FILE PHOTO: A Velodyne Lidar unit is seen on Camello, an autonomous grocery delivery robot, in Singapore April 6, 2021. REUTERS/Edgar Su
(Reuters) - Velodyne Lidar Inc's founder David Hall on Monday called on Chairman Michael Dee to resign from the sensor maker's board, blaming him for a steep fall in the company's stock price.
"Dee has spearheaded major business decisions that leave him responsible for the company's nearly 80% stock price decline, in my view," Hall, who was removed as chairman earlier this year, said in an letter to the board.
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