NETANYA, Israel, December 4 /PRNewswire-FirstCall/ -- RADA Electronic Industries Ltd. (NASDAQ:RADA) Announced today the appointment of Shiri Lazarovich as the company's Chief Financial Officer. Shiri, who has been the company's controller since 2004, joined RADA after spending five years with PricewaterhouseCoopers, Israel as a manager in the accounting, assurance and business advisory services department.
Mrs. Lazarovich earned a double bachelor's degree in Accounting and in Economics from the Hebrew University of Jerusalem and is a Certified Public Accountant in Israel.
Commenting on Shiri appointment, Mr. Zvika Alon, RADA's CEO said: "We are delighted to announce that Shiri is our new CFO. She has proven herself a significant member of our executive team and has in-depth knowledge of our company and industry. We welcome Shiri and are confident that she will make substantial contributions to RADA's future success." Mrs. Lazarovich succeeds Elan Sigal, who served as CFO since January 2004. "I want to thank Elan for his contribution to RADA over the past four years" said Mr. Alon.
About RADA RADA Electronic Industries Ltd. is an Israel based company involved in the military and commercial aerospace industries. The Company specializes in Avionics systems (Digital Video Recorders, Ground Debriefing Stations, Stores Management Systems, Flight Data Recorders, Inertial Navigation Systems), Trainers Upgrades, Avionics systems for the UAV market, and Electro optic cameras for airplanes and armored vehicles.
Note: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risk uncertainties and other factors include, but are not limited to, changes in general economic conditions, risks in product and technology developments, market acceptance of new products and continuing product demand, level of competition and other factors described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.
Contact: Shiri Lazarovich - C.F.O
RADA Electronic Industries Ltd. Tel: +972-9-8921111
DATASOURCE: Rada Electronic Industries Ltd CONTACT: Contact: Shiri Lazarovich - C.F.O., RADA Electronic Industries Ltd., Tel: +972-9-8921111
|