Ernst & Young (EY) has bestowed the founders of radar traffic detection and monitoring firm Wavetronix with a regional business award.
CEO David Arnold and chief technology officer Mike Jensen have been named Entrepreneur Of The Year 2020 Utah Region Award winners - which means they are now in contention for EY's national awards, to be announced on 19 November during a virtual awards ceremony.
The award recognises entrepreneurial leaders who, EY says, “are excelling in overcoming adversity; financial performance; societal impact and commitment to building a values-based company; innovation; and talent management".
Founded in 2000, Wavetronix now has offices around the world and throughout the US.
The pair met when they were professors at Brigham Young University (BYU) and EY noted in particular the company's emphasis on education and personal development for staff.
Arnold says: “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.”