Ethernity Networks names Ayala Deutsch as CFO

14th Feb 2024 09:10

(Sharecast News) - Data processing semiconductor technology supplier Ethernity Networks has appointed Ayala Deutsch to the board as the company's new chief financial officer.

Ethernity said on Wednesday that Deutsch, who joined the company back in January 2019 as vice president of finance, has already been managing the firm's CFO duties since August 2023.

Chief executive David Levi said: "I've been working with Ayala for over five years, and she has consistently demonstrated leadership, strategic thinking and commitment to our financial success. I look forward to continuing to work together as we pursue growth of the business."

As of 1200 GMT, Ethernity shares were up 5.74% at 1.08p.

Reporting by Iain Gilbert at Sharecast.com