ISAP

Withdrawn

Israel Amplify Program Corp.

Underwriter: Cowen and Company
Raised
$200M
CIK
1851833
SPAC Ticker
ISAP.U
Focus
Technology
External link: SEC Filings

SPAC Team

Leadership

Nechemia (Chemi) J. Peres serves as our Chairman of the Board of Directors and a Director . Mr. Peres is a co-founder and Managing Partner of Pitango Venture Capital. He began his career in the venture capital world in 1992 as co-founder and CEO of MOFET Israel technology Fund (traded on the TASE),and later co-founded and chaired the Israel Venture Association (IVA, a.k.a IATI). Prior to his work in venture capital, Mr. Peres held managerial and advisory positions in the software industry at Decision Systems Israel (DSI) and at the engineering department of Israel Aerospace Industries (IAI), respectively. Mr. Peres has accumulated years of experience as a board member in many companies, several of which were, or later became, publicly traded on NASDAQ and the NYSE. Among them are Aladdin Knowledge Systems, AudioCodes, Orckit Communications, VocalTec and Magic Software Enterprises. He served on the board of Koor Industries (between 2000-2007) that was traded on the NYSE. Currently Mr. Peres serves on the board of directors of Teva Pharmaceuticals (NYSE: TEVA). In 2020, he joined the Ethics & Sustainability Advisory Committee at GEOX. He currently serves on the boards of numerous Pitango Venture Capital portfolio companies such as Via Transportation, Taboola, Venn.city, Duda, Totango, Radwin and Anywhere Hosting Solutions Ltd. Mr. Peres is also a member of the investment committee of TDJ-Pitango, a Polish-Israeli Venture Capital fund investing in seed-stage startups. Mr. Peres is Chairman of the Peres Center for Peace and Innovation, a not-for-profit organization founded in 1996, and serves on the boards of other not-for-profit organizations. Mr. Peres earned his B.Sc. degree in Industrial Engineering and Management, and EMBA from Tel Aviv University. Mr. Peres served as a pilot at the Israeli Air Force (IAF) for 10 years.

Asher Levy serves as our Chief Executive Officer . Mr. Levy is a co-founder and limited partner of Amplify–Israel. Mr. Levy served as CEO of Orbotech Ltd. (NASDAQ: ORBK) from 2013 to 2019, where he expanded the business from less than $400 million in annual revenues to over $1 billion. He oversaw KLA’s acquisition of Orbotech for approximately $3.4 billion. Mr. Levy currently serves as the Active Chairman of Landa Digital Printing, a digital printing private company headquartered in Israel, the Executive Chairman of NSO, a Novalpina Capital portfolio company offering cutting edge security technologies, and the Chairman of GenCell (traded on TASE). Mr. Levy has a bachelor’s degree in Industrial Engineering and Management from Ben-Gurion University and an MBA from Tel Aviv University; Mr. Levy is also a graduate of the Advanced Management Program at Harvard Business School.

Amichai Steimberg serves as our President and Chief Operating Officer . Mr. Steimberg is a co-founder and limited partner of Amplify–Israel. He retired in March 2020 as the CEO of Orbotech Ltd. In his 28 years at Orbotech, he worked throughout the organization leading finance, accounting and investor relations/reporting as CFO for nine years (2000-2009), and strategy, operations and business development as COO and President for 10 years (2009-2019). Mr. Steimberg currently serves as the Chairman of Airovation Technologies, a private air purification company, as Director to be Chairman of Innoviz Technologies Ltd. and as a board member of OffSec, a private US-based cyber-security company. From September 2020 to January 2021, Mr. Steimberg served as the Chairman of Highcon Ltd., an Israeli company that he led through a successful IPO on TASE in November 2020. Mr. Steimberg has a bachelor’s degree in Agricultural Economics and Business Administration from the Hebrew University. He is also a graduate of the Advanced Management Program at Harvard Business School.

