ReWalk Robotics Ltd. (NASDAQ:RWLK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 7.01 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 4, 2018, the Board of Directors (the “Board”) of ReWalk Robotics Ltd. (the “Company”) appointed Mr. Ori Gon as Chief Financial Officer of the Company, effective February 22, 2018. Mr. Gon replaces Mr. Kevin Hershberger, who informed the Company on January 1, 2018, that he intends to resign as Chief Financial Officer, effective February 22, 2018. Mr. Hershberger’s resignation is to pursue another career opportunity and is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies (including accounting or financial policies) or practices. The Company and the Board wish to thank Mr. Hershberger for his strategic leadership and contributions to the Company’s growth over the years. Mr. Hershberger will work closely with Mr. Gon to ensure a smooth and seamless transition.

Mr. Gon, 36, has served as a Corporate Controller of the Company since July 2015. Previously, he served as Controller at On Track Innovations, Ltd. from 2012 to 2015. He served as an Audit Manager at KPMG from 2008 to 2012. Mr. Gon served as an officer in the Israeli Defense Forces from 2000 to 2004 and is now a captain in the military reserve. Mr. Gon is a CPA and holds a B.A. in Economics from Hebrew University of Jerusalem.

There are no current arrangements or understandings between Mr. Gon and any other person to which he was appointed as Chief Financial Officer. The Company and Mr. Gon intend to finalize the terms of his employment agreement, including his compensation arrangements, in the future, at which time such agreement shall be disclosed by the Company. There are no family relationships between Mr. Gon and any of the Company’s other officers and directors and Mr. Gon does not have any direct or indirect material interest in any transactions required to be reported under Item 404(a) of Regulation S-K of the Securities Exchange Act of 1934, as amended.

On January 5, 2018, the Company issued a press release, attached hereto as Exhibit 99.1, announcing Mr. Hershberger’s resignation from the Company and Mr. Gon’s appointment as the Company’s Chief Financial Officer.

The information in this Item 7.01, including Exhibit 99.1, is furnished and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, regardless of any general incorporation language in those filings.

(d) Exhibits

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* Furnished herewith.

ReWalk Robotics Ltd. Exhibit
EX-99.1 2 tv482791_ex99-1.htm EXHIBIT 99.1   Exhibit 99.1   FOR IMMEDIATE RELEASE     ReWalk Robotics Ltd. Appoints Ori Gon as Chief Financial Officer   MARLBOROUGH,…
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About ReWalk Robotics Ltd. (NASDAQ:RWLK)

ReWalk Robotics Ltd. is a medical device company. The Company is engaged in designing, developing and commercializing exoskeletons that allow wheelchair-bound individuals with mobility impairments or other medical conditions the ability to stand and walk. The Company offers ReWalk, an exoskeleton that uses its tilt-sensor technology, and an on-board computer and motion sensors to drive motorized legs that power movement. The Company’s ReWalk designs focus on people with paraplegia, a spinal cord injury resulting in complete or incomplete paralysis of the legs, who have the use of their upper bodies and arms. The Company offers various products, which include ReWalk Personal and ReWalk Rehabilitation. The Company’s ReWalk Personal is designed for use by individuals at home and in their communities, and is custom-fit for each user. The Company’s ReWalk Rehabilitation is designed for the clinical rehabilitation environment where it provides exercise and therapy.