Edition:
United Kingdom

On Track Innovations Ltd (OTIV.OQ)

OTIV.OQ on NASDAQ Stock Exchange Capital Market

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19 Jul 2018
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Summary

Name Age Since Current Position

James Medford

65 2017 Independent Chairman of the Board

Shlomi Cohen

53 2016 Chief Executive Officer, Director

Assaf Cohen

33 2018 Chief Financial Officer

Larry Susman

52 2017 Vice President - Sales

Amir Eilam

35 2012 Vice President – Research and Development

Nehemya Itay

65 2016 Vice President - Hardware Engineering and Chief Scientist

Yeela Haggai-Levy

2017 General Counsel, Secretary

William Anderson

47 2015 Independent Director

Donna Marks

61 2016 Independent Director

Michael Soluri

46 2017 Independent Director

Biographies

Name Description

James Medford

Mr. James Scott Medford is Independent Chairman of the Board of the Company. Mr. Medford has over 35 years of experience in the fields of AIDC (automatic identification and data capture), encompassing early introduction to bar coding, wireless technology, speech recognition and RFID (Radio-Frequency Identification). From 1990 to 2006, Mr. Medford served as a Vice President at Intermec Technologies, where he developed various departments. During 2006, Mr. Medford was a partner at Genesta Partnership, which designs and deploys systems in manufacturing and logistics, where he also managed projects for Fortune 100 companies. From 2008 to 2015, Mr. Medford served as a Senior Vice President of Sales at Impinj, a manufacturer of RFID integrated circuits, devices and software. Since 2015, Mr. Medford has served as Chief Sales Officer at Invengo International Pte Ltd., a leading provider of RFID technology and solutions, focused on growing the American and European markets, mainly in the retail segments. Mr. Medford currently provides consulting services to numerous high tech solution companies and investment firms, and since 2015 has served as Chairman of LMC, Ltd, a UK based company providing solutions to the international rail and transportation industry.

Shlomi Cohen

Mr. Shlomi Cohen is Chief Executive Officer, Director of the Company. Mr. Cohen currently serves as the Company’s Chief Executive Officer. Prior to joining the Company, Mr. Cohen, served as president and Chief Executive Officer of RayV Technologies Ltd. from 2012 until it was acquired by Yahoo! in 2014. Prior to that and from 2010 to 2012, Mr. Cohen served as president of Europe Middle-East Africa for NICE Systems Ltd (Nasdaq: NICE). Mr. Cohen has also held sales positions with a number of leading technology companies, including Nokia (2007-2010), Siemens (2003-2007), BATM Advanced Communications (1998-2002) and Eldor Computers (1990-1995). Mr. Cohen holds an M.B.A. from the Bar Ilan University and a B.SC. in mechanical engineering from the Tel-Aviv University. The Company believes Mr. Cohen’s professional and corporate experience make him suitable to serve as a director of the Company.

Assaf Cohen

Mr. Assaf Cohen is Chief Financial Officer of the Company. He became the Chief Financial Officer at OTI Global in 2018 Previously, he served as OTI’s controller and deputy CFO since 2015 and has been responsible for the company’s global finance departments. Previously, Assaf served as company controller at Samgal Ltd., and before that served as Senior CPA at Ernst & Young. Assaf received a B.A. in Economics and Accounting from the University of Haifa and is a Certified Public Accountant in Israel.

Larry Susman

Mr. Larry Susman serves as Vice President - Sales of the Company. Prior to OTI, Larry headed the sales and marketing department at Shekel Scales and has over 25 years of extensive international business experience with expertise in the retail and medical markets. Part of Larry’s experience comes from when he worked at Retalix (acquired by NCR in 2013) for over 10 years as an integral part of the executive team. Larry was the key account management for Tesco, one of the largest retailers in the world. He was also responsible for the vision, development and international sales of Retalix’s successful Warehouse to POS Solution.

Amir Eilam

Mr. Amir Eilam serves as Vice President – Research and Development of On Track Innovations Ltd. Amir has been with OTI since 2005, acting first as embedded software engineer, and then as manager of the Firmware and Petroleum departments, specializing in operating system design for embedded products. Amir holds a B.Sc. in Electronics Engineering from Ort Brauda College of Engineering in Israel.

