Iteris (ITI) Announces Luke Schneider to Board

Iteris, Inc. (NASDAQ: ITI) today announced that Luke Schneider, a serial smart mobility entrepreneur, has been appointed to its board of directors.

Mr. Schneider has over 25 years of experience across various aspects of the transportation market, in general, and the areas of mobility-as-a-service, and connected and automated vehicles, in particular. Most recently, he served as chief operating officer of Wejo, where he accelerated the rapid adoption of Wejo’s mobility data ecosystem platform, which now processes and monetizes rich data streams from hundreds of sensors embedded in over 17 million connected vehicles every 1-3 seconds. Previously, Mr. Schneider was founding chief executive officer of tech-enabled car rental business Silvercar, which was acquired by Audi, AG in 2017. Prior to Silvercar, Mr. Schneider served as CEO of Creative Kingdoms, LLC, chief technology officer at Zipcar, Inc., CTO at Flexcar, and senior vice president of operations at Verticalnet.

Mr. Schneider currently serves as an independent director of Plug Power Inc. (PLUG), a leading hydrogen fuel cell manufacturer, and an advisory board member of AEye, an artificial perception pioneer and creator of iDAR™, a new form of intelligent data collection that acts as the eyes and visual cortex of autonomous vehicles.

Mr. Schneider earned a Bachelor's degree in mechanical engineering from the University of Texas at Austin and a Master’s degree in Industrial Administration from the Graduate School of Industrial Administration, known today as the David A. Tepper School of Business, at Carnegie Mellon University in Pennsylvania.

“Luke has an impressive track record of successfully developing and monetizing highly scalable technology platforms that address a range of smart mobility challenges,” said Tom Thomas, chairman of the board for Iteris. “His knowledge of the technology infrastructure that underlies connected and automated vehicles through his work at Wejo and AEye, in particular, will be invaluable as we continue to evolve Iteris’ ClearMobility Platform to address the needs of the global smart mobility infrastructure management market.”

“Having spent my career in the smart mobility market, I am impressed with the breadth and depth of Iteris’ solution portfolio,” said Mr. Schneider. “In particular, Iteris’ ClearMobility Platform presents a unique opportunity to transform the operation and utilization of smart mobility infrastructure while saving lives and helping communities thrive.”

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