WhatTheyThink

Amichai Steimberg Appointed as Highcon Chairman of the Board

Press release from the issuing company

Yavne – Highcon announced today that its shareholders appointed Mr. Amichai Steimberg as Chairman of the Board. Amichai retired in March 2020 as the Chief Executive Officer of Orbotech, a leading global supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products. In his 28 years there, Amichai worked at all levels of the organization, including as CFO for nine years (2000-2009), and COO and President for 10 years (2009-2019). From February 2019 until his retirement, Amichai led Orbotech through its acquisition by KLA.

Shlomo Nimrodi, Highcon CEO said: “I am pleased to welcome Amichai to our Board of Directors and look forward to his insights from 30 years of experience across many disciplines, including strategy and finance, to propel Highcon forward. The continued commitment of our Board especially in these uncertain times has been greatly appreciated and we intend to keep delivering on the proven promise of our revolutionary technology.”

“Highcon is well-positioned to provide innovative digital production solutions for the large and growing packaging industry. I am excited to work closely with the talented management team. Together with strong support from our committed strategic investors, we will provide Highcon’s customers with tools designed to address their efficiency, sustainability and production challenges,” said Amichai Steimberg.

Benny Landa, Founder of Indigo and the Landa Group, pioneers in digital printing, and one of Highcon’s leading strategic investors, commented on the appointment: “Amichai is our choice to partner with management as it transforms Highcon into an industry category leader. His prowess in building multinational capital equipment companies is a perfect fit for our long-term strategy. His experience, together with the leadership of Highcon’s CEO, Shlomo Nimrodi, give us confidence that Highcon will continue its strong growth trajectory.”

Fiona Darmon, Highcon Board Member, and General Partner with leading international VC fund JVP, added "As Highcon continues to grow and expand, addressing the growing needs for agility, swift and adaptive manufacturing processes, eye-catching and engaging packaging, with a rich sustainability proposition, we are excited to welcome such a seasoned chairman, alongside our leading management team. We wish Amichai, Shlomo and the company great success in continuing to meet the growing market demand."

Despite the real business and logistics challenges imposed by the global pandemic, Highcon has been able to continue demonstrating the value of its production solutions and completed purchase agreements or installations with six customers in multiple countries in Europe during this challenging period.

The Company has been conducting regular customer-facing virtual events, including live product demonstrations in the Folding Carton and Corrugated industry, webinars* for customers, brand owners, industry partners and prospective clients. Highcon has seen an increasing number of participants in these events. The ability to gain the attention of so many in a relatively short period of time is certainly an accelerating contributor to its sales and marketing activity in these uncertain times.

*The next webinar, including a virtual visit to a customer site, will be held on September 16th and features Stora Enso and Gafs Kartong talking about Innovative Eco-friendly Solutions for Confectionery. https://www.highcon.net/webinar/stora_enso_gafs/ 

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