SAN FRANCISCO - Ouster, Inc. (NASDAQ:OUST), a provider of lidar sensors and software solutions, announced the appointment of Kenneth Gianella as Chief Financial Officer, effective May 19, 2025. Gianella, with over 25 years of experience in finance and operations within the technology sector, will be taking over from interim CFO Chen Geng. Geng will remain with the company as Senior Vice President, Strategic Finance & Treasurer.
Gianella’s career includes significant roles at Quantum Corporation (NASDAQ:QMCO) where he served as CFO and COO, and Itron, Inc. (NASDAQ:ITRI), where he was VP of Investor Relations, Mergers, Divestitures, & Acquisitions, and later VP of Finance and Treasury. His background reflects a strong track record in the technology and communications industries, overseeing profitable companies and scaling software businesses.
Ouster CEO Angus Pacala expressed confidence in Gianella’s ability to support the company’s growth, citing his extensive experience in relevant industries and his knowledge in scaling software businesses. Gianella himself is enthusiastic about joining Ouster, recognizing the company’s potential to expand its technology across various sectors, including automotive, robotics, and smart infrastructure.
Ouster is known for its high-resolution lidar sensors that are used across multiple industries and is focused on contributing to a safer and more sustainable future. The company, with its headquarters in San Francisco, operates globally with offices in the Americas, Europe, and Asia-Pacific.
The information regarding the appointment of Kenneth Gianella as CFO of Ouster is based on a press release statement.
In other recent news, Itron has reported strong financial results for the fourth quarter, surpassing both Baird’s and market consensus estimates. The company revealed a full-year book-to-bill ratio exceeding 1:1, indicating demand surpasses supply, and provided guidance for the first quarter and full year of 2025 that exceeded analyst expectations. Baird maintained its Outperform rating with a $132 price target, while TD Cowen reiterated a Buy rating with a $139 price target, reflecting confidence in Itron’s future performance. Additionally, Itron has announced a collaboration with Norgesnett to deploy edge computing technology in Norway, aiming to enhance grid operations and integrate renewable energy resources.
Itron is also integrating Microsoft’s generative AI technology into its Intelligent Edge Operating System to enhance data access for utility companies. This initiative is expected to improve decision-making and operational efficiency by enabling natural language data queries. The integration will be globally available in the second quarter of 2025. Furthermore, TD Cowen’s analysis highlights Itron’s favorable position in the energy management sector, maintaining a positive outlook on the company. These developments indicate a strategic direction towards enhancing Itron’s business model and financial performance.
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