Wavetronix, the worldwide market leader in radar traffic detection and monitoring, is pleased to announce that its founders, David Arnold, chief executive officer, and Mike Jensen, chief technology officer, have been named Entrepreneur Of The Year® 2020 Utah Region Award winners by Ernst & Young LLP (EY US). The award recognizes entrepreneurial leaders who, according to Ernst & Young, “are excelling in overcoming adversity; financial performance; societal impact and commitment to building a values-based company; innovation; and talent management.”
Arnold and Jensen were selected by an independent panel of judges, and the award was announced during the program’s first-ever virtual awards gala on 6 October 2020.
Founded in 2000, Wavetronix has grown to be a global company with offices around the world and throughout the United States. Arnold and Jensen met as professors at Brigham Young University and eep the spirit of learning alive at Wavetronix. Ernst & Young noted that the company helps create a better world through the products they develop and manufacture for safer, more efficient transportation systems, but it also fosters an environment of education and personal development for all employees.
“Every day I’m inspired by the people I work with, and that’s what makes Wavetronix so special to me,” says Arnold. “One of our core values is ‘People First’ and the reason we started this company was to provide meaningful jobs for the engineering students that we taught at BYU.”
As Utah Region award winners, Arnold and Jensen are now eligible for consideration of the national awards, which will be announced Thursday, 19 November, during a virtual awards gala. Since 1986, EY US has honored entrepreneurs whose “ingenuity, spirit of innovation and tenacity have driven their companies’ success, transformed their industries and made a positive impact on their communities.”
Wavetronix engineers and manufactures products that detect, connect and direct the traffic data needed for safer, more efficient roads and intersections. Founded in 2000, Wavetronix is headquartered in Provo, Utah, with regional offices located in Florida, London, France, China and Singapore. Wavetronix’ proprietary technologies are protected by US and international patents; other patents pending. For more information, visit Wavetronix online at www.wavetronix.com.
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Kauffman Foundation. In the Utah Region, sponsors also include Diversified Insurance Group, Strong & Hanni Law Firm, Silicon Slopes, Truss, & The Community Foundation of Utah.
About Entrepreneur Of The Year®
Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. Winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy
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