Sam Losar Named New @YCDMultimedia CEO
Gail Chiasson, North American Editor
Sam Losar, currently US president of YCD Multimedia, has been named the company’s next CEO, effective September 15, 2014.
Losar takes over the CEO position from company co-founder Noam Levavi.
Losar will be trusted with continuing to expand the growth he achieved in the Americas to its business operations in Europe and Asia.
Levavi. who co-founded the company in 1999 in Israel and led it for well over a decade, says, “I’m proud to have collaborated with an amazing team at YCD over the years. Leading YCD from the very birth of the digital signage space has been a magnificent personal journey. Sam and I have been working closely the last few years on building products and a team that can take YCD to its next phase. The time is right for me to hand over the reins to Sam who will continue to plot the growth of our company for the next decade.”
Losar joined YCD as president of its US operations during its acquisition of C-nario, another digital signage software provider in October, 2011. Having redeveloped the entire business model, YCD Multimedia quickly expanded its customer base and increased its overall profitability, all while focusing on its core competency of developing world class digital signage software. Losar brings 20 years of experience in building and leading businesses.
“I am extremely proud of our company’s accomplishments and thankful in the confidence Noam has had in allowing me the opportunity to positively impact YCD,” says Losar. “I’m excited to continue building on a foundation of innovation and to continue to succeed in the future. We have assembled a group of great dedicated professionals over the years and added new talent in the US and overseas. We are well positioned to continue to expand and meet the needs of our customers’ worldwide.
YCD Multimedia’ digital signage software solutions serve the retail, telecom, banking, gaming, entertainment, hospitality, educational, transportation and corporate markets. It operates worldwide with offices in the United States, the United Kingdom and Israel, as well as an international network of partners serving clients around the globe.
September 23rd, 2014 at 13:55 @622
Congrat’s Sam and best of luck.