RA'ANANA, Israel, Feb. 4, 2014 /PRNewswire/ -- NICE Systems
(NASDAQ: NICE) today announced that its Board of Directors
appointed Barak Eilam, President of
NICE Americas, as its new Chief Executive Officer to succeed Zeevi
Bregman, who is retiring from his position to pursue personal
interests. The transition is expected to take place by the end of
April, 2014.
Barak Eilam is currently the
President of NICE Americas, which is a $500
million per year business. Prior to this position, Mr. Eilam
was the head of sales and the general manager of the Enterprise
Group in the Americas. Earlier in his career, he founded and served
as the general manager of the NICE Interaction Analytics Global
Business Unit. In his 15 years with NICE, Mr. Eilam has served in a
variety of executive positions within NICE, managing different
aspects of the business in product development, sales and marketing
and services.
"Barak has a strong track record of building businesses and
delivering results, and has been a major contributor to the growth
and success of NICE. Throughout Barak's career, he has demonstrated
great ability in leading organizations, including product and sales
teams, and introducing new technologies and innovation," said
David Kostman, Chairman of the Board
of Directors of NICE Systems. "Barak's appointment is a clear
demonstration of the depth of management talent at NICE. I am
confident that he is the right person to enable NICE to capitalize
on the many opportunities in the market, and lead the Company to
continued growth in years to come."
Mr. Kostman continued, "On behalf of the Board of Directors, I
want to thank Zeevi for the significant contributions he has made
to NICE over the last five years. Under Zeevi's leadership the
Company has grown substantially, just recently crossing the
$1 billion mark in bookings. The
Company solidified its strategy and has evolved to become a leading
provider of analytic based advanced applications. Zeevi has built a
strong management team and a winning culture, setting a solid
foundation for future growth and success."
"I am very excited to be appointed as the new CEO of NICE and to
lead its winning team and highly skilled management," said Mr.
Eilam. "NICE is a successful, innovative and strong company, with
great people, cutting-edge technologies, and loyal customers and
partners. I am very much looking forward to the many opportunities
ahead."
"After almost five rewarding years at NICE, I have decided to
retire from my position as President and CEO to allow more time to
pursue personal interests," said Zeevi Bregman. "NICE is an
industry leader with a strong market position, solid financials and
great people and technology, and I am confident that Barak,
together with NICE's strong management team, will continue to lead
NICE on the path to future growth and success. I am looking forward
to supporting Barak with the transition process and remaining on
the Company's board. I wish Barak and the entire NICE family
continued success."
About NICE Systems
NICE Systems (NASDAQ: NICE) is the worldwide leading provider of
software solutions that enable organizations to take the next best
action in order to improve customer experience and business
results, ensure compliance, fight financial crime, and safeguard
people and assets. NICE's solutions empower organizations to
capture, analyze, and apply, in real time, insights from both
structured and unstructured Big Data. This data comes from multiple
sources, including phone calls, mobile apps, emails, chat, social
media, video, and transactions. NICE solutions are used by over
25,000 organizations in more than 150 countries, including over 80
of the Fortune 100 companies. www.nice.com.
Corporate Media Contact
Erik
Snider, +1 877 245 7448, erik.snider@nice.com
Investors
Marty Cohen, +1 212 574 3635,
ir@nice.com, ET
Anat Earon-Heilborn, +972 9
775-3798, ir@nice.com, CET
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Systems. All other marks are
trademarks of their respective owners. For a full list of NICE
Systems' marks, please see: www.nice.com/nice-trademarks.
Forward-Looking Statements
This press release contains forward-looking statements as
that term is defined in the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements, including the
statements by Messers Bregman, Kostman and Eilam are based on the
current expectations of the management of NICE-Systems Ltd. (the
Company) only, and are subject to a number of risks and
uncertainties that could cause the actual results or performance of
the Company to differ materially from those described herein,
including but not limited to the impact of the global economic
environment on the Company's customer base (particularly financial
services firms) and the resulting uncertainties; changes in
technology and market requirements; decline in demand for the
Company's products; inability to timely develop and introduce new
technologies, products and applications; difficulties or delays in
absorbing and integrating acquired operations, products,
technologies and personnel; loss of market share; pressure on
pricing resulting from competition; and inability to maintain
certain marketing and distribution arrangements. For a more
detailed description of the risk factors and uncertainties
affecting the company, refer to the Company's reports filed from
time to time with the Securities and Exchange Commission, including
the Company's Annual Report on Form 20-F. The forward-looking
statements contained in this press release are made as of the date
of this press release, and the Company undertakes no obligation to
update or revise them, except as required by law.
SOURCE NICE Systems