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Lifeward Names Almog Adar as New CFO, Strengthening Executive Leadership
ReWalkReWalk(US:LFWD) Globenewswireยท2025-08-13 12:00

Core Insights - Lifeward Ltd. has appointed Almog Adar as the new Chief Financial Officer, succeeding his previous role as Vice President of Finance and Chief Accounting Officer [1][3] - The appointment is seen as a strategic move to support the company's growth and strengthen its financial foundation [2][3] Company Overview - Lifeward is a global leader in innovative medical technology aimed at transforming the lives of individuals with physical limitations or disabilities [1][6] - The company designs, develops, and commercializes solutions that provide functional and health benefits in both clinical and home settings [6] - Lifeward's product portfolio includes notable innovations such as the ReWalk Exoskeleton, AlterG Anti-Gravity system, MyoCycle FES System, and ReStore Exo-Suit [6] Leadership Background - Almog Adar joined Lifeward in 2020 and has held various senior roles, contributing to the company's financial strategy and operations [3][4] - Prior to Lifeward, Mr. Adar gained extensive experience in financial management at Infinya Recycling Ltd. and Delta Galil Industries, as well as auditing at Ernst & Young [4][5] - He holds a Bachelor of Arts degree in Accounting and Economics and is a Certified Public Accountant licensed in Israel [5] Strategic Vision - Mr. Adar expressed commitment to enhancing Lifeward's execution and accelerating growth through a disciplined strategy [3] - The company aims to leverage its strengths to create lasting value for patients, customers, and shareholders [3] Company History - Lifeward was founded in 2001 and operates in the United States, Israel, and Germany [7] - The company's mission focuses on relentless innovation to improve the lives of individuals with physical limitations or disabilities [6]