Cyngn Promotes Natalie Russell to Chief Financial Officer, Paving the Way for Growth

Cyngn's New Leadership: Natalie Russell Takes the Helm as CFO

Cyngn Inc., a market leader in autonomous vehicle technology, has officially raised Natalie Russell to the position of Chief Financial Officer (CFO) as of August 14, 2025. This significant move reflects the company's commitment to strategic financial management as it navigates the rapidly growing landscape of industrial autonomous vehicles.

Natalie Russell, who joined Cyngn as Director of Accounting in March 2023, brings a wealth of expertise to her new role. With prior experience as a Technical Accounting Manager at SOAProjects, Inc., Mrs. Russell is adept in the realms of technical accounting research and financial reporting, especially within the technology and life sciences sectors. Her career began in the audit and assurance practice at Ernst & Young from September 2017 to December 2022. She is also a Certified Public Accountant (CPA) in California, adding credibility to her financial acumen.

A Vision for Growth

In her new capacity, Russell aims to lead the company toward greater success by refining financial processes that enhance operational efficiency. Lior Tal, CEO of Cyngn, remarked on Natalie’s impressive ability to handle complex accounting issues, stating, "Her deep technical expertise and proven leadership will be invaluable as we continue to execute our growth strategy."

Russell herself is excited about the challenges ahead. She recognizes the immense opportunity for Cyngn, particularly as the adoption of industrial autonomous vehicles accelerates in response to labor shortages and safety concerns in today's marketplace. "I'm honored to take on the CFO role at Cyngn," Russell declared. "I look forward to partnering with the team to advance our strategic priorities and drive growth."

About Cyngn: Innovating for the Future

Cyngn specializes in developing and deploying innovative autonomous vehicle technologies tailored for industrial organizations, including manufacturing and logistics sectors. The company aims to address significant challenges faced by these organizations, such as labor shortages and expensive safety incidents.

Among their flagship offerings is the DriveMod technology, enabling customers to integrate self-driving capabilities into their operations with minimal upfront costs and without the need for extensive infrastructure changes. This technology is already functional on Motrec MT-160 Tuggers and BYD Forklifts, providing seamless solutions for logistics and manufacturing activities. For instance, the DriveMod Tugger can carry loads of up to 12,000 lbs and is designed for both indoor and outdoor operations, boasting a payback period of less than two years. Likewise, the DriveMod Forklift handles heavy loads while accommodating non-standard pallets.

The Road Ahead

As Cyngn continues to carve its niche in the evolving landscape of autonomous technology, the elevation of Natalie Russell to CFO demonstrates a clear commitment to sustaining and enhancing organizational growth. The coming years are poised for exciting developments as the company strives toward operational excellence and innovation. With her at the finance helm, Cyngn is set to navigate the future of industrial automation confidently.

For further details regarding Cyngn’s developments and products, stakeholders and interested parties are encouraged to follow the company through various channels, including their official website, LinkedIn, and YouTube.