Thursday, November 21, 2013

Commtouch® (CTCH) Announces Changes to its Executive Team

Leading provider of Internet security technology and cloud-based services Commtouch® announced a few changes made within its senior management team in order to support its ongoing transformation strategy from a technology service provider to a complete cloud-based Security-as-a-Service provider. These appointments will strengthen the executive teams focus on the company’s long-term growth strategy, while continuing to ensure operational excellence.

Effective immediately, Shlomi Yanai has been recruited to the role of president where he will focus on Commtouch’s strategic growth initiatives, transitioning the position of chief executive officer to Lior Samuelson, who currently sits as Chairman of the Board of Commtouch. He is set to keep continued focus on the company’s operational excellence. Samuelson, who has a long-standing relationship with Commtouch, holds an extensive career that includes serving as chairman, CEO and board member of a number of companies in technology, telecom, financial services and management consulting.

“These management changes strengthen Commtouch’s ability to evaluate and capitalize on emerging business opportunities more quickly,” stated Lior Samuelson, CEO and Chairman of the Board. “The Board of Directors is very pleased that Shlomi accepted this position.”

“These new roles for Lior and me allow us to continue the strong partnership we have built over the past few years. I am more confident in the strength of the organization to take advantage of the most critical opportunities to build long-term sustainable growth,” commented Shlomi Yanai.

Shlomi Yanai will retain his seat on the Commtouch Board of Directors.

To learn more, please visit www.commtouch.com

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