• The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
Menu
  • The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
  • BOS CEO Steps Down, Company Brings in Outsider Replacement

    October 2, 2006 Timothy Prickett Morgan

    Better On-line Solutions, the Israeli maker of midrange connectivity products sold in the U.S. through BOSaNOVA, said last week that its president and chief executive officer, Adiv Baruch, has turned in his resignation and will leave the company at the end of the year.

    Baruch has been president and CEO since January 2004, and he was responsible for a number of acquisitions and divestures that have substantially changed what BOS does for a living. When Baruch came on board at the end of 2003, BOS had sales of $5.5 million and a net loss of $2 million. As he leaves, BOS is humming along at an annual revenue rate that is approximately $20 million (after raising $7 million in venture capital and making four acquisitions and selling off its communications unit) and is in what it calls “operational balance.” That means it is poised to start making money.

    “I came to the company with a three-year mission to turn the company around,” Baruch explained in a statement. “Now that the company is well positioned with its new business units to move successfully ahead, I am leaving with a sense of accomplishment.”

    Baruch will be replaced by Shmuel Koren, who will take over the role as president and CEO in November. Koren was previously the chief financial officer at Visonic, a maker of electronic security systems based in Tel Aviv. Before that, Koren was a senior manager who specialized in Israeli initial public offerings at Oren and Horowitz, an accounting firm. Baruch will be a member of the BOS board of directors until the end of 2006. Edouard Cukierman remains chairman of the BOS board of directors.

    RELATED STORY

    Better On-line Solutions Reports Mixed Results in Q2

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Tags: Tags: mtfh_rc, Volume 15, Number 39 -- October 2, 2006

    Sponsored by
    OCEAN User Group

    OCEAN TechCon22 – July 21-23, 2022
    Three Days of Inspiration & Innovation!
    In-Person & Online

    Join your IBM i Community for hands-on learning from technical presentations and workshops, plus a Vendor Solutions Expo. Technically, We’re passionate about continuing education on the IBM Power Systems platform!

    Register Now!

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Admin Alert: Setting the Record Straight on iSeries Access and ODBC Freeware Kevin Juenemann’s Quick Query Utility

    Leave a Reply Cancel reply

TFH Volume: 15 Issue: 39

This Issue Sponsored By

    Table of Contents

    • IBM Shoots Down Quad-Core Power5+ Modules for the System i
    • AIX’s Partition Relocation Support Pushed to 2007; i5/OS V5R5 Support Unclear
    • Bang for the Buck: Big Iron Boxes, Even Bigger Bucks
    • IBM to Try Selling Technical Services as Products
    • Shearer Talks Up the Strengths of the System i
    • LTO Tape Drives a Smashing Success
    • Chip Makers Embrace Co-Processors, Again
    • InfiniBand Gets iSCSI Tweaks to Support Storage
    • COMMON is Fun Again
    • BOS CEO Steps Down, Company Brings in Outsider Replacement

    Content archive

    • The Four Hundred
    • Four Hundred Stuff
    • Four Hundred Guru

    Recent Posts

    • DRV Brings More Automation to IBM i Message Monitoring
    • Managed Cloud Saves Money By Cutting System And People Overprovisioning
    • Multiple Security Vulnerabilities Patched on IBM i
    • Four Hundred Monitor, June 22
    • IBM i PTF Guide, Volume 24, Number 25
    • Plotting A Middle Age Career Change To IBM i
    • What Is Code Transformation Even?
    • Guru: The CALL I’ve Been Waiting For
    • A Frank Solstice
    • The Inevitable Wave Of Power9 Withdrawals Begins

    Subscribe

    To get news from IT Jungle sent to your inbox every week, subscribe to our newsletter.

    Pages

    • About Us
    • Contact
    • Contributors
    • Four Hundred Monitor
    • IBM i PTF Guide
    • Media Kit
    • Subscribe

    Search

    Copyright © 2022 IT Jungle

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.