NICE announced a planned leadership transition. Barak Eilam, Chief Executive Officer, has informed the Board of Directors of his decision to step down from his position, effective December 31, 2024. Eilam will remain CEO until the end of the year, ensuring a smooth transition. He will actively participate in the search for his successor alongside the Board and collaborate with the new leader during a transition period. Furthermore, Eilam will continue to act in a strategic consulting capacity during the first half of 2025. The Board has initiated a CEO search to identify the company’s next leader in partnership with a top executive recruiting firm. The search will consider both internal and external candidates to ensure the best fit for NICE.
“The Board extends its gratitude for the remarkable achievements NICE has accomplished under Barak’s ten-year leadership”
“The Board extends its gratitude for the remarkable achievements NICE has accomplished under Barak’s ten-year leadership,” said David Kostman, Chairman of the Board at NICE. “The company is well positioned for the future as a leader in cloud, digital and AI. We deeply appreciate Barak’s unwavering commitment to NICE and look forward to continuing our work with him toward executing our 2024 plan, setting the company up for future success, and collaborating with him throughout the CEO search to ensure a smooth leadership handover.”
Marketing Technology News: Tiger Pistol’s New Playbook Unlocks the Power of Vertical Video Advertising
Barak’s leadership has been transformative for NICE. During his tenure, NICE’s visionary strategy propelled the company to undisputed leadership across its markets. Under Barak’s guidance, the company is now a key player in the enterprise software market leveraging cloud and AI and is well positioned for ongoing prosperity. With relentless focus on innovation and strategic acquisitions, he transformed NICE into a cloud leader, building the industry’s most advanced AI platform. As CEO, Barak has built a great foundation for the future with a strong leadership team and orchestrated tremendous shareholder value creation: the total addressable market expanded fivefold; total revenue tripled; cloud revenue rapidly grew from near zero to $1.6 billion; and earnings per share more than tripled.
“Leading NICE for the past decade has been the pinnacle of my career. It is an honor to work alongside a team of 8,500 talented and dedicated NICErs around the globe. While my team and NICE’s mission continues to inspire me daily, after 25 years at NICE and with the company poised for continued leadership and success, it’s the right time to transition the helm of the company to a new leader” said Barak Eilam, CEO, NICE.
Marketing Technology News: MarTech Interview with Baruch Toledano, Vice President and GM of Digital Marketing Solutions @ Similarweb
Mr. Eilam continued, “I remain laser focused to deliver our 2024 plan, support the success of our customers and partners and work closely with our product teams on our exciting innovations. NICE has a bright future ahead, and I’m committed to ensuring a seamless transition.”
The post NICE Announces Planned CEO Transition first appeared on PressRelease.cc.
NICE Announces Planned CEO Transition first appeared on Web and IT News.
LEESBURG, VA – August 19, 2026 – 360 Contracting Group, a licensed, bonded, and insured…
Disney and its ABC television stations filed suit Tuesday against the Federal Communications Commission. The…
A recent study has exposed the extraordinary volume of personal information collected by mobile applications…
Google has quietly rewritten a key rule for its dominant email service. Starting September 8,…
Apple just rewrote the rules for its App Store in Europe. Again. On August 18,…
Benn Jordan booked a hotel room for Flock Safety’s own conference. An employee from the…
This website uses cookies.