Orbotech Names Ran Bareket as New Chief Financial Officer

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Orbotech Ltd. has announced that Ran Bareket has been appointed to the position of Corporate Vice President and Chief Financial Officer of the company, effective as of July 1, 2015.

Bareket, who is a CPA, joined the company in July 2014, as Vice President, Finance and Operations in the Company's PCB Division.  Prior to joining the Company, he served as Vice President and Chief Financial Officer of IVC Industries, Inc., a leading manufacturer of nutritional supplements and non pharmaceutical drug products and, before that, in various finance positions at Kulicke & Soffa, a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, including as Corporate Vice President and as its Principal Accounting Officer. He received his bachelor's degree in accounting and management from the Tel Aviv Management College in Israel and his MBA from Pennsylvania State University.

Commenting on this appointment, CEO Asher Levy said, "We are very pleased to have Ran join the senior management team of the company.  The depth and extent of his expertise in leading finance and operations activity for global, technology-based, publicly-traded companies will be pivotal in the company's execution on its short and long term growth strategy."

About Orbotech Ltd.

Orbotech Ltd. is a global innovator of enabling technologies used in the manufacture of the world's most sophisticated consumer and industrial products throughout the electronics and adjacent industries.  The Company is a leading provider of yield enhancement and production solutions for electronics reading, writing and connecting, used by manufacturers of printed circuit boards, flat panel displays, advanced packaging, micro-electro-mechanical systems and other electronic components.  Virtually every electronic device in the world is produced using Orbotech systems.  For more information, visit www.orbotech.com/

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