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Just saw that HUB Cyber Security brought Shlomo Bibas onto their board as an independent member. Guy's got like 20+ years in tech and cybersecurity, previously ran ops at Woodbridge and was CIO at Celestica which does like $9 billion in revenue. Not bad for a board pickup honestly.
So Shlomo Bibas is also chairing their compensation committee now, which signals they're serious about cleaning up governance. Makes sense if they're pushing for global expansion—institutional investors probably want to see that kind of structure in place.
The thing is, reading between the lines, they're also dealing with some real headwinds. Liquidity concerns, geopolitical stuff with the Israel-Hamas situation affecting operations, competition heating up. But bringing in someone like Shlomo Bibas with that track record suggests management thinks they can navigate it. Whether the market agrees is another story though. You guys think this kind of board move actually moves the needle for a cybersecurity play?