Adgorithms’ shareholders approve appointment of Barak Salomon, Ofir Gomeh as non-exec directors

Israeli advertising software developer Adgorithms Ltd (LON:ADGO), which in June this year listed successfully on AIM, has just announced the results of an extraordinary general meeting held earlier today.

The main purpose of the EGM was to vote on proposals originally unveiled in August about appointing Barak Salomon and Ofir Gomeh as external directors and independent non-executive directors of Adgorithms.

The shareholders today approved the proposals and, as a result, the appointments are now effective.

Barak Salomon has significant experience in private equity investments in the technology and industrial sectors. Mr Salomon is a Partner at Q3P, an investment group focusing in industrial investments, and serves as board member at Friedrich Plastic Industries Ltd, a manufacturer of plastic moulds and plastic parts. Before that, he served at Viola Private Equity, a technology growth capital and buyout fund. Prior to that he worked in the Technology group of Apax Partners in Israel.

Ofir Gomeh is a certified public accountant in Israel. Currently, he serves as the CEO of Clal Sun, the renewable energy arm of Clal Industries. Before joining Clal Sun, Mr Gomeh was the CFO of Rafael Development Company (RDC). He has also held various positions in the finance department of NASDAQ-listed Elron Electronic Industries, as well as at KPMG.

To view the official announcement about the results of today’s meeting, click here.

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