Perion Network appoints Doron Gerstel as CEO
Mr. Gerstel comes to Perion with over 20 years of executive-level experience in technology companies. Perion is the fifth company which Mr. Gerstel will lead as CEO. His last three positions were at Panaya, Nolio Ltd., and Syneron.
Mr. Gerstel has served as CEO of technology companies since 1999. As CEO of Panaya, he initiated strategic changes, culminating in Panaya's acquisition by IT giant Infosys in 2015.
Prior to Panaya, Mr. Gerstel served as CEO of Nolio Ltd., where he expanded the company's field operation and product delivery capabilities to support Fortune 1000 customers. Nolio was acquired by CA Technologies in 2013, under Mr. Gerstel's leadership.
Additionally, he has held CEO positions at Syneron and Zend Technologies.
Mr. Gerstel holds a B.Sc. in Economics and Management from the Technion, and an MBA from Tel Aviv University.
He succeeds Josef Mandelbaum, following Perion's announcement from September 27, 2016, that he would step down as CEO in the coming months.
Perion CFO Yacov Kaufman will serve as interim CEO of the company to ensure a smooth transition. ■