Verimatrix Société anonyme announced the appointment of Asaf Ashkenazi as Chief Executive Officer effective August 1st, 2022. Amedeo D'Angelo, Chairman and Chief Executive Officer since 2015, remains Executive Chairman of Verimatrix effective the same day. Asaf Ashkenazi joined Verimatrix in 2018 and currently serves as Chief Operating Officer.

He will lead the company's ongoing business model transformation announced last year that focuses on recurring subscription-based revenue sources and new products. Previously leading the company's R&D, product, sales and marketing operations, Asaf Ashkenazi will continue to harness his distinct mix of cybersecurity expertise and management successes. His previous positions included key roles at companies such as Qualcomm and Motorola.