MMH    Topics 

Craig Malloy joins Vecna Robotics as CEO

Autonomous mobile robot provider's founder and previous CEO, Daniel Theobald, resumes role as Chief Innovation Officer, and continues as executive chairman of the board for Vecna


Vecna Robotics, an autonomous mobile robot (AMR) and workflow orchestration company, today announced the appointment of Craig Malloy to Chief Executive Officer. In his role, Malloy will focus on the organizational and operational needs to scale and meet the growing demand for the company’s world-class robotic platforms and orchestration software. Founder Daniel Theobald will resume his role as Chief Innovation Officer to further advance Vecna Robotics’ market-leading technology. Theobald will also continue to serve as the Executive Chairman of the Board.

Malloy brings 25 years of experience in founding, scaling and leading global technology companies in venture capital, publicly traded and private equity environments, including Lifesize, Bloomfire and ViaVideo. He was previously the CEO of Austin, Texas-based Lifesize, a provider of omnichannel cloud contact center and video meeting solutions. Before entering the corporate world, he served as a Lieutenant, Surface Warfare Officer and Nuclear Weapons Officer in the United States Navy. Malloy holds a bachelor’s degree from the United States Naval Academy and a Master’s of Business Administration from the University of California, Los Angeles Anderson School of Management.

“In addition to delivering world-class products that make customers’ lives easier, Vecna Robotics has always put a premium on employing good people who are committed to making the world a better place. I couldn’t think of anyone more suited to continue to execute this vision and lead this talented team than Craig,” said Theobald. “Craig has an impressive track record in scaling businesses across the globe, and his leadership will be integral to Vecna Robotics’ next stage of growth.”

“Daniel is unequivocally one of the worlds’ foremost roboticists and automation experts. At his request, we ran a thoughtful process to find a similarly exceptional CEO to lead Vecna Robotics through the next phases of growth,” said Trevor Zimmerman, co-founder and managing partner of Blackhorn Ventures, lead investor for Vecna Robotics’ Series B fundraising round. “We’re delighted to have found that leader. Craig and Daniel are already proving to be a formidable combination, driving value for our customers and shareholders.”

The chief executive appointment comes after a momentous year for the company. In March, Vecna Robotics was named to Fast Company’s prestigious list of the World’s Most Innovative Companies for 2021, ranking fourth in the logistics category. Additionally, the company recently partnered with other robotics organizations to publish the world’s first autonomous mobile robot interoperability standards, which enable robots from different vendors to “speak” the same language and work together cooperatively. The company’s success has continued into 2021, having more than doubled its customer base in the last six months.

“It’s an incredibly exciting time to serve the robotics and automation market. Now, more than ever, materials handling companies require solutions that deliver greater flexibility and resilience to survive and compete in a rapidly changing global market,” said Malloy. “I have been building technology companies for a long time, and I couldn’t be more impressed with the technology, talent, customer portfolio, and culture of innovation that Daniel and his team have built. I am thrilled to step into this role on such a solid foundation as we continue to scale Vecna Robotics to new heights.”


Article Topics

News
AMR
Autonomous Mobile Robots
Mobile Robots
Vecna Robotics
   All topics

Latest in Materials Handling

Geek+ and System Teknik deploy PopPick solution for pharmacy group Med24.dk
Beckhoff USA opens new office in Austin, Texas
Manhattan Associates selects TeamViewer as partner for warehouse vision picking
ASME Foundation wins grant for technical workforce development
The (Not So) Secret Weapons: How Key Cabinets and Asset Management Lockers Are Changing Supply Chain Operations
MODEX C-Suite Interview with Harold Vanasse: The perfect blend of automation and sustainability
Consultant and industry leader John M. Hill passes on at age 86
More Materials Handling

Subscribe to Materials Handling Magazine

Subscribe today!
Not a subscriber? Sign up today!
Subscribe today. It's FREE.
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today.

Latest Resources

Materials Handling Robotics: The new world of heterogeneous robotic integration
In this Special Digital Edition, the editorial staff of Modern curates the best robotics coverage over the past year to help track the evolution of this piping hot market.
Case study: Optimizing warehouse space, performance and sustainability
Optimize Parcel Packing to Reduce Costs
More resources

Latest Resources

2023 Automation Study: Usage & Implementation of Warehouse/DC Automation Solutions
2023 Automation Study: Usage & Implementation of Warehouse/DC Automation Solutions
This research was conducted by Peerless Research Group on behalf of Modern Materials Handling to assess usage and purchase intentions forautomation systems...
How Your Storage Practices Can Affect Your Pest Control Program
How Your Storage Practices Can Affect Your Pest Control Program
Discover how your storage practices could be affecting your pest control program and how to prevent pest infestations in your business. Join...

Warehousing Outlook 2023
Warehousing Outlook 2023
2023 is here, and so are new warehousing trends.
Extend the Life of Brownfield Warehouses
Extend the Life of Brownfield Warehouses
Today’s robotic and data-driven automation systems can minimize disruptions and improve the life and productivity of warehouse operations.
Power Supply in Overhead Cranes: Energy Chains vs. Festoons
Power Supply in Overhead Cranes: Energy Chains vs. Festoons
Download this white paper to learn more about how both systems compare.