Raina Moskowitz takes over as CEO while Timothy Chi steps down to board role

In Israel, on December 16, 2024, Check Point Software Technologies announced significant leadership changes. Gil Shwed transitioned from his role as CEO to Executive Chairman of the Board of Directors, while Nadav Zafrir took over as the new Chief Executive Officer. This change marks the beginning of a new chapter for the company, as Shwed expressed confidence in Zafrir's abilities to lead Check Point in an industry that is under increasing pressure to adapt and innovate amidst rapid technological changes. Nadav Zafrir arrives at the helm of the company with impressive credentials. He was previously involved with Team8, a venture group focused on cybersecurity and has substantial experience from his time commanding the elite Unit 8200 in the Israeli Defense Forces, which laid the groundwork for his deep understanding of cybersecurity needs. His appointment as CEO could bring a fresh perspective to Check Point during a pivotal period for the cybersecurity sector, which faces evolving threats and the need for advanced solutions. Shwed expressed excitement about the transfer of leadership, emphasizing the strength of Check Point's strategy, leadership team, and employees as they embark on this transition. His transition to Executive Chairman is intended to allow him to provide greater strategic oversight and mentoring. Zafrir, viewing his new role as both a privilege and a responsibility, articulated the critical nature of establishing and protecting trust through cybersecurity, which is increasingly crucial in today’s digital age. With Zafrir's leadership, Check Point aims to continue its legacy as a pioneer in cybersecurity. This leadership change is indicative of broader trends within the technology sector, particularly the increasing emphasis on cybersecurity. As organizations become more reliant on digital tools and systems, they become more vulnerable to cyber threats, necessitating innovations in how cybersecurity is approached. By elevating someone with Zafrir’s background, Check Point is ideally positioned to leverage his insights and experience to navigate the complexities of the cybersecurity landscape, ensuring they not only stay relevant but ahead in their mission to protect digital assets.