Radware Appoints Guy Avidan Chief Financial Officer
January 13 2022 - 6:00AM
Radware® (NASDAQ: RDWR) announced today the appointment of Guy
Avidan as its new chief financial officer (CFO) effective February
18, 2022.
Mr. Avidan joins Radware from Kornit Digital Ltd. (NASDAQ:
KRNT). Before serving as president at KornitX, Guy was CFO of
Kornit Digital for six years, leading Kornit to its initial public
offering on Nasdaq.
Prior to joining Kornit Digital, Mr. Avidan was
vice president of finance and CFO at AudioCodes Ltd. (NASDAQ:
AUDC). In addition, Guy has 15 years of experience serving in
various other executive capacities, including co-president and CFO
at MRV Communications, Inc. (NASDAQ: MRVC) as well as vice
president of finance and CFO at Ace North Hills, which was acquired
by MRV Communications.
Mr. Avidan brings extensive expertise leading public technology
companies and managing finance organizations in high-growth
environments. He is a certified public accountant and holds a
bachelor’s degree in economics and accounting from Haifa University
in Israel.
Roy Zisapel, Radware’s president and CEO, said, “I’m happy to
welcome Guy to Radware. Guy brings broad financial and executive
experience and a proven track record in delivering results for
technology companies. I look forward to his contributions in
helping us to expand our business and execute our growth
strategy.”
“Backed by its state-of-the-art technology and strong business
momentum, this is an opportune time to join Radware. I look forward
to working with the team in building the financial strategy to
support the company’s long-term growth,” said Mr. Avidan.
About RadwareRadware® (NASDAQ: RDWR) is a
global leader of cyber security and application delivery solutions
for physical, cloud, and software defined data centers. Its
award-winning solutions portfolio secures the digital experience by
providing infrastructure, application, and corporate IT protection,
and availability services to enterprises globally. Radware’s
solutions empower enterprise and carrier customers worldwide to
adapt to market challenges quickly, maintain business continuity,
and achieve maximum productivity while keeping costs down. For more
information, please visit the Radware website.
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Radware believes the information in this document is accurate in
all material respects as of its publication date. However, the
information is provided without any express, statutory, or implied
warranties and is subject to change without notice.
The contents of any website or hyperlinks mentioned in this
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Safe Harbor Statement This press release
includes “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. Any statements
made herein that are not statements of historical fact, including
statements about Radware’s plans, outlook, beliefs, or opinions,
are forward-looking statements. Generally, forward-looking
statements may be identified by words such as “believes,”
“expects,” “anticipates,” “intends,” “estimates,” “plans,” and
similar expressions or future or conditional verbs such as “will,”
“should,” “would,” “may,” and “could.” Because such statements deal
with future events, they are subject to various risks and
uncertainties, and actual results, expressed or implied by such
forward-looking statements, could differ materially from Radware’s
current forecasts and estimates. Factors that could cause or
contribute to such differences include, but are not limited to: the
impact of global economic conditions and volatility of the market
for our products; natural disasters and public health crises, such
as the coronavirus disease 2019 (COVID-19) pandemic; our ability to
expand our operations effectively; timely availability and customer
acceptance of our new and existing solutions; risks and
uncertainties relating to acquisitions or other investments; the
impact of economic and political uncertainties and weaknesses in
various regions of the world, including the commencement or
escalation of hostilities or acts of terrorism; intense competition
in the market for cyber security and application delivery solutions
and in our industry in general, and changes in the competitive
landscape; changes in government regulation; outages, interruptions
or delays in hosting services or our internal network system;
compliance with open source and third-party licenses; the risk that
our intangible assets or goodwill may become impaired; our
dependence on independent distributors to sell our products; long
sales cycles for our solutions; changes in foreign currency
exchange rates; undetected defects or errors in our products or a
failure of our products to protect against malicious attacks; the
availability of components and manufacturing capacity; the ability
of vendors to provide our hardware platforms and components for our
main accessories; our ability to protect our proprietary
technology; intellectual property infringement claims made by third
parties; changes in tax laws; our ability to realize our investment
objectives for our cash and liquid investments; our ability to
attract, train, and retain highly qualified personnel; and other
factors and risks over which we may have little or no control. This
list is intended to identify only certain of the principal factors
that could cause actual results to differ. For a more detailed
description of the risks and uncertainties affecting Radware, refer
to Radware’s Annual Report on Form 20-F, filed with the Securities
and Exchange Commission (SEC) and the other risk factors discussed
from time to time by Radware in reports filed with, or furnished
to, the SEC. Forward-looking statements speak only as of the date
on which they are made and, except as required by applicable law,
Radware undertakes no commitment to revise or update any
forward-looking statement in order to reflect events or
circumstances after the date any such statement is made. Radware’s
public filings are available from the SEC’s website at www.sec.gov
or may be obtained on Radware’s website at www.radware.com.
CONTACTSInvestor
Relations:Yisca Erez, +972-72-391-7211,
ir@radware.comMedia Contacts:Gerri Dyrek,
Gerri.Dyrek@radware.com
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