People: Magal Security Systems Ltd (MAGS.W)

MAGS.W on CBOE When Trading NASDAQ Global Select Market

3.95USD
20 May 2013
Price Change (% chg)

$-0.11 (-2.71%)
Prev Close
$4.06
Open
$3.95
Day's High
$3.95
Day's Low
$3.95
Volume
100
Avg. Vol
8
52-wk High
$4.40
52-wk Low
$3.31

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Summary

Name Age Since Current Position

Barry Stiefel

61 2013 Chairman of the Board

Eitan Livneh

58 2012 President, Chief Executive Officer, Director

Ilan Ovadia

45 2010 Chief Financial Officer, Senior Vice President - Finance and Secretary

Eli Sananes

2012 Senior Vice President - Global Sales

Hagai Katz

60 2010 Senior Vice President - Marketing and Business Development

Yehonatan Ben Hamozeg

53 2009 Senior Vice President – Product Development and Projects

Jacob Even-Ezra

81 2007 Director

Mark Rosenberg

47 2011 Director

Shaul Kobrinsky

59 2004 Independent External Director

Zeev Livne

66 2004 Independent Director

Jacob Nuss

63 1993 Independent Director

Liza Singer

41 2010 Independent External Director

Hadas Friedman

Financial Communication Public & Investor Relations

Biographies

Name Description

Barry Stiefel

Mr. Barry Stiefel has been appointed as the Chairman of the Board of Magal Security Systems Ltd., effective February 15, 2013. Mr. Stiefel is the Manager of the Kirsh Family Office in London, England. The Kirsh Family Office administers and monitors the investments made by the Kirsh Group worldwide. Ki Corporation, which is owned by the Kirsh Group, is the shareholder of company. Mr. Stiefel served as a director of one of UK subsidiaries from 1986 to 1990. Since 2001, Mr. Stiefel has served as a consultant for a number of companies, including Premedia Limited and its subsidiaries. Previously, Mr. Stiefel was the chief executive officer of Meridian VAT Reclaim Group, which he founded, as a consultant in the field of trade finance and as finance director of Fisher Brothers Lumber Company Limited, a South African company. Mr. Stiefel holds a B.Sc. degree in Mathematics and Chemistry and a B.A. degree in Accounting, both from the University of the Witwatersrand. Mr. Stiefel is a chartered accountant in South Africa and is registered as an auditor (not in public practice) in the United Kingdom.

Eitan Livneh

Mr. Eitan Livneh serves as the President, Chief Executive Officer, Director of Magal Security Systems Ltd. From February 2007, Mr. Livneh served as President and Chief Executive Officer of Tadiran Telecom Ltd., an Israeli telecommunications company. Between January 2000 and February 2007, Mr. Livneh was the Chief Executive Officer of Elgo Irrigation Ltd., and prior to that, General Manager of Packer Plada Group Ltd and Vice President of Marketing and Assistant to the President of Elisra Electronic Systems Ltd. Mr. Livneh holds a B.A. degree in Economics and Business Administration from the Bar-Ilan University, Tel Aviv, Israel.

Ilan Ovadia

Mr. Ilan Ovadia serves as Senior Vice President - Finance, Chief Financial Officer and Secretary of Magal Security Systems Ltd., since February 2010. He joined company in December 2009 as chief financial officer and secretary and has served as senior vice president - finance, chief financial officer and secretary since February 2010. Prior to joining company, Mr. Ovadia served for four years as executive vice president, chief financial officer and vice president of human resources of Haifa Chemicals Ltd. Previously, Mr. Ovadia served as the chief financial officer and vice president of Operations of Elgo Irrigation Ltd. and as financial manager of Shapir Marine and Civil Engineering Ltd., an infrastructure and contracting company. Mr. Ovadia is qualified as a Chartered Public Accountant (Israel) and served as a senior portfolio coordinator at PriceWaterhouseCoopers. Mr. Ovadia holds a B.A. degree in Accounting and Economics and an M.B.A. degree (magna cum laude), both from the Hebrew University of Jerusalem.

Eli Sananes

Mr. Eli Sananes has been appointed as Senior Vice President - Global Sales of Magal Security Systems Ltd., effective June 24, 2012. Mr. Sananes brings with him 20 years of experience in the Hi-tech and the Telecommunications infrastructure industries. Prior to his appointment at Magal, Mr. Sananes served as General Manager of Tejas Israel Ltd., a telecom infrastructure company formerly known as Ethos Networks. Prior to that position, he served as executive VP and business development at NSN Israel and Siemens Communications. Mr. Sananes is a graduate of the Executive MBA program, major in Business Strategy of the Hebrew University in Jerusalem and a B.Sc. in information systems engineering from Ben Gurion University.

Hagai Katz

Mr. Hagai Katz serves as Senior Vice President - Marketing and Business Development of Magal Security Systems Ltd., since July 2010. Previously served as our general manager, Israel division and corporate vice president - marketing and products from January 2009. Prior to joining our company and from 2007, Mr. Katz served as the chief executive officer of Transtech Airport Solutions Ltd. From 2004 to 2007, Mr. Katz served as the chief executive officer of UAV Tactical Systems Ltd., based in the United Kingdom. Prior to that, Mr. Katz served in a number of leading technology companies, including NICE Systems (NASDAQ: NICE), where he served in various senior positions including chief operating officer and President of its video analytics division. Mr. Katz holds a B.A. degree in Computer Sciences from the Technion - Israel Institute of Technology and a M.Sc. degree in Business Engineering from the Ben-Gurion University of the Negev.

