FONT-SIZE Plus   Neg

Retalix Names Sarit Sagiv CFO - Quick Facts

Retalix Ltd. (RTLX) announced that Sarit Sagiv shall serve as its Chief Financial Officer, effective April 19, 2012. Sagiv will succeed Hugo Goldman, who has resigned to pursue other opportunities. The company noted that Goldman will continue full-time with Retalix until May 15, 2012 and on a consultancy basis thereafter.

Sagiv joins Retalix from Quantum Pacific Group, an international private group of businesses, where she is a management member and serves as a board member of Pacific Drilling SA (PACD). Prior to joining the Quantum Pacific Group, from 2007 until 2010, Sagiv served as Vice President Finance of Amdocs Limited. Prior to that, she served as Finance Director of the Emerging Markets Division of Amdocs. Prior to Amdocs, Sagiv served as Chief Financial Officer of Orad Hi-Tec Systems Ltd., and Cimatron Ltd.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Bond management titan Bill Gross has filed suit against his former employer, PIMCO, for breach of contract related to his ouster from the company. Gross is looking for damages of at least $200 million for forcing him out of the company, according to court filings. Gross claims that other managers conspired to push him out of the firm he co-founded in order to improve their own finances. Large U.S. companies are holding trillions of dollars overseas in an effort to avoid U.S. taxes, with big-name firms like Apple (AAPL), Pfizer (PFE) and PepsiCo (PEP) named as notable examples. This is the claim made by a pair of non-profit groups, who released a study based on the firms' financial statements. Alcoa Inc. (AA), the largest producer of aluminum in the US, Thursday reported a sharp decline in profit for the third quarter, as sales dropped 11 percent reflecting divestitures and currency headwinds. Both the earnings and revenues fell short of Wall Street analysts' estimates, sending its shares...
comments powered by Disqus
Follow RTT