Highcon Announces CEO Transition following Successful drupa

Highcon today announced that Yair Alcobi will succeed Shlomo Nimrodi as Company CEO on 1 August.  On that date Nimrodi will succeed Alon Bar Shany as Active Chairman of the Board of Directors.  Bar Shany will remain on the Board.  

Alcobi has over 25 years of experience in technology and advanced manufacturing, supported by a BSc in Mechanical Engineering from the Technion, an Executive MBA from Haifa University, and executive programs at Stanford GSB and the Technion Institute of Management. He has held leadership positions at XJET Ltd., KLA Corporation (formerly Orbotech), Kulicke & Soffa (K&S) and other companies where he focused on and consistently delivered growth. 

“Prior to committing to Highcon, I visited drupa 2024.  Highcon’s presence there was vibrant and impactful, and the opportunity to get an overview of the industry was invaluable.” said Yair Alcobi, incoming CEO.  “I look forward to coming on board, meeting customers, employees, partners and customers, and to leading Highcon to ever-greater success.” 

“After 5 exhilarating but challenging years and following the success of drupa 2024 as a culmination of the repositioning of Highcon and its portfolio, the time is right for me step down as CEO” said Shlomo Nimrodi, outgoing CEO.  “I’m immensely proud of what we’ve achieved at Highcon.  I have complete confidence in the team I’ve built and in Yair’s ability to lead Highcon into the high-growth chapter of the coming years.  My association with Highcon continues with my new role of Chairman of the Board; I’d like to thank Alon who has filled this role so effectively over the last 3.5 years.”

About Highcon

Highcon develops, markets, sells and supports a portfolio of digital cutting and creasing systems that cover a wide range of formats, substrates and applications. The Highcon technology is transforming the industry, by providing cost effective solutions to the increasing manufacturing inefficiencies facing folding carton and corrugated carton manufacturers as the result of the emerging market trends of e-commerce, shorter time to market, lower job sizes and a drive to sustainability. Such requirements cannot be accommodated by the expensive and slow conventional die-making and setup process. The Highcon digital technology bridges the gap between agile production and design flexibility delivering improved responsiveness, JIT production, short runs, customization of structure and design, and the ability to perform a wide range of applications in-house. Highcon products are installed at customer sites around the world, including some multi-national companies, effectively supporting the needs of global and local brands. Highcon is a publicly traded Company in the Tel Aviv Stock Exchange (HICN) and its leading investors are Landa Ventures owned by Benny Landa and JVP led by Erel Margalit. For more details: www.highcon.net, or contact:

Highcon – Galit Beck – galit.beck@highcon.net