Check Point Software Technologies Appoints New Board Chairman and Lead Independent Director
May 27 2020 - 4:03PM
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading
provider of cyber security solutions globally, today announced that
Vice Chairman Jerry Ungerman will be appointed Chairman of the
Board and current director Guy Gecht will be appointed Lead
Independent Director of the Board following the upcoming Annual
General Meeting (AGM). Mr. Ungerman will replace Marius
Nacht, a Check Point founder and the Chairman of the Board since
September 2015 and a director since Check Point’s inception, who
elected not to stand for reelection at the upcoming AGM.
“Since the creation of Check Point in 1993,
Marius has been one of the founding fathers of Israel’s leading
high-tech industry. I am confident that he will reach this level of
success in his current initiatives in the healthcare
industry,” says Gil Shwed, CEO at Check Point. “On behalf of
all of us at Check Point, we want to thank Marius for his
tremendous contribution to Check Point and to Israel’s economy.
Check Point’s Board of Directors has played a key role in the
company’s global success, and we are confident that it will
continue to do so under Jerry’s leadership.”
“27 years after co-founding Check Point, I
conclude my role as Chairperson of the Board with great pride and
confidence in the company and its crucial contribution to its
partners and customers worldwide,” says Marius Nacht. “As the world
continues to be more connected and the dependence on digital
platforms grow – the need for comprehensive and trusted cyber
security is more important than ever.”
Jerry Ungerman has served as Vice Chairman of
the Board since 2005. From 2001 to 2005, Mr. Ungerman was Check
Point’s President and Executive Vice President from 1998 to 2000.
Prior to joining Check Point, Mr. Ungerman held various positions
in high-tech sales, marketing and management at Hitachi Data
Systems (HDS) and was a member of the Hitachi, Ltd. group. He began
his career at IBM, after earning a B.A. in Business Administration
from the University of Minnesota.
Guy Gecht has served on the Board since
2006. Mr. Gecht is a member of the Board’s Audit Committee and
Compensation Committee and is also one of Check Point’s independent
outside directors in accordance with Israeli law. Mr. Gecht
was the Chief Executive Officer of Electronics For Imaging, Inc.
(EFI) from 2000 until 2018. Prior to this, Mr. Gecht held
various positions at EFI, including the post of President. Before
joining EFI, Mr. Gecht work at several technology companies as
a software engineer. In 2019, Mr. Gecht joined the board
of directors for Logitech. He holds a B.S. in Computer Science and
Mathematics from Ben-Gurion University in Israel.
About Check Point Software Technologies
Ltd.Check Point Software Technologies Ltd.
(www.checkpoint.com) is a leading provider of cyber security
solutions to governments and corporate enterprises globally.
Its solutions protect customers from 5th generation
cyber-attacks with an industry leading catch rate of malware,
ransomware and other types of attacks. Check Point offers
multilevel security architecture, “Infinity” Total
Protection with Gen V advanced threat prevention, which
defends enterprises’ cloud, network and mobile device held
information. Check Point provides the most comprehensive and
intuitive one point of control security management system. Check
Point protects over 100,000 organizations of all sizes.
Legal Notice Regarding Forward-Looking
Statements This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of
1934. Forward-looking statements generally relate to
future events or our future financial or operating
performance. Our expectations and beliefs regarding these
matters may not materialize, and actual results or events in the
future are subject to risks and uncertainties that could cause
actual results or events to differ materially from those
projected. These risks include our ability to continue to
develop platform capabilities and solutions; customer acceptance
and purchase of our existing solutions and new solutions; the
market for IT security continuing to develop; competition from
other products and services; the impact of the COVID-19 pandemic on
our business, as well as on our customers, suppliers and business
partners; governmental action related to the coronavirus pandemic;
and general market, political, economic and business
conditions. The forward-looking statements contained in
this press release are also subject to other risks and
uncertainties, including those more fully described in our filings
with the Securities and Exchange Commission, including our
Annual Report on Form 20-F filed with the Securities and Exchange
Commission on April 2, 2020. The forward-looking statements in this
press release are based on information available to Check
Point as of the date hereof, and Check Point disclaims any
obligation to update any forward-looking statements, except as
required by law.
©2020 Check Point Software Technologies Ltd. All rights
reserved.
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Kip E. Meintzer |
Gil Messing |
Check Point Software
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Check Point Software
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+1.650.628.2040 |
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ir@checkpoint.com |
press@checkpoint.com |
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