Management ChangeOct 13, 2026, 07:01 AM
Wise Group Appoints Barak Eilam as Chair Designate
AI Summary
Wise Group plc announced a significant leadership transition with Barak Eilam appointed as Chair Designate. Eilam, a seasoned technology executive with extensive experience at NICE, will also chair the Nominating and Corporate Governance committee. He will succeed David Wells, who is stepping down as Chair and Director in April 2027 after a period of substantial company growth. Wells expressed pride in the company's expansion and the board's development during his tenure.
Key Highlights
- Barak Eilam appointed Chair Designate, will serve as Chair of the Nominating and Corporate Governance committee.
- David Wells to step down as Chair and Director in April 2027.
- David Wells joined Wise in 2019; company grew from 6 million to nearly 19 million customers during his tenure.
- Barak Eilam has 25 years of experience at NICE, serving as CEO from 2014 to 2024.
- Barak Eilam currently serves on the Boards of FactSet, CCC Intelligent Solutions, and Similarweb.
Price Impact
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