U.S.-China-based Pony.ai, an autonomous driving technology company, has announced that Lawrence Steyn, currently Vice Chairman of Investment Banking at JP Morgan, will join the company as Chief Financial Officer.
“We are pleased to welcome Lawrence to join Pony.ai to help drive the next phase of growth,” said James Peng, CEO, and Founder of Pony.ai. “With the innovation and hard work of our extraordinary team, Pony.ai has emerged as an industry leader. Lawrence’s significant global expertise will help write the next chapter of our story.”
Mr. Steyn, a financial industry veteran executive, has led several client relationships and transactions, both strategic and in the capital markets. His relationships over his career have included leading global organizations such as General Electric, United Technologies, Honeywell, Emerson, and Ford and private equity firms such as Blackstone and Carlyle. He has held a variety of leadership roles, including Managing Director at Morgan Stanley and Executive Director of Goldman Sachs prior to JP Morgan.
“I am very excited at the opportunity to work alongside James and the Pony.ai team to build the future of transportation,” Mr. Steyn added. “Together, we’ll tackle some of the biggest challenges of our time and deliver products and services that change millions of lives for the better. I look forward to executing on the company’s priorities, accelerating growth, and enhancing value for shareholders and all stakeholders.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.