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Posted 05 April, 2023

Save Foods Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:SVFD in a 8-K filed on 05 April, 2023.


  Effective as of April 1, 2023, the Board of Directors of Save Foods, Inc. (the "Company") temporarily appointed David Palach, Chief Executive Officer, as Interim Chief Financial Officer (principal financial and accounting officer) while Lital Barda is on maternity leave.  

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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
Save Foods Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


Effective as of April 1, 2023, the Board of Directors of Save Foods, Inc. (the "Company") temporarily appointed David Palach, Chief Executive Officer, as Interim Chief Financial Officer (principal financial and accounting officer) while Lital Barda is on maternity leave. Upon Ms. Barda's return from maternity leave, Ms. Barda will return to her role as the Chief Financial Officer (principal financial and accounting officer) and Mr. Palach will continue in his role as Chief Executive Officer. The Board of Directors appointed Mr. Palach due to, inter alia, his financial expertise and existing leadership role with the Company thereby ensuring a smooth transition during Ms. Barda's maternity leave. Biographical information for Mr. Palach is available in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2022, filed with the Securities and Exchange Commission on March 27, 2023, and such information being incorporated herein by reference. Mr. Palach will not receive additional compensation in connection with his role as Interim Chief Financial Officer.