Gilat Swaps Out CEOs

Gilat announces changes in executive management

October 31, 2011

1 Min Read

PETAH TIKVA, Israel -- Gilat Satellite Networks Ltd. (Nasdaq:GILT) today announced that its Board of Directors has appointed Erez Antebi as Chief Executive Officer of the Company, effective January 1, 2012. Amiram Levinberg, Gilat's current CEO and Chairman of the Board intends to continue to serve as Chairman of the Board.

Mr. Antebi currently holds the position of Gilat's Executive Advisor for Ka Band solutions. Previously, Mr. Antebi held the position of Chief Executive Officer of Gilat's equipment business unit (Gilat Network Systems - GNS) for five years, including two years in which he also headed Spacenet Rural Communications.

"Erez Antebi has been leading our entry to the new market of spot-beam satellites and Ka Band technology and was instrumental in Gilat being awarded the consumer initiatives Astra2Connect in Europe and Optus-NBN Co in Australia. He has proven his excellent operational and executive capabilities time and again. With Erez's leadership, market focus, unrelenting drive and passion for the Company's future, I am confident that Gilat will continue to grow profitably in the future," said Mr. Levinberg.

Gilat Satellite Networks Ltd. (Nasdaq: GILT)

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