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Posted 06 April, 2023

Save Foods Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:SVFD in a 8-K filed on 06 April, 2023.


  In connection with the terms of the Agreement, Save Foods agreed to appoint, effective upon the Closing of the Agreement, Dr. Roy Borochov, Chief Executive Officer of Plantify, as a Class II director of the Company.  

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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
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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


In connection with the terms of the Agreement, Save Foods agreed to appoint, effective upon the Closing of the Agreement, Dr. Roy Borochov, Chief Executive Officer of Plantify, as a Class II director of the Company.


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The biographical information for Dr. Borochov appears below:


Dr. Roy Borochov, age 48, has served as a Class II director of the Company since April 5, 2023. Since December 2020, Dr. Borochov has also served as the chief executive officer of Mercury Investment Fund and the founder and owner of OLEA since 2000. Dr. Borochov has also served as chairman of ParaZone Drone Safety Systems since February 2022 and as a member of the board of directors of Peas of Bean since March 2021. Prior to that, from September 2018 to September 2020, Dr. Borochov was the Head of Agriculture at Prospera Technologies Ltd., and from November 2016 to September 2017, he served as chief technology officer and project co-lead of Forrest Innovations Ltd. Prior to that, from January 2015 to September 2017, Dr. Borochov served as the president of Forrest Innovations USA Inc., and from 2009 to 2015, he served in various roles at the Israeli Bio Organic Agriculture Association, including as its chief executive officer and chief orchard instructor. Dr. Borochov holds a Ph.D, M.Sc. and B.Sc. in Plant Science from the Hebrew University of Jerusalem.


Other than that which is disclosed herein, there are no arrangements or understandings between Dr. Borochov and any other persons pursuant to which he was appointed to serve as a Class II director of the Company and there are no family relationships between Dr. Borochov and any director or executive officer of the Company. Dr. Borochov has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.