Ault (NASDAQ:AULTE)
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From May 2019 to May 2024
Ault Incorporated (Nasdaq:AULTE) announced today that
Lyron Bentovim is joining the Company's Board of Directors, effective
immediately.
Mr. Bentovim is managing director of Skiritai Capital, a San
Francisco-based investment adviser and the Company's largest
shareholder.
"We look forward to having someone of Lyron's experience and
background on the Board," commented Fred Green, Ault's president and
chief executive officer. "I'm sure that Ault will benefit from his
knowledge and depth of expertise."
Prior to forming Skiritai Capital, Mr. Bentovim served as
president of WebBrix Inc., a business providing physical space and
services to on-line retailers. Prior to WebBrix, Mr. Bentovim worked
for various consulting firms including USWebricks, the Mitchell
Madison Group and McKinsey & Company. Mr. Bentovim has also worked as
a foreign exchange trader and served as a tank commander in the
Israeli Defense Forces. He has an MBA from Yale and a law degree from
Hebrew University in Jerusalem.
Ault is a leading manufacturer of power conversion products
headquartered in North America. The Company is a major supplier to
original equipment manufacturers of wireless and wire line
communications infrastructure, computer peripherals and handheld
devices, medical equipment, industrial equipment and printing/scanning
equipment.
Statements regarding Ault's anticipated future performance are
forward-looking and therefore involve risks and uncertainties that
could cause results or developments to differ significantly from those
indicated in the forward-looking statements. These include, but are
not limited to: market conditions in the global electronics industry,
buying patterns of major customers, competitive products and
technologies, the ability to control expense growth, and other factors
set forth in the Company's filings with the Securities and Exchange
Commission.