Cellebrite CEO Transition Marks New Era of Growth
Company Announcements

Cellebrite CEO Transition Marks New Era of Growth

Cellebrite DI (CLBT) has released an update.

Cellebrite’s CEO Yossi Carmil plans to step down by the end of 2024, marking the end of nearly two decades of leadership that saw the company grow significantly in size and market valuation. The company has initiated a search for a new CEO, with Executive Chairman Thomas E. Hogan stepping in as interim CEO. Under Carmil, Cellebrite expanded globally and transitioned to a subscription business model, culminating in a market valuation of approximately $4 billion.

For further insights into CLBT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyCellebrite announces CEO Carmil will step down, Hogan named interim CEO
TipRanks Auto-Generated NewsdeskCellebrite DI Surpasses Revenue Milestone in Q3 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App