Business
Nova Announces Leadership Changes
Gaby Waisman to succeed Eitan Oppenhaim as President & CEO; Eitan Oppenhaim to succeed Micha Brunstein as Executive Chairman of the Board REHOVOT, Israel,
About this update from Nova Ltd.
[{"type":"text","content":"Gaby Waisman to succeed Eitan Oppenhaim as President & CEO;\nEitan Oppenhaim to succeed Micha Brunstein as Executive Chairman of the Board\nREHOVOT, Israel, Feb. 21, 2023 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced changes in senior leadership positions. Gaby Waisman, who has served as the Company's Chief Business Officer since 2016, has been appointed as CEO and President. Eitan Oppenhaim, who has served as Nova's CEO and President since 2013, has been appointed as Executive Chairman of the Board, succeeding Micha Brunstein. The changes will be effective March 31, 2023.\n \n \nAs CBO, Waisman was responsible for Nova's diversified businesses, delivering value to Nova's customers around the globe. He oversaw the Company's business units, global branches, sales, application and service teams. Waisman is a seasoned leader with more than 20 years of proven management roles in global public companies, including executive positions in Israel, the U.S. and Asia. \nOppenhaim, the current CEO and President, will assume a new role as Executive Chairman of the Board. During his tenure as CEO, Nova accelerated its growth while strengthening the company's position across industry segments, territories, and customers. He was also responsible for the successful acquisitions of ReVera and ancosys as part of the Nova's long-term strategy to diversify its activities and outperform the market. Oppenhaim continued to fortify Nova's foundation as a company with a strong brand, leading technology, and exceptional talent.\n\"I am pleased to announce Gaby's appointment as Nova's CEO and President,\" said Avi Cohen, Nova Interim Chairman of the Board. \"All of us on the Board of Directors wholeheartedly entrust Gaby with the leadership of this great Company and are confident Nova is positioned for further success in the years to come. Gaby's appointment reflects the Board's well-established and thoughtful succession plan.\"\n\"We are extremely grateful for Eitan's contribution over the past 10 years,\" continued Cohen. \"His sound leadership, deep industry expertise, and vision for the future drove Nova's strong performance and growth in an increasingly challenging environment. We appreciate Eitan's contribution as CEO and President and are confident in his ability to continue Nova's success in the coming years as Executive Chairman of the Boar...