Posted 06 January, 2021
Save Foods Inc. appointed new CEO
CEO Change detected for ticker Nasdaq:NITO in a 8-K filed on 06 January, 2021.
On January 5, 2021, Mr. Dan Sztybel notified the board of directors of Save Foods, Inc. (the "Company") regarding his resignation from his position as co-Chief Executive Officer of the Company, effective as of January 11, 2021, to focus his efforts on his position as the Chief Executive Officer of Save Foods Ltd., the Company's subsidiary.
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Overview of Save Foods Inc.
Basic Materials/Resources • Chemicals
N2OFF, Inc. operates as an agri-food tech company. It specializes in eco crop protection that helps to reduce food waste and ensure food safety while reducing the use of pesticides. The firm's geographical segments include United States, Mexico, Israel and Turkey. Its products include SpuDefender and FreshProtect. The SpuDefender is designed to control the post-harvest potato sprout. The FreshProtect is designed to control spoilage-creating microorganisms on post-harvest citrus fruit. The company was founded by Nimrod Ben-Yehuda on April 1, 2009 and is headquartered in Neve Yarak, Israel.Market Cap
$5.21M
View Company Details
$5.21M
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 5, 2021, Mr. Dan Sztybel notified the board of directors of Save Foods, Inc. (the "Company") regarding his resignation from his position as co-Chief Executive Officer of the Company, effective as of January 11, 2021, to focus his efforts on his position as the Chief Executive Officer of Save Foods Ltd., the Company's subsidiary. Mr. Sztybel stated that his resignation was not due to any disagreements with the Company on any matter relating to the Company's operations, policies or practices. Upon Mr. Sztybel's resignation, Mr. David Palach, the Company's current co-Chief Executive Officer, shall assume all duties and serve as the sole Chief Executive Officer of the Company. Mr. Palach has served as the Company's co-Chief Executive Officer since November 5, 2020. 1
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