Yehonatan Ben Hamozeg

Mr. Yehonatan Ben Hamozeg serves as Senior Vice President – Product Development and Projects of Magal Security Systems Ltd., since January 2009. Mr. Ben Hamozeg joined company in December 2002 and served as vice president - integrated systems development until January 2009. Before joining company, Mr. Ben Hamozeg served in the Israel Defense Forces, or IDF, for 24 years and retired as a Colonel. Mr. Ben Hamozeg holds a B.A. degree in Economics and Statistics and an M.B.A. degree in Business Management, both from Haifa University.

Jacob Even-Ezra

Mr. Jacob Even-Ezra serves as Director of Magal Security Systems Ltd. He has served as a director since 1984 and from 1984 until December 2007, Mr. Even-Ezra served as the chairman of our board of directors. From 1984 until 2006, Mr. Even-Ezra served as chief executive officer, and from 1987 until 1990 he also served as president. Mr. Even-Ezra is currently a member of the Executive Council and the Management Committee of Tel Aviv University. Mr. Even-Ezra also served as the chairman of the Israel Export Institute. Mr. Even-Ezra holds a B.Sc. degree in Electrical Engineering from the Technion - Israel Institute of Technology.

Mark Rosenberg

Mr. Mark Rosenberg serves as Director of Magal Security Systems Ltd., since 2011. From 2001 until 2007, Mr. Rosenberg served as the managing director of JDR Reactive Limited, a property maintenance company that he founded and subsequently sold. Previously, Mr. Rosenberg served as Director of New Business Development and legal officer of Leaf (Pty) Ltd., a South African mobile telecommunications company, Director of the Private Equity, M&A and Black Empowerment Investment Division of Fusion Capital Limited, a South African listed financial services group and as a Senior Manager, Investment Banking Division of Standard Bank of SA Limited. Mr. Rosenberg also served as an Articled Clerk and then as a senior professional with Edward Nathan & Friedland, Attorneys in South Africa and was a University Law Lecturer. Mr. Rosenberg holds a Bachelor of Commerce degree, a Bachelor of Law degree and a Higher Diploma in Company Law, all of which were granted by the University of the Witwatersrand in South Africa.

Shaul Kobrinsky

Mr. Shaul Kobrinsky serves as an Independent External Director of Magal Security Systems Ltd., since July 2004. He is the chairman of Audit Committee. Mr. Kobrinsky has served as the President and Chief Executive Officer of Urdan Industries Ltd., an investment and holding company since 1997. Since 2003, Mr. Kobrinsky has also served as senior managing director of Alagem Capital Group, a Beverly Hills based investment group. Previously, Mr. Kobrinsky served as chief executive officer of Cargal Ltd., an Israeli company that manufactures corrugates and as deputy managing director of Clal Industries Ltd., a holding and investment company. Mr. Kobrinsky is a member of the Antitrust Court of the State of Israel. Mr. Kobrinsky holds a B.A. degree in Economics from Tel Aviv University.

Zeev Livne

Mr. Zeev Livne serves as an Independent Director of Magal Security Systems Ltd., since July 2004. Mr. Livne has served as the chairman of Livne Strategic Consultants Ltd. since 2001. Prior to that, Mr. Livne served in the IDF for 39 years and retired as a Major General. During his long military career, Mr. Livne served as the Defense Attaché to the United States and Canada, Military Secretary to the Prime Minister of Israel and Ground Force Commander. He also established the IDF Home Front Command and served as its first Commander. Mr. Livne serves on the board of directors of PAZKAR Ltd., a private Israeli company. Mr. Livne holds a B.A. degree in History from Tel Aviv University and an M.A. degree in Geography from the University of Haifa.

Jacob Nuss

Mr. Jacob Nuss serves as an Independent Director of Magal Security Systems Ltd., since 1993. Mr. Nuss has served as the vice president - internal auditing of Israel Aircraft Industries Ltd., or IAI, since 2004. He previously served as IAI’s deputy vice president - internal auditing, director of finance of IAI’s electronics group and as assistant to the chairman of the board of directors of IAI. Mr. Nuss holds a B.A. degree in Economics and Business Management from Bar Ilan University and an M.B.A. degree in Business from Tel Aviv University. Mr. Nuss holds a certificate in internal auditing.

Liza Singer

Ms. Liza Singer serves as Independent External Director of Magal Security Systems Ltd., since June 2010. Ms. Singer has served since 2003 as the owner’s representative of the Lewis Trust Group, an investment assessment and development entity that focuses on tourist projects and the development of marine and hotels resorts. During 2007, Ms. Singer also served as the chief operating officer and country manager of Brack Capital Real Estate. Previously, Ms. Singer served as the Vice President of Business Development of the Baran Group, a provider of engineering and construction services, as investment director of Syntek Capital, a private-equity investment company and as an associate at APAX Partners & Co., a venture capital fund. Ms. Singer was also an accountant at Kesselman & Kesselman, the Israeli member firm of PriceWaterhouseCoopers. Ms. Singer has an LLB degree, a B.A. degree in accounting and an M.B.A. degree, all from Tel Aviv University. Ms. Singer is a certified public accountant (Israel) and a registered lawyer with the Israeli Bar Association.

Hadas Friedman

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