Augwind Announces the Appointment of Gabi Seligsohn as Executive Chairman of the Company's Board
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YAKUM, Israel, Feb. 17, 2021 /PRNewswire/ -- Augwind
(TASE: AUGN), which specializes in the development and installation of compressed air storage technologies to increase energy efficiency (AirSmart), and for energy storage for the electricity sector, today announced that its board of directors has decided to appoint high-tech veteran, Mr. Gabi Seligsohn, to the position of Executive Chairman of its board, subject to approval by the shareholders' meeting.
Or Yogev, CEO and Founder of Augwind, said: "Gabi Seligsohn brings rich and proven experience from NASDAQ-listed companies Nova Measuring Instruments and Kornit Digital, in both of which he served as CEO. Gabi, in his capacity as CEO, led a transformation of the companies and turned them into global, market-leading companies by any standard, while unlocking tremendous value for the investors. I am pleased that Gabi identified similar potential in Augwind and is interested in joining the leadership of the company as Executive Chairman and contribute significantly to strengthening its organizational and managerial backbone as well as leading the company's future strategy.