Barak Eilam News Today

The main indices fell today, with the banks weak and Nice continuing to come under pressure.

CEO Barak Eilam to step down by end of 2024 after more than 10 years at helm Company initiates search for successor ...

Total revenue growth of 15% year over year Double-digit growth in gross profit, operating income and net income Non-GAAP EPS exceeds high end of guidance range Record high operating cash...

Eilam will leave his post at the end of the year. The announcement, and mixed guidance in the company's financials, have depressed its share price.

Th main indices fell today, with the banks weak, and Nice falling sharply after the announcement that CEO Barak Eilam will step down.

The Board has initiated a CEO search to identify the companys next leader in partnership with a top executive recruiting firm.

27% of CEOs are bullish about the global economy, up from 7% in October, according to a recent poll from Fortune and Deloitte.

Eilam has been one of the highest earners among managers of Tel Aviv Stock Exchange-listed companies in recent years.