Israel-headquartered Gilat Satellite Networks, a provider of satellite networking technology, solutions and services, has announced Adi Sfadia as Gilat’s CEO. Sfadia served as Gilat’s interim CEO since July 2 this year and prior to that held the position of Gilat’s CFO, for the past five years.
Commenting on his role, Sfadia said: “I am honoured 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. 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.”
Dov Baharav, Gilat’s Chairman of the Board remarked: “I am pleased to report that Adi Sfadia, who assumed the interim CEO position on July 2nd, 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.”