One Stop Systems, Inc. announced that its chief executive officer, David Raun, will be stepping down, effective upon the appointment of his successor. Mr. Raun will continue to serve as a member of the company's Board of Directors. Under Raun's leadership, OSS has been executing a multi-year strategy to position the company for accelerated growth and greater long-term shareholder value.

Soon after assuming his role in 2020, Raun fortified the balance sheet through profitability and increased cash infusions, producing a solid cash position. In 2021, Raun implemented new product and market strategies, innovating on the company's core competencies, leading to new business engagements in military and industrial AI and Autonomous Transportation applications. Although the company continues to have success in Autonomous Trucking and other verticals, the focus and investments have been on AI Transportables in high-margin recurring opportunities throughout the Department of Defense.