Immervision today announced the appointment of David Stevenson to its board of directors. Mr. Stevenson brings extensive financial advisory, asset management and capital markets experience, and his expertise will play an instrumental role to Immervision’s continued market traction and growth.
Mr. Stevenson is currently an Executive Director for Ridge Road Holdings, a consultancy focused on providing strategic corporate finance solutions to businesses directly involved in, or in need of access to, global capital markets. Stevenson started his career at JP Morgan in London, where he was directly involved in the merger with Chase Manhattan Bank in America and the acquisition of Fleming’s Private Bank in the UK. He was also part of a team of senior executives who structured and delivered a four-way merger between Barings and three specialist alternative asset managers, which saw Barings’ asset base increase from $45 billion to $300 billion.
Mr. Stevenson’s appointment comes as Immervision continues to experience significant interest and demand for its advanced vision systems, which it has pioneered and perfected over the past 20 years. Immervision’s patented wide-angle optical designs, image processing and sensor fusion technologies are central to a range of applications – including automotive, drones, consumer electronics, robotics, and other consumer and industrial products. With the global machine vision market valued at $12.29 billion in 2020 and expected to expand at a compound growth rate of 6.9% from 2021 to 2028, Mr. Stevenson’s expertise will help to further Immervision’s mission and expansion.
