Wave Energy Developer, Eco Wave Power, Strengthens Management – Appoints New CFO

2/12/2020 – Stockholm, Sweden- Eco Wave Power (Stock Symbol: ECOWVE) announces today the appointment of Aharon Yehuda as Chief Financial Officer for the Eco Wave Power Group. Mr. Yehuda will begin his employment immediately and will be based in Eco Wave Power’s global headquarters in Tel Aviv, Israel.
Mr. Yehuda joins Eco Wave Power with broad experience in corporate and operational finance, most recently as the CFO of Turbochrome, a subsidiary of the publicly traded TAT-Technologies Group (Nasdaq: TATT), adding jet engine component MRO capabilities to TAT’s suite of services for commercial and military aviation.“Aharon brings Eco Wave Power more than 20 years of leadership roles with a proven track record in complex financial organizations, where he was responsible for leading teams and supporting global operations within a dynamic market environment,” said Inna Braverman , Eco Wave Power’s Founder and and CEO.
“He possesses a profound understanding of global production structures and has experience in leading organizational transformation, as well as building world class financial organizations. With deep functional expertise and technical knowledge in all aspects of corporate finance, financial planning and accounting, I believe Aharon has the required leadership capabilities to strategically manage the company’s growth strategy, enabling the company to move forward towards success and future sustainable growth.”
Mr. Yehuda stated, “I look forward to joining Eco Wave Power’s leadership team and leading its finance organization to contribute to Eco Wave Power’s future success as the company progresses to the next phase of its strategy.”
Mr. Andreas Kihlblom, Eco Wave Power’s current CFO, will continue his work with the company during the upcoming four months, to enable a smooth transition, after which he will be taking a new position in a new venture.
Inna Braverman, CEO of Eco Wave Power said: “ We wish Andreas best of luck with his new engagement, and thank him for the passionate and valuable work that he had performed for Eco Wave Power”.
Aharon Yehuda Bio
Aharon Yehuda has held senior positions at Turbochrome, an Israeli based wholly owned subsidiary of the publicly traded TAT-Technologies Group, adding jet engine component MRO capabilities to TAT’s suite of services for commercial and military aviation. His most recent position was CFO, which he has held since 1999, and Prior to that Mr. Yehuda had a decade of experience providing advisory, IPO and audit services to public and private companies.
Mr. Yehuda is a Certified Public Accountant (CPA) with a BA degree in Accounting and Economics, and also holds a Master in Business Administration (MBA).
About EWPG Holding AB (SE0012569663)
EWPG Holding AB (publ) (“Eco Wave Power”) is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power’s mission is to assist in the fight against climate change by enabling commercial power production from sea and ocean waves.
EWP is recognized as a “Pioneering Technology” by Israel’s Ministry of Energy and was labelled as an “Efficient Solution” by the Solar Impulse Foundation. Furthermore, EWP’s project in Gibraltar has received funding from the European Union Regional Development Fund and from the European Commission’s HORIZON2020 framework program. The company was also recently recognized by the United Nations in receiving the “Climate Action Award”, which was granted to the company during COP25 in Madrid, Spain.
The Eco Wave Power share (ECOWVE) is traded on Nasdaq First North Growth Market.
FNCA is the company’s Certified Advisor (+46 8-528 00 399, info@fnca.se).
Read more about Eco Wave Power at: www.ecowavepower.com
Press images and other media material is available for download via the following link: https://www.ecowavepower.com/gallery/photos/.
For more information, please contact:
Inna Braverman, CEO
inna@ecowavepower.com
+97235094017
Andreas Kihlblom, CFO
andreas@ecowavepower.com
+46 (0)8 420 026 94
Or
Aharon Yehuda, CFO
Aharon@ecowavepower.com
+97235094017