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Cyngn Names Natalie Russell as Chief Financial Officer

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Cyngn (Nasdaq: CYN), a company focused on industrial autonomous vehicles, has appointed Natalie Russell as its new Chief Financial Officer. Russell, who joined Cyngn in March 2023 as Director of Accounting, brings significant experience from her previous roles at Ernst & Young and SOAProjects, Inc.

Russell is a Certified Public Accountant in California with a Bachelor of Science in Business Administration from the University of Dayton. Her appointment comes as the company aims to strengthen its financial operations and execute its growth strategy in the industrial autonomous vehicle sector.

Cyngn (Nasdaq: CYN), azienda specializzata in veicoli industriali autonomi, ha nominato Natalie Russell come sua nuova Chief Financial Officer. Russell, entrata in Cyngn nel marzo 2023 come Director of Accounting, porta con sé una solida esperienza maturata in Ernst & Young e in SOAProjects, Inc.

Russell è Certified Public Accountant (CPA) in California e ha conseguito un Bachelor of Science in Business Administration presso la University of Dayton. La sua nomina arriva mentre l'azienda mira a rafforzare le operazioni finanziarie ed eseguire la strategia di crescita nel settore dei veicoli industriali autonomi.

Cyngn (Nasdaq: CYN), empresa enfocada en vehículos industriales autónomos, ha nombrado a Natalie Russell como su nueva Chief Financial Officer. Russell, que se incorporó a Cyngn en marzo de 2023 como Director of Accounting, aporta una amplia experiencia procedente de sus anteriores cargos en Ernst & Young y SOAProjects, Inc.

Russell es Certified Public Accountant (CPA) en California y posee un Bachelor of Science en Business Administration por la University of Dayton. Su nombramiento se produce mientras la compañía busca fortalecer sus operaciones financieras y ejecutar su estrategia de crecimiento en el sector de vehículos industriales autónomos.

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Russellì€ ìº˜ë¦¬í¬ë‹ˆì•� ê³µì¸íšŒê³„ì‚�(Certified Public Accountant, CPA)ì´ë©° University of Daytonì—서 ê²½ì˜í•� 학사(Bachelor of Science)ë¥� ì·¨ë“했다. ì´ë²ˆ ìž„ëª…ì€ íšŒì‚¬ê°€ 재무 ìš´ì˜ì� 강화하고 ì‚°ì—…ìš� ìžìœ¨ì£¼í–‰ 차량 분야ì—서ì� 성장 ì „ëžµì� 실행하려ëŠ� 노력ì� ì¼í™˜ì´ë‹¤.

Cyngn (Nasdaq: CYN), société spécialisée dans les véhicules autonomes industriels, a nommé Natalie Russell comme nouvelle directrice financière (Chief Financial Officer). Russell, qui a rejoint Cyngn en mars 2023 en tant que Director of Accounting, apporte une solide expérience acquise chez Ernst & Young et SOAProjects, Inc.

Russell est Certified Public Accountant (CPA) en Californie et détient un Bachelor of Science en administration des affaires de l'University of Dayton. Sa nomination intervient alors que l'entreprise cherche à renforcer sa gestion financière et à mettre en œuvre sa stratégie de croissance dans le secteur des véhicules autonomes industriels.

Cyngn (Nasdaq: CYN), ein Unternehmen, das sich auf industrielle autonome Fahrzeuge konzentriert, hat Natalie Russell zur neuen Chief Financial Officer ernannt. Russell, die im März 2023 als Director of Accounting zu Cyngn kam, bringt umfassende Erfahrung aus ihren früheren Tätigkeiten bei Ernst & Young und SOAProjects, Inc. mit.

Russell ist Certified Public Accountant (CPA) in Kalifornien und hat einen Bachelor of Science in Business Administration von der University of Dayton. Ihre Ernennung erfolgt, während das Unternehmen seine Finanzabläufe stärken und seine Wachstumsstrategie im Bereich industrieller autonomer Fahrzeuge umsetzen möchte.

Positive
  • Appointment of experienced CPA with Big Four (Ernst & Young) background
  • Internal promotion demonstrates succession planning and talent retention
Negative
  • None.

MOUNTAIN VIEW, Calif., Aug. 14, 2025 /PRNewswire/ -- Today,ÌýCyngn Inc. (Nasdaq: CYN) announced that Natalie Russell has been promoted to CFO.

Mrs. Russell began her career in the audit and assurance practice of Ernst & Young from September 2017 to December 2022. Mrs. Russell is a Certified Public Accountant in the state of California. She holds a Bachelor of Science in Business Administration from the University of Dayton.

Russell joined the Company in March 2023 as Director of Accounting. Prior to joining the Company, Mrs. Russell was a Technical Accounting Manager at SOAProjects, Inc., from December 2022 to March 2023, where she specialized in technical accounting research and financial reporting for clients in the technology and life sciences industries.

"Natalie is known for her ability to navigate complex accounting matters with precision and to implement financial processes that strengthen operational efficiency," said Lior Tal, CEO of Cyngn. "Her deep technical expertise and proven leadership will be invaluable as we continue to execute our growth strategy."

"I'm honored to take on the CFO role at Cyngn," said Russell. "With industrial autonomous vehicle adoption accelerating, we have a significant opportunity ahead. I look forward to partnering with the team to advance our strategic priorities and drive growth."

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn's DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company's annual report on Form 10-K with the SEC filed on March 6, 2025.

Investor Contact:
Natalie Russell
CFO
[email protected]Ìý

Media Contact:
Luke Renner
Head of Marketing
[email protected]

Where to Find Cyngn:

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company's reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 6, 2025. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected.ÌýCyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

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SOURCE Cyngn

FAQ

Who is the new CFO of Cyngn (CYN)?

Natalie Russell has been promoted to CFO of Cyngn. She previously served as the company's Director of Accounting since March 2023.

What is Natalie Russell's background before joining Cyngn (CYN)?

Russell worked at Ernst & Young in audit and assurance from 2017 to 2022, and as a Technical Accounting Manager at SOAProjects, Inc. She is a Certified Public Accountant in California.

When did Natalie Russell join Cyngn (CYN)?

Natalie Russell joined Cyngn in March 2023 as Director of Accounting before being promoted to CFO.

What industry does Cyngn (CYN) operate in?

Cyngn operates in the industrial autonomous vehicle industry, focusing on autonomous vehicle technology and solutions.
Cyngn Inc

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Software - Application
Services-computer Programming Services
United States
MOUNTAIN VIEW