Cubic Strategic Advisor Larry Yermack Inducted into ITS America Hall of Fame

The Intelligent Transportation Society of America (ITS America) on Sept. 8 announced that Larry Yermack, a strategic advisor to Cubic Transportation Systems will be inducted into its Hall of Fame for his lifetime achievements in the transportation industry.

Yermack has played a key role in helping to design and bring to market NextCity for Tolling — Cubic’s state-of-the-art, next-generation tolling management solution.

“We’re extremely proud that Larry is receiving this honor from his peers and we greatly appreciate his contribution to our significant investment in the creation of our next-generation back office system for the tolling industry,” said Steve Shewmaker, president of Cubic Transportation Systems.

Yermack is being recognized as a national leader in ITS and toll technology, having served as chair of the board of ITS America as well as an ITS America advocate for sustainability. Notably in his career, Yermack was heavily involved in the development of E-ZPass and now advises Cubic as it expands its businesses and services into the tolling sector.

While acting as chief financial officer of the Triborough Bridge and Tunnel Authority, he conceived of and created the E-ZPass Interagency Group, which deployed the world’s largest electronic toll system. Then as president of PB Farradyne, later Telvent, he was responsible for Travinfo in San Francisco, 511 in New York, as well as numerous traffic signal and toll projects.

Yermack will receive the Hall of Fame honor at the 2014 ITS America World Congress Business Meeting and Awards Breakfast on Sept. 9. Cubic will be celebrating Yermack’s achievements today from 4:30 to 6 p.m. at its Booth 2826 at the ITS World Congress exhibition that runs in parallel with the World Congress Sept. 7-11 at Cobo Convention Center in Detroit.