Tim Surzyn serves as our Chief Financial Officer . Mr. Surzyn is also the Chief Operating Officer and Chief Compliance Officer of Sphera Healthcare US Inc., which he joined in August 2020. Prior to joining Sphera Healthcare US Inc., Mr. Surzyn was the Chief Financial Officer and Chief Operating Officer of Nexthera Capital where he ran the day-to-day non-investment operations of this alternative investment fund. Preceding Nexthera, Mr. Surzyn was an Executive Director at UBS Investment Bank and prior to that, the Deputy CFO of Autonomy Capital. Mr. Surzyn holds a BSc degree from King’s College London and an MSc in Management and Finance from the University of Bath. Mr. Surzyn is an Associate Chartered Management Accountant and Chartered Global Management Accountant (UK).

Abraham Gross serves as our Chief Technology Officer . Dr. Gross is a co-founder and limited partner of Amplify–Israel. Dr. Gross served as Chief Technology Officer of Orbotech Ltd. from 2000 to 2020. Joining Orbotech in 1985, Dr. Gross filled a variety of technology and managerial leadership roles, including head of the Physics department of Optrotech before the merger with Orbot (1992) and the chief scientist of Orbotech. He led the market introduction of numerous new technologies as well as the acquisition of key technologies and companies. During his tenure at Orbotech, Dr. Gross took two separate leave of absence periods, to serve as the Chief Engineer of Microvision, a USA startup and as the deputy Chief Scientist in the office of the Ministry of Economy, Israel. Dr. Gross holds 34 patents and has published numerous scientific works; he holds a PhD in Physics and Atmospheric Sciences from Drexel University, Philadelphia, USA, and a B.Sc. and M.Sc. in Physics from the Technion, Haifa, Israel.

LizabethAnn R. Eisen serves as a Director . Ms. Eisen is the sole limited partner of ISAP–Caymans. She is an Adjunct Faculty member at Cornell Tech and University of Oregon Law School and teaches courses including Startup Business Law, Corporate Finance and In-house Lawyering. She was a visiting faculty member at Tel Aviv University Law School during the Fall 2020 semester. She serves as an advisor to several technology startups. She is also on the board of directors of The Computer-Assisted Legal Education (CALI), an education technology not-for-profit company advancing the use of technology in legal education, and the board of directors of Vitality Enterprises LLC, a technology company doing business as Vitality Society, an online and virtual community for people 60 and better to be at their best. She also currently serves on the board and is vice president of the Fresh Air Fund, a not-for-profit company that provides free summer vacations in the country to New York City children from low-income communities. Ms. Eisen retired as a Corporate Partner from Cravath, Swaine & Moore LLP’s Corporate Department in December 2018. Her 20-plus-year legal practice focused on domestic and international corporate finance transactions, acquisition financing, corporate governance and reporting matters and liability management transactions. Ms. Eisen has been repeatedly recognized as one of the leading practitioners in securities law by The Legal 500 US, IFLR1000 and The Best Lawyers in America. She has a Bachelor’s degree magna cum laude from Cornell University and a J.D. from the University of Pennsylvania.

Rami Kalish serves as a Director . Mr. Kalish is a co-founder and Managing Partner of Pitango Venture Capital, and he specializes in cyber technology and B2B software companies. Mr. Kalish has been mentoring young entrepreneurs for decades and helping companies on their growth journeys to IPOs. Mr. Kalish has accumulated years of experience as a board member in many companies. Currently, Mr. Kalish serves on the board of directors of Avantis Team, Browsi, Carbofix, CyberMDX, D-ID, Indoor Robotics, Perception Point, Neura and Tabit. Previously, Mr. Kalish served on the board of directors of several Pitango Venture Capital portfolio companies that went public on NASDAQ, including ForeScout, VocalTec, Retalix, Optibase and RADWARE, Optonol (acquired by Alcon), Red Bend Software (acquired by Harman), and SkyCure (acquired by Symantec). Mr. Kalish is also chairman of the investment committee of TDJ-Pitango, a Polish-Israeli Venture Capital fund investing in early-stage startups. Prior to founding Pitango Venture Capital (originally as Polaris in 1993 and then, Pitango in 2001), Mr. Kalish held sales and marketing positions at IBM and senior executive roles at Orbotech. Mr. Kalish is a member of the Runway Visiting Committee at The Joan & Irwin Jacobs Technion-Cornell Institute.

