IAI's new chairman of the board, Dov Baharav
Just approved by the Company's Board of Directors is the naming of Mr. Dov Baharav as its new chairman. Baharav was President and CEO of Amdocs Management Ltd. and a member of the Amdocs Board of Directors and its Executive Committee from 2002 to the end of 2010. Baharav became CEO during the 2001 world economic crisis. He quickly returned the company to growth and more than doubled its revenues from $1.4 billion to over $3 billion. The number of Amdocs employees also grew significantly from 10,000 in 2002 to 18,000 in 2011. Baharav joined Amdocs in 1991 as Vice resident and was appointed Chief Financial Officer (CFO) in 1995, a position he held until being named President and CEO. Prior to joining Amdocs, Baharav acted as Chief Operating Officer of Optrotech Ltd., a publicly held company that develops, manufactures and markets electro-optical devices. Baharav is also a member of the board of Mellanox, Chairman of the Board of Directors at SeamBI,and a member of the board at the Israel Democracy Institute.