Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), provider of satellite networking technology, solutions and services, officially announces their CEO, Adi Sfadia, who has temporarily filled the slot since July. Previous to that, Adi was Gilat’s CFO for the last five years.
Dov Baharav, Gilat’s Chairman of the Board commented, “I am pleased to report that Adi Sfadia, who assumed the interim CEO position on July second, 2020, has now been appointed as Gilat’s CEO. Adi brings with him a deep understanding and a wealth of experience in the satellite industry, which I believe will bring value to the customers, shareholders and Gilat’s employees. On behalf of the entire Board of Directors, we would like to wish Gilat success under Adi’s capable leadership.”
“I am honored to have been appointed as Gilat’s CEO and would like to thank Gilat’s Chairman of the Board and all of the board members for their trust and support,” said Adi Sfadia, Gilat’s CEO. “I am fully committed to Gilat and am confident that with my dedicated management team and talented employees, we will navigate Gilat to accelerated growth and profitability.”