Starcom PLC Appointment of CFO (2337P)
30 August 2017 - 4:01PM
UK Regulatory
TIDMSTAR
RNS Number : 2337P
Starcom PLC
30 August 2017
30 August 2017
Starcom Plc
("Starcom", "the Group" or "the Company")
Appointment of New Chief Financial Officer
The board of Starcom is pleased to announce that Mr. Golan
Hermolin has been appointed as Chief Financial Officer of Starcom
with immediate effect. It has become increasingly clear, in view of
the expected growth in the business, that the Group now requires a
full time CFO. Mr Shenig, the Group's current CFO, felt unable to
provide his services on such a basis due to other demands on his
time. He will therefore resign from the board with effect from 30
September but will continue to perform his role through this
transitional period. Mr. Hermolin will not be appointed to the
board of Starcom at this time.
Michael Rosenberg, Chairman of Starcom, commented, "We thank Udi
for his valuable contribution to the Group and wish him well for
the future."
Mr Hermolin (aged 49) is a CPA and has a degree in Business and
Accounting from the University of Tel Aviv. In addition, he had a
number of years of education in the US at Oberlin College, Ohio and
Yale University. He began his career in 1998 working as a Chief
Project Officer for Jaffa Municipalities in Tel Aviv, before moving
to KPMG where he worked as a senior associate and Supervisor. He
then became Group Financial Controller at Opticana Group, where he
was responsible for all IFRS reporting to the board. From 2014
until July 2017, he was CFO of DekelOil Public Limited, an AIM
listed palm oil production company.
-ends-
This announcement contains inside information.
For further information, please contact:
Starcom Plc
Michael Rosenberg, Chairman 07785 727 595
Avi Hartmann, CEO +972 5430 70103
+972 3619 9901
Northland Capital Partners Limited (Nominated Adviser and Broker) 020 3861 6625
Edward Hutton / David Hignell (Corporate Finance)
John Howes (Sales and Broking)
Peterhouse Corporate Finance (Joint Broker) 020 7469 0930
Lucy Williams / Charles Goodfellow / Eran Zucker
Leander PR (Financial PR) 020 7520 9267
Christian Taylor-Wilkinson 07795 168 15
This information is provided by RNS
The company news service from the London Stock Exchange
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