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HOD HASHARON, Israel - Valens Semiconductor (NYSE:VLN) announced Monday the appointment of Yoram Salinger as its new Chief Executive Officer and board member, effective November 13, 2025. Salinger will replace Gideon Ben-Zvi, who has led the connectivity solutions provider since 2020 and will remain on the Board of Directors. The leadership change comes just nine days before the company's next earnings report, scheduled for November 12, according to InvestingPro data.
Salinger brings over 25 years of leadership experience in technology companies. Most recently, he served as CEO of cybersecurity firm Perception Point until its acquisition by Fortinet in 2024. Previously, he led Red-Bend Software to become a global player in mobile and automotive software management before its acquisition by Harman International.
"Yoram brings vast experience leading global high-tech companies to growth and profitability," said Dr. Peter Mertens, Chairman of Valens' Board of Directors, in the company's press release.
Ben-Zvi, who guided Valens through its New York Stock Exchange listing and secured design wins with automotive manufacturers, expressed confidence in the company's future under new leadership, noting that "Valens has posted revenue growth in five consecutive quarters." InvestingPro data confirms this trend, showing 8.7% revenue growth over the last twelve months, though the company remains unprofitable with a diluted EPS of -$0.31.
The semiconductor company, which specializes in high-performance connectivity solutions for audio-video, automotive, and industrial applications, also announced board changes with Dr. Eyal Kishon and Dror Jerushalmi stepping down. This follows the recent addition of Igal Rotem to the board. Despite its modest $187.5 million market cap, Valens maintains strong financial flexibility with a current ratio of 5.97, meaning its liquid assets significantly exceed short-term obligations – one of several InvestingPro Tips highlighting the company's financial position.
Salinger stated he was attracted to Valens because of its "strong foundation of cutting-edge technology and industry partnerships" and expressed confidence in accelerating the company's growth across various sectors. The new CEO faces challenges, as the stock has declined 32.7% over the past six months, though InvestingPro analysis indicates the company is currently undervalued. Analysts maintain a Strong Buy consensus with price targets ranging from $3 to $5, suggesting significant upside potential. For comprehensive insights on Valens and 1,400+ other stocks, Pro Research Reports are available exclusively through InvestingPro.
In other recent news, Valens Semiconductor has announced the appointment of Igal Rotem to its Board of Directors, effective immediately. Rotem, who replaces Michael Linse, brings extensive experience in the technology sector, having served as Chairman of Shift4 EU Bank and CEO of Finaro. This change in leadership comes amid Valens Semiconductor's strategic partnership with Samsung Electronics to develop MIPI A-PHY products for high-speed automotive sensor connectivity. The collaboration aims to meet the growing demand from automotive manufacturers for advanced connectivity solutions to support enhanced driver assistance systems and autonomous driving capabilities. These developments highlight Valens Semiconductor's focus on expanding its influence in the automotive technology market. The partnership with Samsung is expected to drive innovation in the field, leveraging both companies' expertise. These recent moves reflect Valens Semiconductor's ongoing efforts to strengthen its leadership and product offerings in a competitive market.
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