Nano Dimension’s Board of Administrators has appointed Dr. Yoav Nissan-Cohen as Chairman of the Board, efficient instantly. Yoav Stern will proceed as the corporate’s CEO and Director. Along with this, Col. (Ret.) Channa Caspi has stepped down from the Board on account of private medical circumstances – decreasing the Board from 9 to eight administrators.

Dr. Nissan-Cohen joined Nano Dimension’s Board of Administrators in December 2022. His profession covers nearly 40 years of scientific analysis, know-how growth, and govt administration within the high-tech business. He began his profession as a analysis scientist within the Common Electrical R&D Heart, in New York. He holds a Ph.D. diploma in Physics from the Hebrew College of Jerusalem.

In 1988 Dr. Nissan-Cohen joined Nationwide Semiconductor as a know-how growth supervisor, and in 1993 he was one of many founders of Tower Semiconductor (Nasdaq: TSEM), the place he served as a CEO, took the corporate public in NASDAQ, and constructed a $1.5B superior semiconductor facility.

Dr. Nissan-Cohen is the Chairman of TeraCyte, a biotechnology firm that developed a platform for prime throughput temporal evaluation of dwell single-cells, with breakthrough functions for analysis, discovery, and growth of recent medication and therapies.

In 2002 he joined Pitango as a enterprise companion, and in 2004 he got here again to his entrepreneurial origin and took the Chairman and CEO place in Amimon, a semiconductor firm that gives the one answer for zero-latency wi-fi digital camera hyperlink for varied functions reminiscent of working rooms in hospitals and TV and movie productions.

Dr. Nissan-Cohen can be the Chairman of Visionlab, an organization specializing in superior vision-based options for industrial and navy functions. He based and managed a number of different corporations, together with a three way partnership with Emmy Award-winning administrators to convey game-changing options to movie and TV productions. Presently, Dr. Nissan-Cohen additionally serves as an govt board member in Weebit, a semiconductor firm creating a brand new class of semiconductor recollections.

“We’ve thought of suggestions from our shareholders, in addition to the suggestions of governance consultants, ISS and Glass Lewis, and have determined to make adjustments to our Board that we consider will evolve and improve our company governance. As we transfer into the subsequent part of executing our strategic plan, separating the Chairman and CEO roles is a vital step in strengthening Nano’s governance practices and rising unbiased oversight by the Board. We stay dedicated to sustaining the best stability of sturdy and constant management to information Nano within the years forward, whereas delivering worth for our shareholders,” stated Yoav Stern, CEO of Nano Dimension. “On a private degree, it’s a distinctive alternative for me to have the ability to work intently with Dr. Nissan-Cohen, gaining from his huge expertise and distinctive enterprise and management imaginative and prescient. I look ahead to studying from him and to excel along with him for the betterment of Nano Dimension, its shareholders, and all different related constituencies.”

“I’m assured in Nano, and I look ahead to working with Yoav, my fellow Board members, and the administration staff as we proceed to execute Nano’s technique and drive worth for shareholders,” stated Dr. Nissan-Cohen.

“Nano, and me personally, are unhappy to half methods with Channy. She has constantly made impactful contributions to Nano and offered skilled steerage to our groups along with her private {and professional} insightful enter. On behalf of all the Board and administration staff, I want to want Channy a speedy restoration and return again to full wholesome performance, and we’re all extremely grateful for her priceless knowledge and devoted service. We and me individually had been very lucky to have her as a novel and integral a part of us,” added Mr. Stern.