Exadel, a global leader in digital transformation solutions and Agile services, announces that Ilya Cantor, Exadel Board Member and Strategic Advisor, has been appointed the CEO while Fima Katz will be continuing leadership as President. The new management changes reflect the increasing business momentum and continued growth Exadel is seeing across every segment of the business.

Ilya Cantor, having been associated with Exadel as a Board Member and Strategic Advisor since 2017, holds about 30 years of experience as an operational executive. He has a recognized track record of driving transformation and change through focused execution, often in complex and dynamic market environments. Ilya has extensive hands-on experience in guiding companies scale, in launching initial public offerings as well as extensive merger and acquisition experience in leading numerous acquisitions, executing integrations, and driving complex organizational redesign.

During his tenure as an Exadel Board Member and Strategic Advisor, Cantor helped foster growth and generate measurable results by guiding Exadel's strategic direction and market positioning, improving governance and operational discipline, and increasing shareholder value.

Prior to acquiring on the CEO role at Exadel, Cantor held executive positions at EPAM Systems, which he helped take public onto the NYSE in 2012; served as CFO & Executive Director of Operations at The Wall Street Journal; and, also led Talent Acquisition, Business and

Financial Operations, IT & Corporate Development at Aricent (now Capgemini). Ilya holds a deep understanding of the IT services industry and very specifically, the digital transformation market in which Exadel has a leadership position.

Fima Katz founded Exadel in 1998 and has served as CEO since the company's inception. In his new role as President, Katz will head the client-facing aspects of the organization as well as technology and innovation, which continue to drive the momentum and growth of Exadel and it's solutions and offerings.

Katz will head the client-facing aspects of the organization as well as technology and innovation, which continue to drive the momentum and growth of Exadel and it's solutions and offerings

Cantor says, "It is a great opportunity to be named CEO of Exadel and to build upon the great leadership and accomplishments of Fima". Adding further he mentions, "This is a pivotal time for the company and I look forward to continuing to drive market share gains in a huge market that is growing rapidly -- as virtually every company in the world has to invest in business transformation and technology in order to remain competitive and win. Exadel's core assets are our people and the technical expertise in product engineering which comprises over 90 percent of our business today. I am excited to continue expanding Exadel's pedigree of leading technology solutions and services while protecting and building upon the 'people-first' culture that is at the core of Exadel's success".

Katz states, "We are very excited to have Ilya join Exadel as our new CEO. His history and experience will drive our future growth and take us to the next level". He adds, "Ilya's unique talents already have influenced new directions for the company and created opportunities that will quickly become game-changers in the market".