LIDAR maker Velodyne boots its founder after an investigation into ‘inappropriate’ behavior
Velodyne, which makes LIDAR sensors crucial for the operation of autonomous vehicles, has removed its founder, David Hall, as chair of the company’s board following an investigation, Reuters reports. Hall’s wife, Marta Thoma Hall, has also stepped down as chief marketing officer.
The investigation, which started in December 2020, concluded that the Halls “each behaved inappropriately with regard to Board and Company processes, and failed to operate with respect, honesty, integrity, and candor in their dealings with Company officers and directors,” the company said in a statement.
David Hall had previously stepped down as chairman of the board “voluntarily,” the board said, and transitioned to a new role as executive chairman. Marta…