Hall became executive chairman and Gopalan remained in the CEO position. would keep an 80% stake in the combined company. At the time, it was reported that Velodyne’s founder David Hall, along with backers Ford, Chinese search engine Baidu, Hyundai Mobis and Nikon Corp. The resignation is the latest in a series of issues that have cropped up since Velodyne Lidar struck a deal to merge with special purpose acquisition company Graf Industrial Corp. Gopalan’s resignation comes after months of internal drama and business setbacks for a company that has been considered the leading supplier of lidar, the light detection and ranging radar sensor that is considered a critical component to commercially deploy autonomous vehicles. The company didn’t disclose why Gopalan was leaving. Velodyne said Monday in a statement that a team of top executives that includes COO Jim Barnhart, CFO Drew Hamer, Chief People Officer Kathy McBeath and Chief Commercial Officer Sinclair Vass will run the company as a search for a new chief executive is conducted. Gopalan, who was previously CTO, is leaving the top leadership position after about a year and a half on the job. Velodyne Lidar CEO Anand Gopalan is leaving the lidar company at the end of July as the sensor supplier continues to struggle with internal drama.
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