On Track Innovations Ltd. announced the appointment by the Board of Directors of Amir Eilam as the Company's new Chief Executive Officer (CEO), effective immediately. In addition to serving as CEO, Mr. Eilam will continue to serve as Vice President of Research and Development, until a replacement is appointed. On October 31, 2021, Mr. Yehuda Holtzman, the Company's outgoing CEO, provided a notice of his resignation from the position as CEO to the Board for personal reasons. Mr. Eilam has vast experience in the unattended payment market and has held various positions with the Company since 2005, leading the Company's research and development since 2012 and supporting the Company's product strategy relating to the shift of its focus to solution-based products.