Valens Semiconductor (NYSE: VLN) announced the appointment of Dean Martin as Senior Vice President and Head of the Automotive Business Unit, effective September 1, 2026. The move signals a strategic push to accelerate the commercialization of its high-performance connectivity chipsets within the automotive sector. Martin succeeds Adar Segal, who is stepping down from the role after contributing significantly to the company’s recent growth. This leadership change positions Valens to leverage existing design wins and expand its footprint among global original equipment manufacturers (OEMs).

Yoram Salinger, Chief Executive Officer of Valens Semiconductor, highlighted Martin’s track record in turning innovative technologies into commercial successes. Salinger noted that Martin’s extensive experience in securing major design wins with leading global automakers will be critical for executing on current opportunities and promoting Valens chipsets further. The CEO also thanked Segal for his contributions over recent years.

Martin joins Valens with more than 25 years of experience in senior global sales leadership roles across automotive, connected vehicle platforms, Internet of Things (IoT), and software services. His career includes tenures at Harman Automotive, Red Bend Software, Agilent Technologies, and Hewlett-Packard. During his career, Martin has secured breakthrough awards with global OEMs and built long-standing relationships with key customers and partners.

Strategic Focus

Martin stated that he is excited to lead the Automotive Business Unit at a critical stage in the company’s development. He emphasized Valens’ exceptional technology and recognized brand within the industry. According to Martin, the company now possesses significant momentum following recent automotive achievements, creating an opportunity to leverage this foundation for broader commercial adoption. His goal is to work with the team to unlock the full potential of Valens’ automotive technology and integrate its chipsets into vehicles worldwide.

About Valens Semiconductor

Valens Semiconductor provides high-performance connectivity chipsets that enable reliable, long-reach data transmission for demanding applications. Its products are integrated into devices powering state-of-the-art audio-video installations, next-generation videoconferencing, Advanced Driver Assistance Systems (ADAS), and Software Defined Vehicles (SDVs). The company is a pioneer in connectivity technologies and a key contributor to industry standards including HDBaseT and MIPI A-PHY.

The announcement includes forward-looking statements regarding future events and trends, subject to risks such as semiconductor industry cyclicality, competition, supply chain adjustments, and macroeconomic conditions. These risks are detailed in Valens’ Form 20-F filed with the SEC on February 25, 2026.

Valens Semiconductor will release its earnings results for the second quarter ended June 30, 2026, on Wednesday, August 12, 2026, before the market opens. The company will host a conference call and webinar at 8:30 a.m. Eastern Time to discuss its operational and financial results, followed by a question-and-answer session for the investment community.

The operational and financial results will be issued in a press release prior to the call. Investors are invited to attend by registering in advance. A replay of the webinar will be available shortly after the call in the Investors section of Valens' website for 90 days.

For those wishing to dial in, the following options are available:

The Conference ID for the call is 1504681. Valens Semiconductor is a provider of high-performance connectivity chipsets that enable reliable, long-reach data transmission across various applications, including audio-video installations, videoconferencing, and Advanced Driver Assistance Systems.