July 6, 2016 | FST Biometrics, a leading identification solutions provider based in Israel, today announced that Avi Naor, a member of FST’s board of directors, has made an investment in FST Biometrics and has been appointed as chairman of the board effective immediately. Naor, one of Israel’s first hi-tech entrepreneurs, served as CEO and president of software giant Amdocs, which he co-founded, from 1995 until 2002. Naor led the company’s IPO in 1998, as well as several subsequent offerings, and is credited with building the company into the multi-billion-dollar powerhouse it has become. As part of the Alpha Group investment organization, Naor bought equity in Retalix, Ltd., and served as board chairman from 2011 until 2012, when Retalix was sold to NCR.
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