Business
HUB Security Announces that its Chief Financial Officer Has Stepped Down and Commences Search for Permanent CFO
Hugo Goldman will remain with the Company to ensure an orderly transition TEL AVIV, Israel, Aug. 17, 2023 (GLOBE NEWSWIRE) -- HUB Security (NASDAQ: HUBC), a
About this update from Hub Cyber Security Ltd.
[{"type":"text","content":"Hugo Goldman will remain with the Company to ensure an orderly transition\nTEL AVIV, Israel, Aug. 17, 2023 (GLOBE NEWSWIRE) -- HUB Security (NASDAQ: HUBC), a developer of Confidential Computing cybersecurity solutions and services (\"HUB Security\" or the \"Company\"), today announced that Hugo Goldman, has stepped down from his position as Chief Financial Officer, effective immediately, to pursue other interests. Mr Goldman will remain employed with the Company until September 30, 2023 in an advisory capacity to ensure an effective transition of his duties. The Company has commenced an immediate global search for a new chief financial officer that is both highly qualified and a strategic fit. Lior Davidson, the Company’s VP of Finance, will serve as Interim CFO until a permanent replacement is hired. Uzi Moskovich, Chief Executive Officer of HUB Security, stated, “On behalf of everyone at HUB Security, I want to thank Hugo for his leadership and contributions to the Company as CFO. During his tenure, he was instrumental in strengthening our Finance Department and navigating HUB Security through the complex and challenging journey of becoming a Nasdaq listed company. We were fortunate to have a talented and experienced executive of Hugo’s caliber here to complete the intricate filing of our Annual Report on Form 20F, a testament to the dedication and expertise of Hugo and his finance team, notwithstanding the difficult period to get there. He leaves behind a proven team that will continue supporting the Company moving forward and we wish Hugo success in his future endeavors.” Mr. Goldman stated, “I am honored to have played an instrumental role on the leadership team that has driven HUB Security’s success during its transformation to a Nasdaq listed Company. As I embark on a new chapter, I remain confident that the Company is well positioned in the confidential computing arena with exciting long-term global growth opportunities. I am very grateful to the Company for the experiences and opportunities I have had during my tenure. I would also like to thank our dedicated finance team and our global associates for their hard work and faith in the vision of Hub Security. I look forward to contributing to a smooth transition and wish the Company all the best for the future.” The Company plans to work expeditiously to report its first ...