Kornit Digital has appointed CFO Guy Avidan as president of its new business unit focused on accelerating the digital transformation of the textile industry to sustainable on-demand production.
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| 'A huge opportunity for Kornit to leverage the success of the Custom Gateway acquisition': Kornit Digital CEO Ronen Samuel |
“The inflection point in the textile industry and the massive shift to e-commerce continues to accelerate the need to digitally transform the supply chain and adopt on-demand sustainable textile production,” said a company press release. “The newly formed business line will focus on enabling brands, retailers, and marketplaces to realize the benefits of digitization by connecting to the most suitable on-demand production and logistics operations, while ensuring consistency, quality and brand integrity.”
Ronen Samuel, Kornit Digital’s CEO, said: “Interest in adopting our cloud workflow platform and network for on-demand sustainable production is extremely strong. We believe there is a huge opportunity here for Kornit to build a significant incremental business and leverage the success of the Custom Gateway acquisition, which serves as the foundation for this strategic initiative. I am confident that Guy will lead this strategic initiative to great success and would like to thank him for his contribution to Kornit’s success in his years of service as our CFO.”
Guy Avidan, Kornit Digital’s CFO, added: “Kornit is on an amazing journey and I am honoured to have had the privilege of taking the company public as CFO and am now excited to take on this next opportunity to lead the continued execution of Kornit’s vision. This new business line will play an integral part in Kornit’s evolution as the leader in digital transformation of the textile industry.”
The company also announced the appointment of Alon Rozner as its next chief financial officer, effective December 1, 2020.
“I am pleased to welcome Alon Rozner to Kornit as our new CFO,” said Samuel. “Alon brings more than 20 years of financial management experience to the role, and his exceptional leadership capabilities will be essential as we continue to execute on our profitable growth strategy.”
In his latest role, Rozner served as the CFO of Orbotech, a leading global supplier of yield-enhancing and process-enabling solutions for the electronics manufacturing industry. During his 13-year tenure at Orbotech he served in a broad range of senior finance, business and operational positions, including executive management positions in the company’s operations in Asia Pacific. Prior to Orbotech, Rozner was as an accountant for Ernst & Young – Israel.
“I am excited to join Kornit as it continues to transform the textile industry and scale profitably,” said Rozner. “Kornit is extremely well positioned to capture the massive opportunity and I look forward to working with the team to achieve our goals and create value for all our stakeholders.”
Kornit Digital develops, manufactures and markets industrial digital printing technologies for the garment, apparel and textile industries.
