Eltek

Eltek announced a leadership change on September 9, 2026. Eltek’s board appointed CFO Ron Freund as CEO effective September 23, 2026, succeeding Eli Yaffe, who is retiring from the role.

What changed

Ron Freund was named Chief Executive Officer. Eli Yaffe informed the board of his decision to retire as CEO effective September 23, 2026, will serve until then to ensure an orderly transition, and will become a director of the company effective March 8, 2027, serving until the next annual general meeting.

• Leader: Ron Freund
• Role: Chief Executive Officer
• Effective: September 23, 2026
• Announcement date: September 9, 2026

Leadership background

Freund, 62, has served as Eltek’s Chief Financial Officer since January 2022 and previously was CFO of Ophir Tours Ltd. from 2015 to 2021. He holds a B.A. in Accounting and Economics from the Hebrew University of Jerusalem and is a licensed CPA in Israel.

The mandate

Eltek said Chairman Yitzhak Nissan expressed confidence that Freund will make a significant contribution as the company continues to execute its strategy and pursue its growth opportunities. Freund will continue as CFO until a new CFO is appointed.

Why this matters for GTM teams

Executive appointments can precede changes in strategy, operating cadence, hiring, partnerships, and technology priorities. The useful signal is not the title alone: teams should watch the new leader’s stated mandate, prior playbook, organizational scope, and the initiatives announced during the first two quarters.

Source and methodology

This leadership profile is based on the company’s announcement. Roles, transition timing, and biographical details are presented as announced; SalesTools Research does not infer undisclosed succession plans.

Primary source: Eltek leadership announcement.