IN BRIEF: BATM Advanced Communications chair of 10 years leaves board

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BATM Advanced Communications Ltd - Israel-based provider of network infrastructure, cybersecurity and diagnostic technologies - Gideon Chitayat steps down as chair on Thursday last week and will leave the board on Thursday this week. Chitayat has been a board member since 2010 and chair since 2015. He is replaced by Gil Sharon, who joined the board earlier this month, bringing ‘significant’ telecommunications industry experience, BATM says.

During Chitayat’s time as a director and chair, says Chief Executive Officer Moti Nagar,‘ we have transformed as a business, and he leaves BATM in a much stronger position with a reinvigorated strategy and purpose.’

Current stock price: 16.20 pence for £70.9 million market capitalisation

12-month change: down 13%

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