Medical technology company Lifeward Ltd. (LFWD), Wednesday announced the retirement of Larry Jasinski as chief executive officer. He had served 13 years and will continue through the second quarter for transition to a successor.
Currently, shares are at $1.93, down 3.5 percent on a volume of 101,052.
The company said it has appointed a special committee to search for the next CEO.
In view of the CEO transition, Lifeward will reschedule its planned February 20th virtual investor event until later in 2025 after the hiring of the new CEO.
The Company expects the full year preliminary revenue of approximately $25.7 million, in line with its guidance range of $25 million to $26 million.
Projection for operating expenses for the full year is approximately $33.4 million, including about $5.7 million in restructuring and impairment expenses.
For comments and feedback contact: editorial@rttnews.com
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.