EROAD appoints North American Director

EROAD today announces the appointment of Barry Einsig to the Board as a North American based independent director. Located in Pennsylvania, Mr Einsig brings considerable transport knowledge of the North American market as well as global automated and connected vehicle expertise.

Mr Einsig is currently a principal at CAVita, providing consulting services to cities, governments and companies on Smart Cities, transport mobility and connected/automated vehicle systems. He built and implemented the global strategy for Cisco across all modes of transport and mobility, growing Cisco’s automotive and transportation revenue by 32% on an annualized basis over 5 years. He has held directorships of The Infrastructure Security Partnership; Vice Chair American Public Transport Association R&T; Chair Intelligent Transportation Society of America ATMS; was the Chair and founding member of Joint Council on Transit Wireless Communications; and has advised Singapore’s Ministry of Transportation on their Highly Automated Vehicle Program. In addition, Mr Einsig has reviewed work undertaken by the Transportation Research Board and created patent-approved technology used in Public Safety Networks.

EROAD chairman Graham Stuart says “Barry’s command of the North American transport market, combined with his extensive and global experience in connected vehicles and smart transport networks, rounds out the Board’s expertise that is successfully guiding EROAD’s continued growth”. 

North America is now an established market for EROAD, contributing strongly to EBITDA as outlined in the company’s recent financial half year results. A North American based Director maintains the emphasis on that market, important for the company’s strong growth strategy.

“Our Board review identified strengthening our transport-technology expertise. Understandably this is an incredibly specialized field, requiring an extensive search to find someone who was equally passionate about our core purpose of making safer, more productive roads.” said Mr Stuart.  

Mr Einsig will join the EROAD Board as an independent director effective immediately. The Board has determined that Mr Einsig is an independent director for the purposes of the NZX Listing Rules.