Dan Goldstein
Non-executive Chairman
Dan, who was appointed to the Board on 2 December 2001, is the founder of Formula Systems and is the chairman and chief executive officer of Formula Vision (FVT), and a director of various companies within the Formula Group. He holds a bachelor’s degree in Mathematics and Computer Sciences and a Masters in Business Administration from Tel-Aviv University in Israel. He is also involved in many associations, and is chairman of The Israeli Association of Publicly Traded Companies.
Amos Sivan
Founder and Non-executive Vice Chirman
Amos is the founder of Formula Telecom Solutions (FTS). He served as the CEO of the company for 12 years and was appointed to the Board on 1 February 1997. He holds a bachelor’s degree in Economics and Management and also has a masters in Business Science from the Leon Recanati Graduate School of Business Administration in Tel Aviv. Prior to the incorporation of the Company, he served from 1981 to 1997 as the billing development director and vice-president in Bezeq – The Israel Telecommunication Corp. Ltd., the national telecommunication operator of Israel. He was the project manager for the Bezeq-1 project, which included implementation of an IT system for order management, network interruptions and failures. He was also involved in IT consulting and management for telecommunication operators outside Israel.
Ronnen Yitzhak
Non-executive Director
Ronnen is the chief financial officer of FVT. He was appointed to the Board on 2 December 2001. He holds a bachelor’s degree in Business Administration specialising in accounting from the Administration College, Tel-Aviv School of Management. He joined the Formula Group in 1993 as the chief financial officer of Sintec Advanced Technologies Ltd. From 1996 to 2000, he served as the vice president of Pinros Holdings Ltd, a company listed on the TASE. Ronnen returned to the Formula Group in 2000 and served as the chief financial officer of Matrix IT Systems Ltd. and, thereafter, of its parent company, Matrix IT Ltd, a company listed on TASE and a subsidiary of Formula Systems.
Eliyahu Shushan
Non-executive Director
Eliyahu was appointed to the Board on 19 May 1999. He is also a director of FTS Global and FTS Russia. Eliyahu is a director and co-founder of the Elgadcom Group Ltd. which conducts business in the fields of infrastructure and hardware product development and operations and services for the telecom industry. As a director and co-founder of Elgadcom Group Ltd., Eliyahu is involved in the international business development of the Elgadcom Group. Eliyahu is also a director of various Elgadcom Group Ltd. Subsidiaries and affiliated companies and is involved in their business activities.
Yael Hershtik
Non-executive Director
Yael was appointed to the Board on 25 April 2005. She holds a bachelor’s degree in Economics and Accounting and a master degree in Business Administration from Tel-Aviv University. She is also a certified public accountant with the Israeli Council of Accountants. She is currently the manager of D.I.S. Ltd and is responsible for the managerial, operational and administrative affairs of the company, which manages boarding schools for youths at high risk. From 1983 to 1997, she was an accountant with Eliav & Co. Ltd, an Israeli accounting firm. From 1998 to 2001 and 2001 to 2003, she was the manager of the premium collection department and manager of the agent’s credit and commissions department respectively in Migdal Insurance and Financial Holdings Ltd. Following Admission, it is intended that Yael will be nominated as an external director.
David Joel Rubin
Non-executive Director
David was appointed to the Board on 25 April 2005. He graduated from the Sloan School of Management, M.I.T., Cambridge, USA with a masters in science and also holds a bachelor’s degree in science from the Polytechnic Institute of Brooklyn, New York. He is currently the chief executive officer and director of Tech Capital Ltd., a private company dealing in investment banking and homeland security. He is also the Chairman of the board of directors of the Israel Venture Capital Advisory Board and of Starling Advanced Communication Ltd. From 1992 to 1995, he was the chairman and managing director of Sintec Advanced Technologies Ltd. From 1995 to 1998, he was economic minister to North America for the Government of Israel and he was the president and chief executive officer of Aura Investments Ltd from 1998 to 1999. From 2000 to 2003, he was the chairman of Sun D’Or International Airlines Ltd.
John Robert Camber Porter
Non-executive Independent Director
John was appointed to the Board on 25 April 2005. He graduated from Oxford University with BA Hons in PPE. He also received a DEA from Paris and a Sloan Fellowship from the graduate school of business of Stanford University.
John is the Chairman of Telos Group, parent of Telos Corp, a leading provider of information assurance, secure wireless networking, and secure credentialing to governmental agencies and the military and intelligence community.
