Directorate Change
March 27 2009 - 3:01AM
UK Regulatory
TIDMAFS
RNS Number : 5805P
Amiad Filtration Systems Ltd
27 March 2009
27 March 2009
Amiad Filtration Systems Ltd.
("Amiad" or "the Company")
Directorate Change
Amiad, a producer and global supplier of automatic water filters and filtration
systems for the industrial, municipal and irrigation markets, announces that Mr
Gil Nussbaum has given notice of his resignation from his position as Chief
Financial Officer (CFO) and as a member of the Board of Directors of the
Company.
Amiad has accepted Mr. Nussbaum's resignation with immediate effect and promoted
Ms Tamar Sela, the Company's financial controller and Mr Nussbaum's deputy, to
the position of interim CFO whilst the Company searches for a permanent
replacement.
Ms Sela joined Amiad as Financial Controller in 2007 from Galtronics Ltd., a
developer and manufacturer of mobile phone antennae, where she had served as
Group Controller since 2000. Tamar Sela has an M.A. Degree in Legal Studies, is
a Certified Public Accountant in Israel and has a B.A. Degree in Accounting
Business Administration.
Arik Dayan, Chief Executive Officer of Amiad, said: "I am pleased that Tamar
Sela has accepted the position of interim CFO. I have worked very closely with
her during her time at Amiad and know her to be extremely capable of stepping
into the position. She has always worked very closely with the Company CFO and
understands the role and the business very well."
As a result of Mr Nussbaum's resignation, Resolution 10, regarding the approval
of his employment agreement, will be withdrawn from the business to be
considered at the Extraordinary General Meeting of the Company to be held on 1
April 2009.
As stated in its announcement of 25 March 2009, the Company will be announcing
its full year results on 2 April 2009 and expects to report that revenues for
the full year 2008 have increased by at least 26% over the previous year.
Enquiries:
+------------------------------------+-----------------------------------+
| Amiad Filtration Systems Ltd. | |
+------------------------------------+-----------------------------------+
| Arik Dayan, Chief Executive | +972 4 690 9500 |
| Officer | |
+------------------------------------+-----------------------------------+
| Corfin Communications | |
+------------------------------------+-----------------------------------+
| Harry Chathli, Victoria Ward | + 44 20 7977 0020 |
+------------------------------------+-----------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAPUURCWUPBGRQ
Amiad Water Systems (LSE:AFS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Amiad Water Systems (LSE:AFS)
Historical Stock Chart
From Jul 2023 to Jul 2024