Appointed CEO of Virgin Atlantic Joins Check Point’s Board
Before joining Virgin Atlantic in 2014, Shai Weiss was an investment partner at the airline’s parent company, Virgin Management
11:5418.12.18
Shai Weiss, appointed CEO of U.K.-based airline Virgin Atlantic Airways Ltd., has joined the board of directors of Nasdaq-listed network and cloud security company Check Point Software Technologies Ltd., the latter announced Monday.
Founded in 1993, Tel Aviv-based Check Point develops firewall services for governments and companies, with over 100,000 organizations currently using its products, according to company statements.
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Weiss will replace David Rubner, founder and former president and CEO of Israel-based telecommunications equipment supplier ECI Telecom Ltd., who is retiring after 20 years on the board.
Shai Weiss. Photo: Virgin
Before joining Virgin Atlantic in 2014, Weiss was an investment partner at the airline’s parent company, Virgin Management Ltd.
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Check Point reported revenue of $470.82 million for the third quarter of 2018, a 4% increase compared to the same period last year, and a non-GAAP net income of $250 million for the quarter, meaning non-GAAP earnings per diluted share of $1.38, a 6% year over year increase.