Radware Appoints Guy Avidan Chief Financial Officer
Radware (NASDAQ: RDWR) announced the appointment of Guy Avidan as its new Chief Financial Officer (CFO), effective February 18, 2022. Avidan comes from Kornit Digital, where he served as president and CFO, leading the company to its IPO. He has extensive experience in finance and executive roles in technology companies and is a certified public accountant. CEO Roy Zisapel expressed confidence in Avidan's ability to support Radware's growth strategy. This leadership change aims to enhance financial strategy and sustain business momentum.
- Guy Avidan's extensive experience in leading public technology companies, including a successful IPO at Kornit Digital.
- Avidan's appointment is expected to strengthen Radware's financial strategy to support long-term growth.
- Transitioning to a new CFO may create temporary continuity concerns during the adjustment period.
- Experience gap as the new CFO must acclimate to Radware's specific operational environment.
TEL AVIV, Israel, Jan. 13, 2022 (GLOBE NEWSWIRE) -- 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 Radware
Radware® (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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CONTACTS
Investor Relations:
Yisca Erez, +972-72-391-7211, ir@radware.com
Media Contacts:
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FAQ
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