Magal Security Systems Ltd. announced that Mr. Saar Koursh has been appointed as CEO; Mr. Koursh will replace Mr. Eitan Livneh, that has been leading Magal since 2009. Mr. Koursh is expected to replace Mr. Livneh within the next two months, following a transition period. Mr. Koursh joins Magal following a successful career of more than twelve years in Elbit Systems Ltd. During the last two years Mr. Koursh has been the Vice President responsible for the Brazil Business Unit, as well as a member of the Aerospace Division's Executive Management and a member of the Board of Directors of AEL Sistemas, Elbit's subsidiary in Brazil.

Prior to that, Mr. Koursh served as the VP for Programs & Business Development in AEL Sistemas and several other positions in Elbit as director and program manager, and finance and commercial manager.