Craig S. Ivey is a Director . Mr. Ivey has over 34 years’ experience in the utilities industry leading transformational change, performance management & coaching, enterprise risk management and stakeholder engagement that increased shareholder value. Most recently, Mr. Ivey was the President of Consolidated Edison Co. of New York Inc., a subsidiary of Consolidated Edison Inc. with $10 billion in revenue. He currently serves on the board of Ameren Corporation, the Hospital for Special Surgery and the Fresh Air Fund and was previously on the Board of the Association for Edison Illuminating Companies (AEIC) and the Electric Power Research Institute. He is considered very experienced in risk management, cyber security, executive development and stakeholder safety improvement. Mr. Ivey’s tenure as President of Consolidated Edison Co. of New York Inc. from 2009 to 2018, was defined by shareholder returns above the median of the peers, improvement in risk management processes and outcomes and positioning the organization for industry transformation. Prior to joining Consolidated Edison, Mr. Ivey spent 25 years in roles of increasing responsibility at Dominion Resources (now Dominion Energy, NYSE:D), serving most recently as the Senior Vice President of Transmission and Distribution from 2006 to 2009. In this role, he led the organization through significant operational challenges while delivering returns above benchmarks. Prior to serving in this position, he was the Vice President of Electric Operations from 2001 to 2006 and Vice President, Distribution Operations from 2000 to 2001. Mr. Ivey began his career at Dominion in 1984 and held roles in engineering, project management, planning, electric operations and customer account management and served as the General Manager Distribution Operations for the Northern Virginia region from 1998 to 2000. Mr. Ivey earned his B.S. in Electrical Engineering from North Carolina State University and has completed executive education programs at the University of Michigan and Harvard University. Mr. Ivey was selected to serve on our Board of Directors due to his extensive management and business background, particularly in the utilities and energy industries.

Alexis Maged is a Director . Mr. Maged is a Managing Director of Owl Rock Capital Partners LP (“Owl Rock”) and also serves as the Head of Credit for advisers affiliated with Owl Rock and as Vice President of each of the Owl Rock business development companies and is a member of the investment committee of each of the Owl Rock business development companies. Mr. Maged also currently serves on the board of the Fresh Air Fund. Prior to joining Owl Rock in 2016, Mr. Maged was Chief Financial Officer of Barkbox, Inc., a New York-based provider of pet-themed products and technology, from 2014 to 2015. Prior to that, Mr. Maged was a Managing Director with Goldman Sachs & Co. from 2007 until 2014. At Goldman Sachs & Co., Mr. Maged held several leadership positions, including Chief Operating Officer of the investment bank’s Global Credit Finance businesses, Co-Chair of the Credit Markets Capital Committee and a member of the Firmwide Capital Committee. Prior to assuming the role of Chief Operating Officer of the Global Credit Finance businesses in 2011, Mr. Maged served as Chief Underwriting Officer for the Americas and oversaw the U.S. Bank Debt Portfolio Group and US Loan Negotiation Group. From mid-2007 to the end of 2008, Mr. Maged was Head of Bridge Finance Capital Markets in the Americas Financing Group’s Leveraged Finance Group, where he coordinated the firm’s High Yield Bridge Lending and Syndication business. Prior to joining Goldman, Sachs & Co, Mr. Maged was Head of the Bridge Finance Group at Credit Suisse and also worked in the Loan Capital Markets Group at Donaldson, Lufkin and Jenrette. Upon DLJ’s merger with Credit Suisse in 2000, Mr. Maged joined Credit Suisse’s Syndicated Loan Group and, in 2003, founded its Bridge Finance Group. Earlier in his career, Mr. Maged was a member of the West Coast Sponsor Coverage Group at Citigroup and the Derivatives Group at Republic National Bank, as well as a founding member of the Loan Syndication Group at Swiss Bank Corporation. Mr. Maged received a B.A. from Vassar College and an M.B.A. from New York University Stern School of Business. Mr. Maged was selected to serve on our Board of Directors due to his extensive management and business background, particularly in the investment banking and financial advisory sectors.