Press release

Cepton Names Bob Brown as Chief Financial Officer

businesswire,
0
Sponsored by Businesswire

Cepton
Technologies, Inc., a provider of 3D LiDAR solutions for automotive,
IoT, industrial, security and mapping applications, today announced the
appointment of Bob Brown as Chief Financial Officer (CFO). Reporting to
Dr. Jun Pei, Cepton’s co-founder and CEO, Brown will be responsible for
managing all financial operations within the organization, and driving
the company’s continued leadership in the LiDAR industry.

Said Jun Pei, co-founder and CEO of Cepton Technologies: “Bob Brown is a
pillar in the finance community and we couldn’t be more pleased to have
him join our team. His ability to understand LiDAR and its immediate and
long-term impact on the world, coupled with his strategic financial
guidance make him an unbeatable team member to lead Cepton into the next
phase of our growth. With the recent opening of our U.K. office and the
company’s expanding headcount across the globe, Brown’s oversight and
leadership will prove priceless. I look forward to working alongside him
and welcome him to the team.”

Brown joins Cepton from Velodyne LiDAR, where he was CFO. Prior to that
he served as the CFO and Executive Vice President at VeriSilicon
Holdings Co. and Vice President, Business Development at Cadence Design
Systems. As a seasoned executive with a lengthy background including
both financial and strategic capabilities, Brown has been a driver in
M&A transactions and financings worth more than $20 billion in
aggregate. Brown previously held various finance roles within
organizations including LSI Corporation, formerly LSI Logic, GetThere
and Hewlett-Packard.

“My top priority is helping Cepton maximize its potential and scale into
a much larger company,” said Brown, CFO of Cepton Technologies. “Cepton
has developed a unique technology that will deliver the combination of
performance, reliability and cost required for LiDAR to achieve mass
adoption. Because of its technology leadership and impressive,
fast-moving executive team, led by a visionary founder, the company is
very well positioned to win the LiDAR market. I’m proud to join this
high-caliber team and take Cepton to the next level.”

To learn more about Cepton Technologies, please visit: http://www.cepton.com/

About Cepton Technologies, Inc.

Cepton Technologies, Inc. is a 3D sensing solutions provider shipping
next-generation LiDAR products for the automotive, industrial and
mapping markets. Founded in 2016 and led by LiDAR and advanced image
industry veterans, Cepton has a leadership team that recognizes where
the automotive industry and Internet of Things (IoT) market are headed
and have deployed four advanced LiDAR solutions that are mapping the
future. Cepton LiDAR technology delivers unrivaled detection range and
resolution at low cost, to enable perception for the fast-growing market
for smart machines. For more information, visit http://www.cepton.com/.