Lifeward has promoted Almog Adar, who was previously the company’s VP of finance and chief accounting officer, to chief financial officer (CFO).

Adar joined Lifeward in 2020 as director of finance and corporate financial controller. Since then he’s held a series of senior and increasingly important roles in the finance organization. As VP of finance and chief accounting officer, Adar was crucial in shaping the company’s financial strategy and supporting its growth.

Before Lifeward, Adar was controller of Infinya Recycling (formerly Amnir Recycling) and assistant controller at Delta Galil Industries. There, he accrued extensive experience in complex financial management and global business operations.

Earlier in his career, he worked at Ernst & Young, gaining expertise in auditing and financial reporting for public and private companies.

“I am thrilled to welcome Almog to the executive leadership team,” said Lifeward president and CEO Mark Grant, who began leading the company in May. “He has been an invaluable leader within our finance team and brings thoughtful leadership and a strong commitment to supporting Lifeward’s growth.”

Adar said he is honored to step into the CFO role at a pivotal moment for Lifeward. Earlier this year, the company released the ReWalk 7 personal exoskeleton in the U.S.

“We have a tremendous opportunity ahead to build on our strengths, sharpen our execution, and accelerate growth,” Adar told the press. “I am committed to working closely with our leadership team to deliver a clear, disciplined strategy, strengthen our financial foundation, and create lasting value for our patients, customers, and shareholders.”