RRsat Global Communications Network Ltd. (NASDAQ: RRST), a leading provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, today announced the appointment of Mr. David Aber as its new Chief Financial Officer. Mr. Gil Efron, the current CFO, has decided to pursue new opportunities and will continue at the company through the transition period.
Mr. David Rivel, Founder and CEO of RRsat stated: "Gil has been an integral part of the company's management for the past 5 years and led our successful IPO in October 2006. On behalf of management, our employees and shareholders, I thank him for his dedicated and professional service and wish him much success in his future endeavors."
Mr. Rivel added: "We are fortunate that Mr. Aber decided to join our team. Mr. Aber has an impressive track record and is very well qualified for the position of CFO in the Company. We wish him success in his new position."
Mr. Aber, has held several CFO positions in the technology and communications industries with early stage as well as publicly traded companies. Mr. Aber was CFO of DSP Communications from 1997-1999 where he managed the financial operations of this New York Stock Exchange - traded company, which was ultimately acquired by Intel for $1.6 billion. He was also CFO of Zen Research plc during its $100 million float on the London Stock Exchange.
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