TECHCARE CORP. (OTCMKTS:TECR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

TECHCARE CORP. (OTCMKTS:TECR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective July 10, 2017, the Board of Directors of TechCare Corp. (the “Registrant”) appointed Mr. Tzahi Geld as the new Chief Financial Officer of the Registrant and its wholly-owned Israeli subsidiary, Novomic Ltd, replacing Josh Johnson, a member of Brooks-Keret Financial Management, Kadima, Israel, who had served as CFO of the Registrant and of Novomic since October 2016. There were no disagreements with Mr. Johnson on any matters related to the operations, policies or practices of the Registrant or its subsidiary. The determination to appoint Mr. Geld as the new CFO was made solely for business purposes.

Mr. Tzahi Geld, age 44, Chief Financial Officer: Mr. Geld is a member of the firm of Guberman Group, an accounting and finance firm with offices located in Tel-Aviv Yafo, Israel. From 2010 to 2016, Mr. Geld served as CFO of Gitam BBDO Group, a leading advertising agency in Israel and a part of BBDO Worldwide. In his capacity as CFO, Mr. Geld was responsible for over US$76 million in annual billings, reporting directly to Gitam BBDO’s management and board of directors and preparing monthly, quarterly and annual financial reports and managing its budget, financial analysis and controls and procedures, as well as participating in M&A negotiations, among other senior management functions. From 2005 to 2010, Mr. Geld was a senior manager of PricewaterhouseCoopers Israel.

In 1996, Mr. Geld received a BA degree from The College of Management Academic Studies, located in Rishon LeZion, Israel, and recognized as the largest college in Israel. In 2004, Mr. Geld received his MBA from Tel-Aviv University, with majors in finance and accounting.

Item 9.01 Financial Statements and Exhibits.

(b) The following documents are filed as exhibits to this current report on Form 8-K or incorporated by reference herein. Any document incorporated by reference is identified by a parenthetical reference to the SEC filing that included such document.

TechCare Corp. ExhibitEX-17.7 2 ex17-7.htm   EXHIBIT 17.7   Josh Johnson,…To view the full exhibit click here