– ISRAEL, Rishon LeTsiyon – Better Online Solutions Ltd. (NASDAQ: BOSC), a global provider of intelligent systems and services for production and logistics, today announced that its shareholders approved the appointment of Michael Osborne to its Board of Directors.
“We are pleased to announce Michael’s addition to the board. He is our first U.S.-based board member, and we believe that his broad experience across a variety of segments, particularly in the U.S. market, will prove extremely valuable,” said Eyal Cohen, BOS Co-CEO and CFO.
The Company also announced that Yosi Lahad, Chairman of the Board, was not re-elected to BOS’ Board of Directors. The Company expects to appoint a new Chairman at its next board meeting.
About Michel Osborne
Mr. Osborne brings over 25 years of manufacturing experience across diverse industries. A resident of Chicago, Illinois, Osborne is currently a partner at Mirus Capital Advisors, where he primarily advises manufacturing businesses.
Earlier in his career, Osborne served as Senior Vice President, Corporate Development for Sparton Corporation, a publicly-held electronics contract manufacturer. At Sparton, his team led the successful execution of 14 buy-side transactions and returned the company to profitability and growth in revenue. Mr. Osborne currently serves on the Board of Directors for IEC Electronics, a publicly-traded provider of electronic manufacturing services to advanced technology. He also held progressive executive and senior management roles with Ford Motor Company, and General Motors Corporation of Canada.
Mr. Cohen added, “We would like to thank Yosi for his service with BOS since 2015. Yosi has provided valuable leadership to our board as we planned and executed our strategic plan. We wish him well in his future endeavors.”
Osborne holds a Bachelor of Science degree in Manufacturing Systems Engineering from Kettering University and a Masters of Jurisprudence degree in Business Law from Loyola University, Chicago School of Law.
B.O.S is a global provider of intelligent systems and services for production and logistics. BOS’ Robotics and RFID Division offers intelligent robotics and RFID systems for industrial and logistics processes as well as for retail store management. BOS’ Supply Chain Division provides electronic components, mainly for the aerospace, defense and other industries worldwide. Its services include the consolidation of components from a vast number of suppliers, long term scheduling and kitting.
For more information: http://www.boscorporate.com
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