Guy Bernstein has served as a director of the Company since January 1, 2007 and
was appointed Chairman of the Board of Directors on November 12, 2009. Mr. Bernstein
has served as the chief executive officer of Formula, our parent company, since
January 2008. From December 2006 to November 2010, Mr. Bernstein served as a director
and the chief executive officer of Emblaze Ltd. or Emblaze, our former controlling
shareholder. From April 2004 to December 2006, Mr. Bernstein served as the chief
financial officer of Emblaze. He also served as a director of Emblaze from April
2004 until November 2010. Prior to joining Emblaze, Mr. Bernstein served as Chief
Financial and Operations Officer of Magic Software, a position he held since 1999.
Mr. Bernstein joined Magic Software from Kost Forer Gabbay & Kasierer, a member
of EY Global, where he acted as senior manager from 1994 to 1997. Mr. Bernstein
also serves as Chief Executive Officer of Magic Software and Chairman of the Board
of Matrix IT Ltd. Mr. Bernstein is a Certified Licensed Public Accountant and
holds a BA in Accounting and Economics from Tel Aviv University.
Roni Al Dor joined the Company as President and Chief Executive Officer in
November 2005 and has served as a director of the Company since November 2005.
Prior to joining the Company, Mr. Al Dor was one of the two founders of TTI
Team Telecom International Ltd., or TTI, a global supplier of operations support
systems to communications service providers and from August 1996 until 2004,
Mr. Al Dor served as President of TTI. Prior to that, Mr. Al Dor served as TTI’s
Co-President from November 1995 until August 1996 and its Vice President from
September 1992 to November 1995. During his service in the Israeli Air Force,
Mr. Al Dor worked on projects relating to computerization in aircrafts. Mr.
Al Dor is a graduate of the military computer college of the Israeli Air Force,
studied computer science and management at Bar Ilan University and attended
the Israel Management Center for Business Administration.
Eyal Ben-Chlouche has served as a director of the Company since August 15,
2008, Mr. Ben-Chlouche served as the Commissioner of Capital Market Insurance
and Savings at the Israeli Ministry of Finance from 2002 through 2005, where
he was responsible for implementation of fundamental reforms in pension savings.
Prior to that, he served as a Deputy Commissioner of Capital Market Insurance
and Savings and as a Senior Foreign Exchange and Investment Manager in the Foreign
Exchange Department of the Bank of Israel. He also served as an Investment Officer
in the Foreign Exchange Department of the Bank of England, in London. Mr. Ben-Chlouche
served as Chairman of the Board of Directors of the Shahar Group, Chairman of
the Advisory Board of Directors of the Shekel Group until the end of 2007 and
serves as a director of Matrix IT Ltd. and Migdal Holding Ltd. Mr. Ben-Chlouche
also serves on the Board of Directors of several other private companies. Mr.
Ben-Chlouche also serves as Chairman of the Advisory Board of the Caesarea Center
for Capital Markets and Risk Management. In 2005, Mr. Ben-Chlouche served as
a member of the Bachar Committee on Capital Market Reform in Israel. Mr. Ben-Chlouche
is an independent director.
Naamit Salomon has served as a director of the Company since September 2003.
She held the position of Chief Financial Officer of Formula from August 1997
until December 2009. Since January 2010 Ms. Salomon has served as a partner
in an investment company. Ms. Salomon also serves as a director of Magic. From
1990 through August 1997, Ms. Salomon was a controller of two large, privately
held companies in the Formula Group. Ms. Salomon holds a BA in economics and
business administration from Ben Gurion University and an LL.M. from the Bar-Ilan
University.
Yacov Elinav has served as a director of the Company since March 2005. For
over 30 years, Mr. Elinav served in various positions at Bank Hapoalim B.M.,
which is listed on the London and Tel Aviv Stock Exchanges, including over 10
years as a member of the Board of Management, responsible for subsidiary and
related companies. From 1992 through 2006, Mr. Elinav served as Chairman of
the Board of Directors of Diur B.P. Ltd., the real estate subsidiary of Bank
Hapoalim. From August 2004 until 2009, Mr. Elinav served as Chairman of the
Board of Directors of DS Securities and Investments, Ltd. From August 2004 through
2008, Mr. Elinav served as Chairman of the Board of Directors of DS Provident
Funds Ltd., and from 2010 until August 2015, served as Chairman of the Board
of Directors of Golden Pages Ltd.. Mr. Elinav also serves on the Board of Directors
of several other public and private companies. Mr. Elinav is an independent
director.
Uzi Netanel has served has a director of the Company since March 2005. He has
served as chairman of the Board of Directors of Maccabi Enterprise Development
& Management Ltd., and as Chairman of Maccabi Group Holdings Ltd. from 2005
through 2011. From 2004 through 2007, Mr. Netanel served as Chairman of Board
of Directors of M.L.L Software & Computers, and from 2000 through 2011 served
as a director of Bazan and Carmel Olephine. From 2001 through 2003, Mr. Netanel
served as partner in the FIMI Opportunity Fund. From 1993 through 2001, he served
as Active Chairman of Israel Discount Capital Markets and Investments Ltd. From
1997 to 1999, Mr. Netanel served as Chairman of Poliziv Plastics Company (1998)
Ltd. From 2005 through 2014, he served as director of Maman Group and from 2012
through 2014, he served as director of Gadot Biochemicals. Mr. Netanel also
serves on the Board of Directors of Acme Trading, Scope Metals Ltd. (external
director), Assuta Health Centers, and Maccabi Health Services. Mr. Netanel is
an independent director.
Roni Giladi joined the Company as Chief Financial Officer in July 2007. Prior
to joining the Company, Mr. Giladi served as the Director of Finance at Emblaze
from January 2007. Prior to joining Emblaze, Mr. Giladi served as Chief Financial
Officer of RichFX, from August 2003 until November 2006, after serving as Corporate
Controller from June 2002. Prior to RichFX, Mr. Giladi worked at EY Israel,
from 1997-2002, as a manager in the high-tech practice group. Mr. Giladi is
Certified Licensed Public Accountant and holds a BA in Business Management and
Accounting from the College of Management in Israel.
Sapiens International Corp N V currently has 2376 employees.
