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Stock impact report

ZOOZ Power Announces CEO Transition

ZOOZ Power Ltd. - Ordinary Shares (ZOOZ) 
Company Research Source: GlobeNewswire
Lod, Israel, May 15, 2024 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ), a leading provider of flywheel-based power boosting solutions for the EV charging infrastructure market, today announced that subject to shareholder approval, Avi Cohen, Executive Chairman, will assume the role of Interim CEO, succeeding Boaz Weizer, who will step down effective June 1, 2024. ZOOZ has initiated a thorough search process to identify its next CEO to lead the company into the next phase of its growth. Avi Cohen will serve as Interim CEO until a new CEO is appointed. Mr. Eyal Bloom, Chief Revenue Officer, will assume the role of Interim CBO (Chief Business Officer) responsible for all outbound customer facing functions including sales, marketing and customer service. Ms. Ruth Smadja, Chief Financial Officer, will assume the role of Interim COO (Chief Operating Officer) responsible for all other functions including finance, operations and R&D. Mr. Cohen is a distinguished business le Show less Read more
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