to achieve both. The Chevy Volt is the only vehicle produced in the U.S. ever to receive both the North American and European “Car of the Year” awards in the same year and Mr. Posawatz is widely credited for its success.

“I firmly believe the innovation required to revolutionize the automotive industry will come from companies like Renovo,” said Tony Posawatz. “After working behind the scenes and admiring the work of their leadership, engineering and software teams for years, I’m thrilled to be joining the Renovo Board of Directors. Renovo is positioned at the center of the most exciting innovations in transportation and I’m excited to help the team grow this exciting business.”

Renovo’s AWare is already powering highly automated vehicle fleets on public and private roads today including that of Voyage.auto. The rapidly growing AWare ecosystem boasts some of the biggest names in autonomous mobility technology providers like Samsung, Verizon, HERE, Velodyne LiDAR, Parsons, INRIX, Argus Cyber Security, Affectiva, Phantom Auto, Metamoto, Understand.ai, NIRA Dynamics Bestmile and others. With the addition of Mr. Posawatz, Renovo is positioned for accelerated momentum over the coming year.

About Renovo
Renovo is an automotive software company and the creators of AWare, the first truly open software platform for autonomous vehicles. The AWare platform consists of two parts - Vehicle Systems and Data Systems. AWare Vehicle Systems is the first automotive-grade framework for fully autonomous vehicles, enabling the reliable building and deployment of software to fleets of vehicles, anywhere in the world. AWare Data Systems is the world’s first scaleable vehicle data management solution that allows large fleet operators proven and reliable access to mission-critical data on the vehicle, on the edge and in the cloud. By working together, these two systems provide a comprehensive, scalable and reliable software platform for autonomous vehicles. Renovo combines Silicon Valley agility with proven automotive capabilities in a singular commitment to transform the way we move people and things.

Tony’s Achievements
Tony has also been recognized as an Automotive News (AN) All-Star, AN Electrifying 100 & Detroit Free Press Automotive Leadership Award winner and served as Chairman, Electric Drive Transportation Association (EDTA). He was a GM Undergraduate Scholar (BSME - Wayne State University, 1982) & GM Graduate Fellow (MBA - Dartmouth College, Tuck School of Business,1986).

Contact Information
Rick Medeiros
Renovo@codewordagency.com
209-330-3129

Photos accompanying this announcement are available at:

http://www.globenewswire.com/NewsRoom/AttachmentNg/afc51741-41a5-41e3-9a18-d4a5c898c1c7

http://www.globenewswire.com/NewsRoom/AttachmentNg/dda21b86-eb52-4aea-84f5-760c69b4b18c

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