Gabi Wiseman will be appointed CEO and President of Nova and will replace Eitan Oppenheim who will head the board of directors

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Eitan Oppenheim will replace Micha Bronstein as active board chairman

Nova (TA: Nova; NASDAQ: NVMI) reported today a change in senior managers in the company. Gabi Wiseman, who served as the company’s business manager since 2016, will be appointed president and CEO of the company. Eitan Oppenheim, who served as CEO and president of the company since 2013, will be appointed as active chairman of the board of directors in place of Micha Bronstein. The changes will go into effect at the same time on March 31, 2023.

In his role as the company’s business manager, Wiseman was responsible for all the company’s business, and managed the company’s representations around the world in the areas of sales, service and application. Wiseman has over 20 years of proven experience in senior management positions in global public companies, including senior management positions in Asia, the USA and Israel.

Oppenheim, who currently serves as the company’s president and CEO, will be appointed as active chairman of the board of directors. During his role as president and CEO of the company, Nova presented accelerated growth rates while strengthening its global position in the industry and diversifying its customers. Oppenheim was also responsible for Nova’s successful acquisitions that included Rivera and Ankosys, and merged into Nova’s operations as part of the long-term strategy to diversify its operations and outperform the market. At the same time, Oppenheim continued to strengthen the company’s foundation as a strong brand, with innovative technology and a leading employee base.

“It is a great honor for me to lead Nova as the CEO and president of the company in the last decade” said Eitan Oppenheim, CEO and President of Nova. “During this period, we have built a strong company and a strong brand, which position us among the most successful companies in the industry. Together with Nova’s excellent team of people, we have grown it into a leading and innovative company, while expanding our product offering to a variety of technologies and industries, and fulfilling our reputation as a company that exhibits excess performance. I trust in the ability of Nova’s excellent, professional and experienced management, under Gabi’s leadership, to lead the company to the next level and meet the goals of the company’s long-term strategic plan.” Oppenheim finished.

“I am happy to announce the appointment of Gabi as CEO and President of the company,” said Avi Cohen, chairman of Nova’s interim board of directors. “The members of Nova’s board of directors trust Gabi to lead the company and are confident that Nova is positioned for continued success in the years to come. Gabi’s appointment reflects the commitment of the board of directors to create an orderly promotion plan and a strong management reserve for the senior management of the company.”

“We thank Eitan for his contribution over the past 10 years. Eitan’s leadership, his expertise in the industry in which the company operates, and his vision for the future supported the company’s strong performance and growth in an environment that has become more challenging over the years. We appreciate Eitan’s contribution as president and CEO, and are confident in his ability to continue Nova’s success in the years to come as its active chairman of the board.” added my father.

“On this occasion, I would also like to thank Micah Bronstein for 20 years as a member of the Nova board of directors, of which 17 years as chairman. During his tenure, Nova became a leading company in the industry, while diversifying its product offering, technologies and customers. Micah’s proven experience in the industry supported Nova’s strategic moves and was part of its expansion plans,” Avi concluded.

“It is an honor for me to be appointed to the position of CEO of Nova, said Gabi Wiseman. I would like to thank Eitan for his support and guidance during the past years, as well as the members of the company’s board of directors for expressing their confidence and trust in me.” “I share Eitan’s pride in the achievements of the company’s management and its employees, as well as his vision of its future. I look forward to the opportunity given to me to lead the company to new horizons.”

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