Kornit Digital Names New Finance Chief, Sets $100 Million Stock Buyback

Dow Jones11-17
 

By Colin Kellaher

 

Kornit Digital's top finance executive, Lauri Hanover, is leaving the maker of printing solutions for the garment, apparel and textile industries.

Kornit on Monday said Hanover has resigned as chief financial officer for personal reasons but will remain in her post through mid-December to assist with the transition.

The Rosh Ha'ayin, Israel company said Assaf Zipori, who most recently served as chief financial officer of Nano Dimension, will succeed Hanover as finance chief.

Hanover became Kornit's chief financial officer in November 2022 after serving on the board since March 2015.

Kornit also said its board authorized the repurchase of up to $100 million in stock. The company, which has about 45.3 million shares outstanding, sports a market capitalization of roughly $576 million.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

November 17, 2025 07:48 ET (12:48 GMT)

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