Lifeward Welcomes Almog Adar as New CFO
In a significant move to bolster its executive leadership, Lifeward Ltd. has announced the appointment of Almog Adar as the new Chief Financial Officer. With a background steeped in finance and a solid track record within the company, Mr. Adar is well-positioned to guide Lifeward through its next phase of growth.
A Strong Addition to Executive Leadership
Mark Grant, the President and CEO of Lifeward, expressed his enthusiasm for the new appointment. He stated, "I am thrilled to welcome Almog to the executive leadership team. He has been an invaluable leader within our finance team and brings thoughtful leadership and a strong commitment to supporting Lifeward’s growth.” This sentiment underscores the confidence the leadership has in Almog’s abilities to drive the company forward.
Almog Adar's Commitment to Lifeward's Future
Mr. Adar commented on his new role, saying, “I am honored to step into the role of Chief Financial Officer at this pivotal moment for Lifeward. We have a tremendous opportunity ahead to build on our strengths, sharpen our execution, and accelerate growth.” His focus will be on developing a clear, disciplined strategy that can strengthen Lifeward's financial foundation while creating lasting value for patients, customers, and shareholders alike.
Building on Previous Experience
Having joined Lifeward in 2020, Almog held various senior positions, including Director of Finance and Corporate Financial Controller. His journey through the ranks of the company has allowed him to gain deep insight into the financial strategies that can enhance operations. Most recently, as Vice President of Finance and Chief Accounting Officer, he played a crucial role in shaping the financial direction of Lifeward.
A Background in Financial Excellence
Before joining the team at Lifeward, Almog Adar accumulated valuable experience as the Controller of Infinya Recycling Ltd. and as Assistant Controller at Delta Galil Industries. His career also includes significant time spent at Ernst & Young, where he developed robust expertise in auditing and financial reporting for public and private entities. This diverse experience lends itself well to understanding the complexities of financial management on a global scale.
Educational Credentials
Mr. Adar holds a Bachelor of Arts degree in Accounting and Economics from the Open University of Israel. Additionally, he is a Certified Public Accountant licensed by the Israeli Ministry of Justice, further establishing his qualifications to lead Lifeward’s financial strategies.
About Lifeward and Its Mission
Lifeward is dedicated to creating innovative medical solutions designed to empower individuals with physical limitations or disabilities. The company operates across the continuum of care, focusing on rehabilitation and recovery. Their commitment to innovation ensures that they deliver transformative products that offer real-world benefits in both clinical settings and everyday life. Lifeward’s impressive product lineup includes transformative solutions like the ReWalk Exoskeleton and the AlterG Anti-Gravity system, which enhance quality of life for countless individuals.
The Lifeward Promise
Founded in 2001, Lifeward has established a presence in the United States, Israel, and Germany, continually driving innovation to better serve its clients. The mission is to develop groundbreaking solutions that support individuals in pursuing their passions, whether at home or in the community. As Lifeward moves forward under Almog Adar’s financial leadership, the focus will remain on meeting the needs of patients and healthcare professionals alike.
Frequently Asked Questions
What does Almog Adar's appointment as CFO mean for Lifeward?
Almog Adar’s appointment signifies a strategic move to enhance Lifeward’s financial operations and support its growth strategy through innovative financial management.
What background does Almog Adar have?
Almog has extensive experience in finance, having held several senior roles at Lifeward, and worked previously at Infinya Recycling Ltd. and Ernst & Young.
How long has Almog Adar been with Lifeward?
He joined Lifeward in 2020 and has progressively taken on more significant roles within the company’s finance department.
What is Lifeward's mission?
Lifeward’s mission is to develop and deliver innovative solutions that transform the lives of individuals with physical limitations through advanced medical technology.
In which countries does Lifeward operate?
Lifeward operates in the United States, Israel, and Germany, focusing on providing solutions for rehabilitation and recovery.
