Jeffrey Epstein was Ehud Barak’s business partner In Carbyne
Former Israeli Prime Minister Ehud Barak to Step Down as
Director
CEO Amir Elichai to Assume Role of Chairman
American financier Jeffrey Epstein, a convicted sex offender
now embroiled in a sex-trafficking case involving minors, was an active
business partner with former prime minister Ehud Barak.
Barak formed a limited partnership company in Israel in
2015, called Sum (E.B.) 2015, to invest in a high-tech startup then called Reporty,
now named Carbyne, which developed video streaming and geolocation software for
emergency services.
A large part of the money used by Sum to buy Reporty stock
was supplied by Jeffrey Epstein.
The report appears to raise new questions about the
connection between Barak and the disgraced Epstein
Carbyne, the global leader in Next Generation technologies
and innovation for public safety domains, today announced that former Israeli
Prime Minister Ehud Barak will step down from the Board, effective May 1st. Mr.
Barak has served as Chairman of Carbyne since 2015, helping steer the company
through multiple funding rounds and the expansion of its technology into
several new countries.
"Mr. Barak was instrumental in helping Carbyne grow
from its early stages into the global technology company that it is
today," said Carbyne CEO and Founder Amir Elichai. "Carbyne and its
expanding list of government and private-sector partners have benefited greatly
from his vision and dedication. We thank him for his impact on the business and
wish him the best of luck with his other initiatives."
Mr. Elichai continued, "We expect additional changes to
the Board’s composition in the future to reflect Carbyne’s increasingly global
scope, with a particular focus on the U.S. and European markets, as well as to
further align our company with best-in-class corporate governance
practices."
"It’s been a privilege and honor to lend my knowledge
and experience to Carbyne during its early growth phases," said Mr. Barak.
"I’m extremely proud of what the company has been able to accomplish and
of working with this group of young leaders to revolutionize the emergency
communications industry – while saving lives in the process. After nearly six
years involved with Carbyne, it is time for me to focus on my other
endeavors."
Mr. Elichai, who is based in New York, will assume the role
of Chairman of the Board following Mr. Barak’s departure. In addition to Mr.
Barak's resignation from the Board, all shares owned by Mr. Barak’s Sum (E.B)
LLP are being moved to IBI and will be sold in the coming weeks to a new investor
who has been identified.
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