{"id":386790,"date":"2020-11-23T09:03:28","date_gmt":"2020-11-23T14:03:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386790"},"modified":"2020-11-23T09:03:28","modified_gmt":"2020-11-23T14:03:28","slug":"kornit-digital-to-establish-a-new-global-business-line-dedicated-to-digital-on-demand-production-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kornit-digital-to-establish-a-new-global-business-line-dedicated-to-digital-on-demand-production-management\/","title":{"rendered":"Kornit Digital to Establish a New Global Business Line Dedicated to Digital On-Demand Production Management"},"content":{"rendered":"<div class=\"mw_release\">\n<ul type=\"disc\">\n<li style=\"margin-top:6pt\">\n          <strong>G<\/strong><br \/>\n          <strong>uy Avidan, <\/strong><br \/>\n          <strong>the <\/strong><br \/>\n          <strong>Company\u2019s CFO<\/strong><br \/>\n          <strong>,<\/strong><br \/>\n          <strong>to assume leadership <\/strong><br \/>\n          <strong>of the new business<\/strong><br \/>\n          <strong> line<\/strong>\n        <\/li>\n<li style=\"margin-top:6pt\">\n          <strong>Tech industry veteran, <\/strong><br \/>\n          <strong>Mr. <\/strong><br \/>\n          <strong>Alon Rozner<\/strong><br \/>\n          <strong>, <\/strong><br \/>\n          <strong>to<\/strong><br \/>\n          <strong> succeed Guy Avidan as <\/strong><br \/>\n          <strong>CFO<\/strong><br \/>\n          <strong>effective<\/strong><br \/>\n          <strong>December 1<\/strong><br \/>\n          <strong>, 2020 <\/strong>\n        <\/li>\n<\/ul>\n<p>ROSH HAAYIN, Israel, Nov.  23, 2020  (GLOBE NEWSWIRE) &#8212; Kornit Digital (Nasdaq: KRNT), a company that develops, manufactures and markets industrial digital printing technologies for the textile industry, announced today the appointment of Guy Avidan as President of its newly formed business line focused on accelerating the digital transformation of the textile industry to on-demand sustainable production. The Company also announced the appointment of Alon Rozner as its next Chief Financial Officer, effective December 1, 2020.<\/p>\n<p>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. 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.<\/p>\n<p>\u201cInterest 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,\u201d said Ronen Samuel, Kornit Digital\u2019s CEO. \u201cI am confident that Guy will lead this strategic initiative to great success and would like to thank him for his contribution to Kornit\u2019s success in his years of service as our CFO.\u201d<\/p>\n<p>\u201cKornit is on an amazing journey and I am honored 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\u2019s vision. This new business line will play an integral part in Kornit\u2019s evolution as the leader in digital transformation of the textile industry,\u201d said Guy Avidan, Kornit Digital\u2019s CFO.<\/p>\n<p>\u201cI am pleased to welcome Alon Rozner to Kornit as our new CFO. 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,\u201d said Ronen Samuel.<\/p>\n<p>In his latest role, Mr. Rozner served as the CFO of Orbotech, a leading global supplier of yield-enhancing and process-enabling solutions for the electronics manufacturing industry. Orbotech was traded on NASDAQ (NASDAQ: ORBK) until its acquisition by KLA (NASDAQ: KLAC) in February 2019. 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\u2019s operations in Asia Pacific. Prior to Orbotech, Mr. Rozner served as chief financial officer of Wintegra Inc. a Fabless semiconductor company and as an accountant for Ernst &amp; Young \u2013 Israel. He is a CPA and holds a B.A. in Business Administration and Accounting from The Israeli College of Management.<\/p>\n<p>\u201cI am excited to join Kornit as it continues to transform the textile industry and scale profitably,\u201d said Rozner. \u201cKornit 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.\u201d<\/p>\n<p>\n        <strong>About Kornit Digital<br \/><\/strong>Kornit Digital Ltd. (NASDAQ: KRNT) develops, manufactures and markets industrial digital printing technologies for the garment, apparel and textile industries. Kornit delivers complete solutions, including digital printing systems, inks, consumables, software and after-sales support. Leading the digital direct-to-garment printing market with its exclusive eco-friendly NeoPigment printing process, Kornit caters directly to the changing needs of the textile printing value chain. Kornit\u2019s technology enables innovative business models based on web-to-print, on-demand and mass customization concepts. With its immense experience in the direct-to-garment market, Kornit also offers a revolutionary approach to the roll-to-roll textile printing industry: digitally printing with a single ink set onto multiple types of fabric with no additional finishing processes. Founded in 2002, Kornit Digital is a global company, headquartered in Israel with offices in the USA, Europe and Asia Pacific, and serves customers in more than 100 countries worldwide.<\/p>\n<p>\n        <strong>Investor Contact:<\/strong><br \/>\n        <br \/>Kelsey Turcotte<br \/>The Blueshirt Group<br \/>(917) 842-0334<br \/>Kelsey@blueshirtgroup.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDc4MiMzODQwMDI4IzIwMTY5MjI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/0376ebe9-891d-4f93-8bc5-bdaac9582281\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>G uy Avidan, the Company\u2019s CFO , to assume leadership of the new business line Tech industry veteran, Mr. Alon Rozner , to succeed Guy Avidan as CFO effective December 1 , 2020 ROSH HAAYIN, Israel, Nov. 23, 2020 (GLOBE NEWSWIRE) &#8212; Kornit Digital (Nasdaq: KRNT), a company that develops, manufactures and markets industrial digital printing technologies for the textile industry, announced today the appointment of Guy Avidan as President of its newly formed business line focused on accelerating the digital transformation of the textile industry to on-demand sustainable production. The Company also announced the appointment of Alon Rozner as its next Chief Financial Officer, effective December 1, 2020. The inflection point in the textile industry and the massive shift &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kornit-digital-to-establish-a-new-global-business-line-dedicated-to-digital-on-demand-production-management\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kornit Digital to Establish a New Global Business Line Dedicated to Digital On-Demand Production Management&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386790","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kornit Digital to Establish a New Global Business Line Dedicated to Digital On-Demand Production Management - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kornit-digital-to-establish-a-new-global-business-line-dedicated-to-digital-on-demand-production-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kornit Digital to Establish a New Global Business Line Dedicated to Digital On-Demand Production Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"G uy Avidan, the Company\u2019s CFO , to assume leadership of the new business line Tech industry veteran, Mr. Alon Rozner , to succeed Guy Avidan as CFO effective December 1 , 2020 ROSH HAAYIN, Israel, Nov. 23, 2020 (GLOBE NEWSWIRE) &#8212; Kornit Digital (Nasdaq: KRNT), a company that develops, manufactures and markets industrial digital printing technologies for the textile industry, announced today the appointment of Guy Avidan as President of its newly formed business line focused on accelerating the digital transformation of the textile industry to on-demand sustainable production. The Company also announced the appointment of Alon Rozner as its next Chief Financial Officer, effective December 1, 2020. 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