News | 22 September 2022
PRESS RELEASE: Serge Lupas appointed as CEO of Cyclomedia
Frank Pauli steps down as CEO and joins the Supervisory Board
Middleton, WI, September 22, 2022 – After nine years at the helm Frank Pauli (63) is stepping down as CEO of Cyclomedia. The company has appointed Serge Lupas as its new CEO. He will take over the reins from Frank Pauli on October 1. Serge Lupas brings a wealth of experience to the table, which he acquired as CEO at information service providers all over the world, such as Kantar Media and Tiscali, and at consultancy firms AlixPartners and McKinsey.
Over the course of Frank Pauli’s tenure as CEO, Cyclomedia has become a world leader in the field of accurate 360° street-level environment visualization and data insights. In recent years, the company has acquired a strong competitive position and developed a sustainable business model, which is used to service clients across Europe and North America. With unrivalled technology and strong growth the company is poised to be a key player in the Digital Reality field virtualizing the outside world into digital data and insights, with applications ranging from Smart City / Smart Government to digital network planning, design and management for infrastructure providers in Transportation, Utilities and Telecom.
New role for Frank Pauli
Frank Pauli will continue to support the organization by joining the Supervisory Board. “I have spent nine wonderful years at the head of Cyclomedia and the time has now come for someone else to take over. I am therefore pleased to hand over the company's reins to Serge Lupas. I look forward to my new role and hope to be a valuable addition to the Board with my knowledge and experience.”
His successor Serge Lupas not only has extensive leadership experience, but also a great track record when it comes to further developing technology products and services and realizing a business’ growth potential. "Cyclomedia is a global leader in the fast developing ecosystem of Digital Twins and has the potential to shape this emerging industry and its Metaverse applications," Lupas says. "I look very much forward to becoming part of Cyclomedia's success story and helping the company realize its growth ambitions."
Cyclomedia's Supervisory Board is pleased with Serge Lupas’ appointment and believes that with his arrival, the company will accelerate its growth and successfully build out its market and technology leadership position.