Arotech Board of Directors
Robert S. Ehrlich has
been our Chairman of the Board since January 1993 and our President
and Chief Executive Officer since October 2002. From May 1991 until
January 1993, Mr. Ehrlich was our Vice Chairman of the Board, and
from May 1991 until October 2002 he was our Chief Financial Officer.
Mr. Ehrlich was a director of Eldat, Ltd., an Israeli manufacturer
of electronic shelf labels, from June 1999 to July 2003. From 1987
to June 2003, Mr. Ehrlich served as a director of PSC Inc. (“PSCX”),
a manufacturer and marketer of laser diode bar code scanners, and,
between April 1997 and June 2003, Mr. Ehrlich was the chairman of
the board of PSCX. Mr. Ehrlich received a B.S. and J.D. from Columbia
University in New York, New York.
Steven Esses has
been a director since July 2002 and our Executive Vice President
since January 2003 and Chief Operating Officer since February 2003.
From 2000 till 2002, Mr. Esses was a principal with Stillwater Capital
Partners, Inc., a New York-based investment research and advisory
company (hedge fund) specializing in alternative investment strategies.
During this time, Mr. Esses also acted as an independent consultant
to new and existing businesses in the areas of finance and business
development. From 1995 to 2000, Mr. Esses founded Dunkin’
Donuts in Israel and held the position of Managing Director and
CEO. Prior thereto, he was Director of Retail Jewelry Franchises
with Hamilton Jewelry, and before that he served as Executive Director
of Operations for the Conway Organization, a major off-price retailer
with 17 locations.
Dr. Jay M. Eastman has
been one of our directors since October 1993. Since November 1991,
Dr. Eastman has served as President and Chief Executive Officer
of Lucid, Inc., which is developing laser technology applications
for medical diagnosis and treatment. Dr. Eastman has served as a
director of PSCX since April 1996 and served as Senior Vice President
of Strategic Planning from December 1995 through October 1997. Dr.
Eastman is also a director of Dimension Technologies, Inc., a developer
and manufacturer of 3D displays for computer and video displays,
and Centennial Technologies Inc., a manufacturer of PCMCIA cards.
From 1981 until January 1983, Dr. Eastman was Director of the University
of Rochester’s Laboratory for Laser Energetics, where he was
a member of the staff from September 1975 to 1981. Dr. Eastman holds
a B.S. and a Ph.D. in Optics from the University of Rochester in
Edward J. Borey has
been a director since December 2003. From December 2000 to September
2003, Mr. Borey served as President, Chief Executive Officer and
a director of PSCX. PSCX filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code in November 2002;its pre-negotiated
plan of re organization was confirmed by the Bankruptcy Court in
June 2003. Prior to joining the Company, Mr. Borey was President
and CEO of TranSenda (May 2000 to December 2000). Previously, Mr.
Borey held senior positions in the automated data collection industry.
At Intermec Technologies Corporation (1995-1999), he was Executive
Vice President and Chief Operating Officer and also Senior Vice
President/General Manager of the Intermec Media subsidiary. Mr.
Borey holds a B.S. in Economics from the State University of New
York, College of Oswego; an M.A. in Public Administration from the
University of Oklahoma; and an M.B.A. in Finance from Santa Clara
was elected to the board of directors in July 2005. Professor Jones
is a clinical professor of accounting at New York University Stern
School of Business. Professor Jones teaches courses in auditing,
tax and legal aspects of entrepreneurism. He is also the Associate
Director of Ross Institute of Accounting Research at Stern School
of Business. Professor Jones has been with NYU Stern for ten years.
His primary research areas include audit committees, auditing, entrepreneurship,
financial reporting, and fraud. Professor Jones has been principal
author of numerous books including Conflict of Interest, The Cooper
& Lybrand Guide to Growing Your Business, The Emerging Business
and The Bankers Guide to Audit Reports and Financial Statements.
Before joining NYU Stern, Professor Jones was senior partner at
Coopers & Lybrand and S.D. Leidesdorf & Co. Professor Jones
is a certified public accountant in New York State. Professor Jones
received a B.A. in economics from City College, City University
of New York, and an M.B.A. from NYU Stern.
has served as a director since October 2007. Mr. Sloyer is a Managing
Member of WestLane Capital Management LLC, which he founded in 2005.
From 1992 until 2005, Mr. Sloyer was a founder and Managing Director
of Harbor Capital Management LLC, which managed convertible arbitrage
portfolios. Mr. Sloyer is active in community organizations and
currently serves on the investment committee of a charitable organization.
Mr. Sloyer has a B.A. from New York University.
Michael E. Marrus
has served as a director since October 2007. Mr. Marrus is a Managing
Director of Merriman Curhan Ford a financial services firm focused
on growth companies. Previously, he was a Managing Director of C.
E. Unterberg, Towbin, an investment banking firm that was acquired
by Collins Stewart plc, a London based corporate broker traded on
the London Stock Exchange. Prior to joining Unterberg, Towbin in
1998, Mr. Marrus was a Principal and founding member of Fieldstone
Private Capital Group, an investment banking firm specializing in
corporate, project and structured finance. Previously, he was employed
at Bankers Trust Company, initially in the Private Equity and Merchant
Banking Groups and subsequently in BT Securities, the securities
affiliate of Bankers Trust. Mr. Marrus has an A.B. from Brown University
and an M.B.A. from the Graduate School of Business, University of
Arthur S. Leibowitz
became a director in June 2009. Mr. Leibowitz is an adjunct professor
at Adelphi University School of Business where he teaches courses
in accounting to both graduate and undergraduate students. Before
joining Adelphi University, Mr. Leibowitz was an audit and business
assurance partner at PricewaterhouseCoopers LLP. During his twenty-seven
years at PwC, Mr. Leibowitz served in a national leadership role
for PwC’s retail industry group and was the portfolio audit
partner for one of PwC’s leading private equity firms. Mr.
Leibowitz is a certified public accountant in New York State and
received a B.S. in accounting from Brooklyn College in New York.