Appointment of Chief Financial Officer (5300O)
September 20 2011 - 2:01AM
UK Regulatory
TIDMAFS
RNS Number : 5300O
Amiad Water Systems Ltd
20 September 2011
20 September 2011
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Appointment of Chief Financial Officer
Amiad, a leading global producer of water treatment and
filtration solutions, announces the appointment of Amir Harel as
Chief Financial Officer of the Company, replacing Rivka Kalmanzon,
with effect from 3 October 2011. At present, Mr. Harel will not be
appointed to the Board of Amiad.
Mr. Harel joins Amiad from InSightec Ltd., where he held the
positions of Vice President and Chief Financial Officer since
August 2005. He has over 17 years of capital markets experience
with several Israeli and international companies, working for both
private and public businesses listed on the NASDAQ and TASE stock
exchanges. During his career, he has been responsible for a broad
range of activities such as accounting, financial planning and
controlling, contract negotiation and investor relations. He also
has planned and executed significant financial transactions such as
a $1.5 billion project to build a new semiconductor facility whilst
serving as Vice President & Chief Financial Officer of Tower
Semiconductor Ltd. (NASDAQ: TSEM; TASE: TSEM) from December 1998 to
November 2004.
Tal Yeshua, Chairman of Amiad, said: "We would like to thank
Rivka for her service over the last two years and for her
dedication during a time of great change for Amiad. As we now look
to the future, we are delighted to welcome Amir to the management
team, whose experience and skill set are well suited to facilitate
Amiad's development to the next level as we continue to grow and
progress."
Enquiries:
Amiad Water Systems Ltd.
Arik Dayan, Chief Executive
Officer +972 4 690 9500
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Nomura Code Securities Ltd.
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Richard Potts, Giles Balleny +44 20 7776 1200
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Corfin Public Relations
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Harry Chathli, Claire Norbury +44 20 7596 2860
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This information is provided by RNS
The company news service from the London Stock Exchange
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