Wednesday, May 9, 2007

BluePhoenix CFO Iris Yahal to Leave

BluePhoenix Solutions Ltd., an Israeli computer technology company, said Wednesday its chief financial officer Iris Yahal will resign, effective June 1.
Yahal has been chief financial officer for 12 years. She will become an executive strategic adviser to company management and work on special assignments for the chief executive.

She will be replaced by Varda Sagiv, currently chief financial officer of the company's Formula Ventures, a venture capital fund.

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