Ondas Holdings Says Its Israel-based Operations Are Open And Serving Customers; Says Its CFO Yishay Curelaru Was Drafted To The Israeli Army
Portfolio Pulse from Benzinga Newsdesk
Ondas Holdings' CFO, Yishay Curelaru, has been drafted to the Israeli Army and has temporarily stepped down from his position. The company's President and CEO, Eric Brock, has been appointed as the Interim CFO. The company expects Curelaru to resume his duties in the near future.
October 10, 2023 | 9:21 pm
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Ondas Holdings' CFO has temporarily stepped down due to military draft, with the CEO stepping in as Interim CFO. This could cause some short-term uncertainty.
The temporary stepping down of the CFO could cause some short-term uncertainty among investors, potentially impacting the stock price negatively. However, the company's expectation of the CFO resuming his duties in the near future might mitigate this impact.
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