– ISRAEL, Tel Aviv-Yafo – Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced the nomination of Efrat Makov for his election to its Board as an independent director at the next 2022 AGM on October 3, 2022.
The company also announced that Yael Langer will resign from the Board, at AGM on October 3, 2022.
“We are pleased to nominate Efrat Makov for election to the Ceragon Board,” continued Mr. Zisapel. “We conducted a comprehensive search aided by an independent search firm for industry leaders with the experience and expertise to help accelerate Ceragon’s strategy. Ms. Makov will bring valuable and highly relevant industry knowledge and experience that will help us create more shareholder value by executing our strategic plan driving profitable growth, as well as exploring other strategic alternatives as applicable. We believe the Board will benefit from Efrat’s extensive strategic, financial and public board experience including in the telecommunications sector. We are confident that our Board will benefit from her fresh perspectives and look forward to working closely with her as Ceragon builds on its momentum.” said Board Chairman, Zohar Zisapel.
About Efrat Makov
Efrat Makov has extensive telecom and public company director experience. Ms. Makov is currently serving as a director of Allot ltd., iSPAC 1 Ltd., and B Communications Ltd. Ms. Makov previously served as a director of BioLight Life Sciences Ltd.; Kamada Ltd.; and Anchiano Therapeutics Ltd. Previously, she served as the CFO of Alvarion, an Israeli-based global provider of autonomous wi-fi networks, and as the CFO of Aladdin Knowledge Systems. Formerly, she served as Vice President of Finance at Check Point Software Technologies. Earlier in her career, she spent seven years in public accounting with Arthur Andersen LLP in its New York, London, and Tel Aviv offices.
Ms. Makov said, “I am honored to have this opportunity to serve on the Board and leverage my experience to accelerate Ceragon’s strategic plan. I look forward to the chance to support Ceragon as it continues to execute its strategy and generate superior shareholder value. Together, I am confident that we can further strengthen the Company’s global position in an attempt to maximize value for shareholders.”
Ms. Makov holds a B.A. degree in accounting and economics from Tel Aviv University and is a Certified Public Accountant in Israel and the United States.
About Ceragon Networks
Ceragon Networks Ltd. is the global innovator and leading solutions provider of 5G wireless transport. We help operators and other service providers worldwide increase operational efficiency and enhance end customers’ quality of experience with innovative wireless backhaul and fronthaul solutions. Our customers include service providers, public safety organizations, government agencies, and utility companies, which use our solutions to deliver 5G & 4G broadband wireless connectivity, mission-critical multimedia services, stabilized communications, and other applications at high reliability and speed.
Ceragon’s unique multicore technology and disaggregated approach to wireless transport provide highly reliable, fast-to-deploy, high-capacity wireless transport for 5G and 4G networks with minimal use of spectrum, power, real estate, and labor resources. It enables increased productivity, as well as simple and quick network modernization, positioning Ceragon as a leading solutions provider for the 5G era. We deliver a complete portfolio of turnkey end-to-end AI-based managed and professional services that ensure efficient network rollout and optimization to achieve the highest value for our customers. Our solutions are deployed by more than 400 service providers, as well as more than 800 private network owners, in more than 150 countries.
For more information: https://www.ceragon.com/
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