Verimatrix appoints COO Asaf Ashkenazi as CEO alongside Amedeo D’Angelo remaining as Executive Chairman

– FRANCE, Meyreuil –  Verimatrix (EPA: VMX) today announced the appointment of current COO Asaf Ashkenazi as CEO effective Monday, August 1st, 2022, succeeding Amedeo D’Angelo who remains Executive Chairman.

“This evolution and reinforcement of the Verimatrix governance structure aligns well with the company’s needs as we further the progression of our business model. I look forward to working closely with Asaf in his newly expanded role as CEO during this strategic development of Verimatrix,” said Executive Chairman, Amedeo D’Angelo.

About Asaf Ashkenazi

Asaf Ashkenazi joined Verimatrix in 2018. He will lead the company’s ongoing business model transformation announced last year, focusing on recurring subscription-based revenue sources and new products.

Previously leading the company’s R&D, product, sales, and marketing operations, Asaf Ashkenazi will continue to harness his distinct mix of cybersecurity expertise and management successes. His previous positions included key roles at companies such as Qualcomm and Motorola.

About Verimatrix

Verimatrix helps power the modern connected world with security made for people. We protect digital content, applications, and devices with intuitive, people-centered, and frictionless security. Leading brands turn to Verimatrix to secure everything from premium movies and live streaming sports to sensitive financial and healthcare data, to mission-critical mobile applications. We enable the trusted connections our customers depend on to deliver compelling content and experiences to millions of consumers worldwide Verimatrix helps partners get to market faster, scale quickly protect valuable revenue streams, and win new business.

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