Bagir Group Ltd. announced that Chief Executive Officer Eran Itzhak has decided to leave the company for personal reasons and will be stepping down from the Board on 15 July 2019. The Board announced that Micha Ronen will join the company as acting Chief Executive Officer and is expected to join the Board of Directors on completion of director due diligence in compliance with the AIM Rules. Micha previously held senior management positions at Bagir between 2004 and 2010, including Chief Financial Officer, Head of USA division and latterly as Deputy CEO.

Currently, Micha serves as a partner at Moore Management Consulting. A further announcement will be made following the expected appointment of Micha to the Board of Directors.