InMode announced the appointment of Dr. Shlomo Nass as Chairman of the Board and Moshik Itzkovich as Chief Financial Officer, with both appointments effective immediately.
Dr. Nass succeeds Dr. Michael Anghel, who retired earlier this month. According to the company, Nass brings extensive experience in corporate law, accounting, governance, and audit oversight, along with years of advising public and private companies on regulatory and financial matters.
At the same time, the company named Moshik Itzkovich as CFO. Itzkovich previously served as Senior Vice President of Finance at InMode and held several senior finance roles within the company. He replaces Yair Malca, who stepped down earlier this month and will continue serving as a consultant through at least the company’s Annual General Meeting to support the leadership transition.
InMode CEO Moshe Mizrahy said the appointments support the company’s long-term strategic priorities and governance initiatives. The company also thanked both outgoing executives, Michael Anghel and Yair Malca, for their years of service and contributions to InMode’s development as a publicly traded company.
Founded in Israel, InMode develops, manufactures, and markets medical devices based on radiofrequency technology. Its products are used across plastic surgery, dermatology, gynecology, otolaryngology, and ophthalmology applications.
KEY QUOTES:
“We are pleased to welcome Shlomo as Chairman of the Board. His deep expertise in corporate governance, financial oversight, and regulatory matters, combined with his extensive leadership experience, will be invaluable as we continue to execute our strategic priorities and drive long-term shareholder value.”
“On behalf of the Board and management team, we thank Michael Anghel for his many years of commitment and service to InMode and wish him all the best going forward.”
“Having partnered closely with Yair over the last three years, Moshik brings continuity, financial expertise, and strategic insight to this role. We are confident he is well positioned to build on our strong financial foundation and support the Company’s long-term objectives.”
“We thank Yair for his many years of exceptional service. His leadership and contributions have been instrumental to our success, and he played a key role in our transition to a publicly traded Company. He leaves InMode with a very strong balance sheet and solid operational and financial foundations in place for his successor. We are grateful for his lasting impact on the Company.”
Moshe Mizrahy, Chief Executive Officer, InMode