Ms. Heli Bennun to Step Down as Executive Chairman of RADCOM; Mr. Sami Totah Nominated as Successor
RADCOM (Nasdaq: RDCM) announced that Heli Bennun will step down as Executive Chairman on December 31, 2024, after 14 years with the company. The Board has nominated Sami Totah as her successor, effective January 1, 2025, subject to shareholder approval. Under Bennun's leadership since 2015, RADCOM has grown into a profitable company and established itself as a leading automated assurance provider in the 5G market.
Bennun expressed pride in the company's achievements, including expanding its customer base to include innovative telecom operators. Totah, the nominated successor, stated his commitment to advancing RADCOM's strategic initiatives and enhancing stakeholder value. The transition marks a significant change in leadership for the company, which has become a key player in cloud-based 5G network assurance solutions.
RADCOM (Nasdaq: RDCM) ha annunciato che Heli Bennun si dimetterà da Presidente Esecutivo il 31 dicembre 2024, dopo 14 anni con l'azienda. Il Consiglio ha nominato Sami Totah come suo successore, con effetto dal 1 gennaio 2025, soggetto all'approvazione degli azionisti. Sotto la leadership di Bennun dal 2015, RADCOM è cresciuta diventando un'azienda redditizia e si è affermata come un fornitore leader di assicurazione automatizzata nel mercato 5G.
Bennun ha espresso orgoglio per i risultati ottenuti dall'azienda, inclusa l'espansione della sua base clienti per includere operatori di telecomunicazioni innovativi. Totah, il successore nominato, ha dichiarato il suo impegno a portare avanti le iniziative strategiche di RADCOM e a migliorare il valore per gli stakeholder. Questa transizione segna un cambiamento significativo nella leadership dell'azienda, che è diventata un attore chiave nelle soluzioni di assicurazione delle reti 5G basate sul cloud.
RADCOM (Nasdaq: RDCM) anunció que Heli Bennun dejará su cargo como Presidente Ejecutivo el 31 de diciembre de 2024, tras 14 años en la compañía. La Junta ha nominado a Sami Totah como su sucesor, con efecto a partir del 1 de enero de 2025, sujeto a la aprobación de los accionistas. Bajo el liderazgo de Bennun desde 2015, RADCOM se ha convertido en una empresa rentable y se ha establecido como un proveedor líder de aseguramiento automatizado en el mercado 5G.
Bennun expresó su orgullo por los logros de la empresa, incluida la expansión de su base de clientes para incluir operadores de telecomunicaciones innovadores. Totah, el sucesor nominado, declaró su compromiso de avanzar en las iniciativas estratégicas de RADCOM y mejorar el valor para los interesados. La transición marca un cambio significativo en la dirección de la empresa, que se ha convertido en un actor clave en las soluciones de aseguramiento de redes 5G basadas en la nube.
RADCOM (Nasdaq: RDCM)은 Heli Bennun이 2024년 12월 31일부로 이사장직에서 물러나게 된다고 발표했습니다. Bennun은 회사에서 14년을 보낸 후 물러나며, 이사회는 Sami Totah를 후임으로 추천했으며, 2025년 1월 1일부터 발효되며 주주 승인에 따라 결정됩니다. 2015년 이후 Bennun의 리더십 아래 RADCOM은 수익성 있는 회사로 성장하였고, 5G 시장에서 선도적인 자동 보장 제공업체로 자리 잡았습니다.
Bennun은 혁신적인 통신 사업자를 포함하는 고객 기반의 확장을 포함하여 회사의 성과에 대해 자부심을 표했습니다. 추천된 후임자인 Totah는 RADCOM의 전략적 이니셔티브를 추진하고 이해 관계자 가치를 향상시키겠다는 의지를 밝혔습니다. 이 전환은 클라우드 기반 5G 네트워크 보장 솔루션에서 중요한 플레이어로 자리매김한 회사를 위한 리더십의 중대한 변화를 의미합니다.
RADCOM (Nasdaq: RDCM) a annoncé que Heli Bennun démissionnera de son poste de Président Exécutif le 31 décembre 2024, après 14 ans au sein de l’entreprise. Le Conseil a nommé Sami Totah comme son successeur, avec effet au 1er janvier 2025, sous réserve de l'approbation des actionnaires. Sous la direction de Bennun depuis 2015, RADCOM a évolué en une entreprise rentable et s'est imposée comme un fournisseur leader de garantie automatisée sur le marché 5G.
Bennun a exprimé sa fierté pour les réalisations de l'entreprise, y compris l'expansion de sa base de clients pour inclure des opérateurs de télécommunications innovants. Totah, le successeur proposé, a déclaré son engagement à faire progresser les initiatives stratégiques de RADCOM et à renforcer la valeur pour les parties prenantes. La transition marque un changement significatif dans la direction de l'entreprise, qui est devenue un acteur clé dans les solutions de garantie des réseaux 5G basées sur le cloud.