Nehemya Itay

Mr. Nehemya Itay is Vice President - Hardware Engineering and Chief Scientist of the Company. He has been OTI’s Vice President-Hardware Engineering since July 1995. From 1990 to 1995, he was employed by OTI as a research and development engineer and was a company director from 1991 to 1999. Nehemya is a member of the Joint Task Committee of the International Standards Organisation on standards for contactless smart cards. Prior to joining OTI, he was a hardware development engineer at Electro-Galil, an Israeli manufacturer of radio frequency-based identification cards. Previously, he was a hardware electronic engineer at Elscint, an Israeli technology company. Nehemya holds a B.Sc. in Electrical Engineering from The Technion (The Israeli Institute of Technology) and an M.Sc in electronics from Drexel University, Philadelphia.

Yeela Haggai-Levy

Ms. Yeela Haggai-Levy is General Counsel, Secretary of the Company. Ye'ela joined our team in 2017, before OTI, Ye’ela held the position of Legal Advisor at Zim Integrated Shipping Services Ltd. Prior to Zim, she served as an associate attorney at Hyman Spector & Mars, LLP, in Miami, FL and S. Friedman & Co., in Haifa, Israel. Ye’ela holds a BA in Political Economics from the University of California, Berkeley and a Juris Doctorate (JD) from the University of San Francisco School of Law.

William Anderson

Mr. William Carl Anderson, III, is an Independent Director of the Company. Mr. Anderson was elected as an External Director under the Companies Law in 2014 to hold office for a three-year term that commenced on May 26, 2014. On May 24, 2017, Mr. Anderson was reappointed to serve as a Director until the Meeting. Mr. Anderson is the founder of AmpThink LLC, a wireless solutions company focused on building large, complex, wireless networks employing different technologies including low and high frequency RFID, wireless bridging, WiFi, near field communications and Bluetooth. AmpThink has led the delivery of networks for three recent major American football sporting events. Mr. Anderson has been acting as Chief Executive Officer of AmpThink LLC since its incorporation in 2011. Prior to AmpThink, Mr. Anderson was co-founder of Genesta, a wireless systems integrator specializing in the design and deployment of warehouse automation systems, where from 2000 to 2011, Mr. Anderson acted as Chief Technology Officer. In this position, Mr. Anderson helped create solutions for clients such as Con Edison, Frito-Lay, and Sara Lee. Mr. Anderson holds a degree in Economics and Philosophy from Boston College and a Master’s degree in Management Science from The State University of New York at Oswego.

Donna Marks

Ms. Donna Seidenberg Marks is Independent Director of the Company. Ms. Seidenberg Marks is a Certified Public Accountant with a wide variety of experience serving clients in various industries over her 37 years in the practice of public accounting. From March 2011 through March 2014, Ms. Seidenberg Marks served as a director at the Fuoco Group, LLC, a certified public accounting firm that provides audit, tax and consulting services to its clients throughout its five locations in Florida and New York. Prior to joining the Fuoco Group, Mrs. Seidenberg Marks was the managing partner of her own firm, Donna Seidenberg, PA and served as a Managing Director at American Express Tax and Business Services (which merged into the international accounting firm of RSM International). Her practice includes performing audits, reviews and compilations of financial statements, preparing tax returns, and rendering consulting services, including forensic accounting and expert witness testimony in mediations and litigation matters in her areas of specialization. Her experience also includes consulting on Sarbanes-Oxley implementation. Ms. Seidenberg Marks is a frequent speaker at local and national meetings of the Community Associations Institute for which she serves on its National Business Partners Council, and is a past President and Treasurer of its local chapter. Ms. Seidenberg Marks earned a B.A. in Business Administration degree in Accounting (magna cum laude) from the University of South Florida in 1978, and is a member of the Florida Institute of Certified Public Accountants.

Michael Soluri

Mr. Michael Soluri is Independent Director of the Company. Mr. Soluri is a technology sales executive with expertise in global direct IT sales within the finance, manufacturing and retail industries and the internet of things field. From 1993 to 1995, Mr. Soluri served as the Sales Director of Ameriquest Technologies, a company digitizing existing processes. From 1995 to 1997, Mr. Soluri served as the Executive Sales Director of Siemens Data Communications, where he focused on smart switching technologies and intelligent data hub markets. From 1998 to 2015, Mr. Soluri served as the Executive Manager, Global Client Services at the Imaging, Software and Solutions Division of Lexmark International, and since 2016 has served as the Chief Revenue Officer and Vice President of EDM Group that focuses on information management for organizations.

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