Adgorithms appoints Yoram Freund as CFO

Artificial intelligence company Adgorithms has appointed Yoram Freund as chief financial officer with immediate effect.

Freund was previously vice president of finance at Radware, a Nasdaq-listed cyber security company, for six years and before that he worked at KPMG, one of the ‘big four’ accounting firms.

Chairman John Allwood said: "We are confident that Yoram's long and proven experience will be invaluable as the company continues to develop."

Freund added: "I'm excited and look forward to have the opportunity to work alongside the Adgorithms team, leading the company to future growth and innovation."

Shares in Adgorithms were down 0.89% to 22.30p at 0824 BST.