Leverate, a provider of software solutions for brokers, is making management changes following its strong growth. Doron Cohen is stepping down from co-CEO and will assume the role of Chairman of the Board of Directors. Ran Strauss will continue as the sole CEO and will handle the day-to-day company activities.
For more details, here is the official press release:
December 19, 2013 – Leverate announces today that Doron Cohen is to become the Leverate Chairman of the Board of Directors, while Ran Strauss will assume the position of sole CEO of the company. Previously both Cohen and Strauss shared the helm as co-CEOs of Leverate.
Cohen will now focus on managing the board of directors, monitoring company and management performance as well as managing investor relations. Strauss will handle all of the day-to-day operations of the company and ensure that Leverate meets and exceeds forecasts and expectations.
“Leverate quickly grew from a four-man start-up to a 150-employee-strong global technology company in less than six years,” comments Leverate Chairman Doron Cohen. “We decided to create a clearer management structure that would better fit the company size, and be conducive to continuing our fast pace of growth.”
“I am proud and excited to take the reins of Leverate and I am committed to the continued success of ourselves and of our clients,” notes Leverate CEO Ran Strauss. “We foresee significant growth in our new and existing business during the next few years, and in order to achieve this, we will be delivering more technology solutions of the highest calibre.”
The transition to the new roles will take place on January 1, 2014.