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IN BRIEF: Ethernity finance chief to step down with mutual consent

ALN

Ethernity Networks Ltd - Airport City, Israel-based supplier of data processing semiconductor technology for networking appliances - Chief Financial Officer Mark Reichenberg to step down after mutual agreement from Monday next week. Says it has begun an internal and external search for a suitable successor and will make a further announcement in ‘due course’. In the mean time, Vice President of Finance Ayala Deutsch will manage CFO duties on an interim basis.

Current stock price: 1.70 pence, down 3.0%

12-month change: down 89%

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