Management ChangeJun 15, 2026, 06:11 AM
Allot Board Member Cynthia L. Paul Departs
AI Summary
Allot Ltd. announced that Cynthia L. Paul has stepped down from her position as a member of the company's Board of Directors, effective June 15, 2026. Ms. Paul, who joined the Board in November 2022, cited demands from her other business responsibilities as the reason for her departure. Her tenure coincided with Allot's operational transformation, financial strengthening, and strategic expansion, marked by three consecutive quarters of double-digit revenue growth, sustained profitability, and a debt-free balance sheet.
Key Highlights
- Cynthia L. Paul stepped down from Allot's Board of Directors, effective June 15, 2026.
- Ms. Paul served on Allot's Board since November 2022.
- Her departure is due to demands of her other business responsibilities.
- Allot reported three consecutive quarters of double-digit revenue growth.
- The company achieved sustained profitability and a debt-free balance sheet.
- Lynrock Lake Master Fund LP remains a significant Allot shareholder.
Price Impact
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