Lytx Inc., the industry pioneer of video and safety-driven efficiency, announced the appointment of Chris Cabrera as its new Chief Executive Officer (CEO). With a proven track record of success and innovation in the artificial intelligence (AI) and technology sectors, he brings a wealth of executive experience and accolades from his previous leadership roles at SaaS and AI companies, including twenty years as Founder & CEO of Xactly. Cabrera takes over for Interim CEO Andy Eckert, who joins Lytx’s Board of Directors as Chairman.
Under Cabrera’s leadership, Lytx will continue to elevate its market position and leverage its storied history of using award-winning machine vision and artificial intelligence (MV+AI) technology to drive forward its goals of enhancing driver safety and operational efficiency. Cabrera’s expertise in scaling businesses and fostering a culture of innovation will be instrumental in taking Lytx to new heights.
“Chris Cabrera is a natural leader and his approach aligns perfectly with Lytx’s mission to protect businesses’ most valuable assets in motion,” said Andy Young, Partner at Permira. “His extensive experience and visionary leadership will be invaluable as the company continues to expand its capabilities and deliver exceptional value to clients and partners.”
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Cabrera expressed his enthusiasm for his new role, stating, “I am honored to join Lytx, an established company with a strong, growing legacy and a solid cultural foundation. I admire their unwavering commitment to innovation and their vision for every journey ending with a safe return. I look forward to expanding upon this vision and working with the talented team at Lytx to drive innovation and create impactful solutions that enhance safety and efficiency for our clients.”
Background and Past Success
Chris is a seasoned CEO with more than three decades of enterprise and on-demand/SaaS experience in both private and public companies. He has been recognized by USC as “Alumni Entrepreneur of the Year,” by The Software Report as a “Top CEO of 2020,” and was one of Business Intelligence Group’s “Executives of the Year” in 2021.
SOURCE: PRNewswire