Allot Communications Ltd. has appointed Shmuel Arvatz as the company’s new CFO.
Arvatz will replace Nachum Falek, who is leaving to become the CFO of a privately-held company.
“Shmuel brings more than 20 years of experience, great talent and skill both in finance and business leadership in the hi-tech industry,” said Andrei Elefant, CEO of Allot. “Shmuel will contribute to our finance, operations, investor relations and business strategy. On behalf of the board of directors and Allot’s management I wish to thank Nachum for five years of outstanding service directing the finance and investor relations teams and being a vital contributor to the Allot success story. We all wish him luck with his future endeavors.”
Prior to joining Allot, Arvatz served as the CFO of ClickSoftware, which provided automated mobile workforce management and service optimization solutions for enterprises, since 2002. Before that, ClickSoftware, he served as the CFO of Shrem, Fudim, Kelner Technologies Ltd., a leading investment house in Israel. He also served as executive vice president and CFO of Tecnomatix Technologies, and between 1990 and 1999, he was vice president and CFO of ADC Israel. Arvatzl holds a B.A. in accounting and economics from Bar-Ilan University.
“I am thrilled at the opportunity to join Allot, as the dominant leader in its field and a successful company with a proven track record,” said Arvatz. “I am looking forward to contributing the knowledge and perspective I have gained from my experience in the industry to support Allot in its future growth and development.”
