Current co-CEOs will split roles – Doron Cohen to be Chairman, Ran Strauss – CEO
Leading provider of platform technology for forex brokerages and financial institutions Leverate has announced that it is starting 2014 with a management restructuring at the top level. Until the 1st of January Doron Cohen and Ran Strauss will keep running the company as co-CEO’s, after that Mr. Strauss will become the sole CEO of the Leverate, while Mr. Cohen will assume the role of Chairman of the Board of Directors.
Changes at the helm of the company are rather cosmetic in nature and are not signaling any day-to-day shift in operations. They are more a result of the ongoing expansion of Leverate and are presenting a defined structure where roles are distributed in a solid defined structure.
Doron Cohen will take care of leading the board of directors while monitoring management’s performance and handle investor relations. He stated that Leverate has grown from a 4 man startup into a 150 employee global technology company rather quickly and they have decided to create a concise management structure that would be more adequate for the fast pace of development and the current size of the company.
The new Leverate CEO Ran Strauss has expressed his continued commitment to future success of the top technology provider and its clients. He stated that the company expects continued growth and to maintain its prowess in delivering more even more technological solutions of highest quality.
Undoubtedly it is a great idea for Leverate. They have been growing steadily in a global environment and having a clear management structure is a must.
The company has recently announced announced the addition of advance charting and technical analysis features to its Sirix platform based on HTML5, which is available for web and mobile usage and has started offering Bitcoin trading functionality for forex and CFD brokers.