Verimatrix has appointed Asaf Ashkenazi its CEO, effective August 1.
Amedeo D’Angelo, chairman and CEO since 2015, will remain executive chairman of Verimatrix effective the same day.
Ashkenazi joined Verimatrix in 2018 and currently serves as its COO. He will lead the company’s ongoing business model transformation announced last year that focuses on recurring subscription-based revenue sources and new products.
Commenting on the development, D’Angelo said: “This evolution and reinforcement of the Verimatrix governance structure aligns well with the company’s needs as we further the progression of our business model.
“I look forward to working closely with Asaf in his newly expanded role as CEO during this strategic development of Verimatrix”.
Previously leading the company’s R&D, product, sales and marketing operations, Ashkenazi will continue to harness his distinct mix of cybersecurity expertise and management successes.
His previous positions included key roles at companies such as Qualcomm and Motorola.
