July 19 (Reuters) - Velodyne Lidar Inc :
* VELODYNE LIDAR ANNOUNCES LEADERSHIP TRANSITION
* VELODYNE LIDAR - ANAND GOPALAN HAS INFORMED BOARD OF DIRECTORS THAT HE IS STEPPING DOWN AS CEO AND A MEMBER OF BOARD, EFFECTIVE JULY 30, 2021
* VELODYNE LIDAR INC - BOARD HAS CREATED AN OFFICE OF CHIEF EXECUTIVE COMPRISING SEVERAL MEMBERS OF CO'S SENIOR LEADERSHIP TEAM
* VELODYNE LIDAR - RETAINED EXECUTIVE SEARCH FIRM TO CONDUCT COMPREHENSIVE SEARCH TO IDENTIFY A SUCCESSOR
* VELODYNE LIDAR INC - PREVIOUSLY DISCLOSED GUIDANCE FOR 2021 REVENUE - BETWEEN $77 MILLION AND $94 MILLION - AND BUSINESS OUTLOOK REMAIN UNCHANGED
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