Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Ethernity appoints new VP of marketing and business development

(Sharecast News) - Data processing technology specialist Ethernity Networks announced the appointment of Ilan Tevet as its new vice-president of marketing and business development on Friday. The AIM-traded firm said that in the role, Tevet would be instrumental in identifying fresh avenues to capitalise on the company's core strengths, driving its business expansion.

With more than 25 years of experience, Ethernity said Tevet previously held key positions in sales, business development, product management, and marketing.

His career had been marked by a focus on hardware, software, and software-as-a-service (SaaS) networking and security solutions for communication service providers, utilities and government organisations.

Tevet had a track record of nurturing enduring and profitable relationships with technology partners, the board added.

Before joining Ethernity, Tevet served as a founding member and chief marketing officer of Iron Nation, an emergency venture capital fund established to support Israeli startups affected by the conflict with Hamas.

Prior to that, he spent six years as vice-president of marketing and business development at RAD, a specialist in access solutions.

"I've known Ilan for over two decades and I am thrilled he decided to join the Ethernity team," said chief executive officer David Levi.

"I eagerly anticipate witnessing the accomplishments of our exceptional team under his guidance to drive further growth."

At 1127 GMT, shares in Ethernity Networks were down 3% at 1.07p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Apollo to buy IGT Gaming and Everi in $6.3bn deal
(Sharecast News) - Apollo Global Management has agreed to buy International Game Technology's gaming and digital business - IGT Gaming - and gambling machines firm Everi Holdings in a $6.3bn cash deal.
3M comfortably beats expectations for Q2 revenue, earnings
(Sharecast News) - American industrial conglomerate 3M announced a strong set of second-quarter results on Friday, comfortably beating market expectations as it narrowed its guidance for the full-year towards the top end of its previous expectations.
Law Debenture delivers 'solid' overall first-half performance
(Sharecast News) - Law Debenture Corporation reported a robust first-half performance in both its investment and independent professional services (IPS) business on Friday.
GCP Infrastructure reports slight decrease in NAV per share
(Sharecast News) - GCP Infrastructure Investments said in an update on Friday that its unaudited net asset value per share was 107.58p as at 30 June, a slight decrease from 107.62p at the end of March.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.