RADCOM (Nasdaq: RDCM) gab bekannt, dass Heli Bennun am 31. Dezember 2024 als Executive Chairman zurücktritt, nachdem sie 14 Jahre im Unternehmen tätig war. Der Vorstand hat Sami Totah als ihren Nachfolger nominiert, der am 1. Januar 2025 in Kraft treten soll, vorbehaltlich der Zustimmung der Aktionäre. Unter der Führung von Bennun, die seit 2015 im Amt ist, hat sich RADCOM zu einem profitablen Unternehmen entwickelt und sich als führender Anbieter von automatisiertem Assurance im 5G-Markt etabliert.
Bennun äußerte Stolz über die Errungenschaften des Unternehmens, einschließlich der Erweiterung seiner Kundenbasis um innovative Telekommunikationsbetreiber. Totah, der nominierte Nachfolger, erklärte sein Engagement für die Fortschritte bei RADCOMs strategischen Initiativen und die Steigerung des Stakeholder-Wertes. Der Übergang markiert einen bedeutenden Wechsel in der Unternehmensführung, das sich zu einem Schlüsselakteur im Bereich cloudbasierter 5G-Netzwerksicherheitslösungen entwickelt hat.
- RADCOM has grown into a profitable company under Bennun's leadership
- The company has established itself as a leading automated assurance provider in the 5G market
- RADCOM has expanded its customer base to include innovative telecom operators
- Smooth leadership transition planned with Sami Totah nominated as the new Chairman
- None.
Ms. Bennun has served as Executive Chairman of the Board since 2015. During her tenure, the Company has experienced remarkable growth, evolving into a strong, healthy, and profitable growth company. The Company is grateful for her guidance and experience, which have been instrumental in successfully transitioning to establishing the Company as a leading automated assurance company in the 5G market with a best-in-class cloud-based solution.
In a statement, Ms. Bennun remarked, "After nearly a decade as Executive Chairman, I feel it's the right time for me to move on. I have tremendously enjoyed working with the wonderful people and the management team at RADCOM. I am proud of our significant milestones, including expanding our customer base to encompass some of the world's most innovative telecom operators. I'm committed to ensuring a seamless transition before I step down."
"I am confident that Sami, with his vast experience and skills, will play an integral role as Chairman in driving value for our stakeholders. His extensive strategic and operational expertise will be invaluable" said Ms. Bennun.
Mr. Totah added, "I am honored to be selected for this role and to have the opportunity to work alongside my fellow directors and the management team to advance the Company's strategic initiatives, enhance long-term stakeholder value, and drive customer satisfaction. I look forward to contributing to the Company's continued success and growth."
"I want to thank Heli for her tireless efforts in guiding the Company toward growth and profitability. I would also like to express our gratitude for her meaningful contributions over the years and wish Heli continued success," Mr. Totah concluded.
About Sami Totah
Mr. Totah has served as a director of the Company since June 2024. Mr. Sami Totah is a highly accomplished executive with over 35 years of international management expertise and a proven track record of leading and serving tier-one telecom giants globally. Throughout his career, he has demonstrated expertise in driving sustainable growth and delivering company success through his strategic vision and leadership skills. Sami has served as a board member in several publicly traded companies on the Nasdaq and TASE.
From 2008 until 2023, Mr. Totah was a general partner at Viola Growth, a prestigious private equity/growth firm investing in hi-tech, specifically in companies at their growth stage. As a general partner, Sami has invested in various companies and acted as a board member, assisting them on their road to success.
Before Viola Growth, Mr. Totah served as an active chairman in several hi-tech companies, notably with Sheer Networks, which Cisco successfully acquired for
Throughout the years, Mr. Totah has served as a board member in several publicly traded companies on the Nasdaq and TASE, notably ECTEL, Itamar Medical, Gaon Holdings Group, and Pilat Media (AIM: PGB).
Mr. Totah worked for Amdocs between 1984 and 2002, retiring from his last role as Senior VP of Operations. Before, he served as President of Amdocs' Customer Care and Billing Division for four years, during which the division experienced remarkable growth, with revenues soaring from
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Company Contact: Hadar Rahav
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+972-77-7745062
hadar.rahav@radcom.com
RADCOM (Nasdaq: RDCM) is the leading expert in 5G-ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting, and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators with an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as "estimate," "project," "intend," "expect," "'believe," "may," "might," "potential," "anticipate," "plan" or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses advancing strategic initiatives, enhancing stakeholder value, driving customer satisfaction and the election of Mr. Totah as a director at the upcoming shareholders meeting of the Company, it uses forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance, or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in demand for the Company's products, inability to timely develop and introduce new technologies, products, and applications, loss of market share and pressure on prices resulting from competition and the effects of the war in
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SOURCE RADCOM Ltd.
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