Core Viewpoint - Gauzy Ltd. announced the resignation of Michael Donnelly from its Board of Directors for personal reasons, effective immediately, while expressing gratitude for his contributions to the company [1][2]. Company Overview - Gauzy Ltd. is a fully-integrated company specializing in vision and light control technologies, focusing on research, development, manufacturing, and marketing to enhance user experiences across various industries [3]. - The company is headquartered in Tel Aviv, Israel, with subsidiaries in Germany, France, the United States, Canada, China, Singapore, and the United Arab Emirates, serving leading brands in aeronautics, automotive, and architecture across over 60 countries [3]. Leadership Commentary - Michael Donnelly expressed his privilege in working with Gauzy and optimism about the company's future growth and shareholder value creation [2]. - Eyal Peso, Co-Founder and CEO, acknowledged Donnelly's instrumental role in the company's growth and long-term strategy development, wishing him success in future endeavors [2]. Board Dynamics - The Board and management of Gauzy expressed appreciation for Donnelly's service, confirming that his resignation was not due to any disagreement with the company or its management [2].
Gauzy Ltd. Provides Update on Board of Directors