YEHUD, Israel, June 20, 2012 /PRNewswire/ --
Magal Security Systems Ltd. (NASDAQ GMS: MAGS) announced today the appointment of Mr. Eli Sananes as its new Senior Vice President of Global Sales as of June 24th. Mr. Eli Sananes will be replacing Mr. Asaf Even Ezra, who has served in various positions at Magal for 17 years and is leaving to pursue new challenges.
Mr. Sananes brings with him 20 years of experience in the Hi-tech and the Telecommunications infrastructure industries. Prior to his appointment at Magal, Mr. Sananes served as General Manager of Tejas Israel Ltd., a telecom infrastructure company formerly known as Ethos Networks. Prior to that position, he served as executive VP and business development at NSN Israel and Siemens Communications. Mr. Sananes is a graduate of the Executive MBA program, major in Business Strategy of the Hebrew University in Jerusalem and a B.Sc. in information systems engineering from Ben Gurion University.
Mr. Eitan Livneh, CEO of Magal, said, "I would like to welcome Eli to the Magal team. Given his background, I believe Eli will be a very valuable asset for us, enabling our long-term future growth. I wish him every success in his new position. "Continued Mr. Livneh, "I would also like to thank Mr. Asaf Even Ezra for his long and valuable contribution to Magal over the many years. We wish him much luck and success in his future endeavors." About Magal S3 Magal S3 is a leading international provider of security, safety and site management solutions and products. Over the past 42 years, Magal S3 has delivered tailor-made solutions and turnkey projects to hundreds of satisfied customers in over 80 countries in some of the world's most demanding locations.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts