Posted 24 January, 2024
Ondas Holdings Inc. appointed new CEO
CEO Change detected for ticker Nasdaq:ONDS in a 8-K filed on 24 January, 2024.
As a result, Eric Brock, Chairman, Chief Executive Officer and President of the Company, was appointed Interim Chief Financial Officer of the Company, on and effective October 9, 2023.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Ondas Holdings Inc.
Retail/Wholesale • Specialty Retail
Ondas Holdings, Inc. engages in the development, marketing, and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks. It operates through the Ondas Networks and Ondas Autonomous Systems segments. The Ondas Networks segment provides wireless connectivity solutions enabling mission-critical Industrial Internet applications and services. The Ondas Autonomous Systems segment designs, develops, and markets commercial drone solutions via the Optimus System and Scout System. The company was founded in 2006 and is headquartered in Marlborough, MA.Market Cap
$76.7M
View Company Details
$76.7M
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously reported on Ondas Holdings Inc.'s (the "Company") Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on October 10, 2023, Yishay Curelaru, the Company's Chief Financial Officer, was drafted to the Israeli army and temporarily stepped down from his position as the Company's Chief Financial Officer. As a result, Eric Brock, Chairman, Chief Executive Officer and President of the Company, was appointed Interim Chief Financial Officer of the Company, on and effective October 9, 2023. On January 22, 2024, Mr. Curelaru was re-appointed as the Company's Chief Financial Officer of the Company, effective immediately. Mr. Curelaru continues to serve as the Company's Treasurer and Secretary. Biographical information for Mr. Curelaru is set forth in the Company's Current Report on Form 8-K filed with the SEC on September 21, 2023, and incorporated herein by reference. Material compensatory information between the Company and Mr. Curelaru is set forth in the Company's Current Report on Form 8-K filed with the SEC on September 29, 2023, and incorporated herein by reference. There are no related party transactions between the Company and Mr. Curelaru which would require disclosure under Item 404 of Regulation S-K. In connection with the re-appointment of Mr. Curelaru as the Company's Chief Financial Officer, Mr. Brock resigned as Interim Chief Financial Officer of the Company, on and effective January 22, 2024. Mr. Brock continues to serve as the Company's Chairman, Chief Executive Officer, and President.
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