Avishai Abrahami - WixCom Co-Founder, Honorary Chairman and CEO

WIX Stock  USD 219.61  4.89  2.18%   

Chairman

Mr. Avishai Abrahami is Chief Executive Officer, CoFounder, Director of the Company. He was our CoChief Executive Officer and a director since October 2006, and has served as the Chairman of our Board from November 2013 until February 2016, at which time he was appointed Honorary Chairman. Mr. Abrahami currently serves as a member of the board of directors of SodaStream International Ltd. From 2004 to 2006, Mr. Abrahami was the Vice President of Strategic Alliances at Arel Communications Software Ltd., a private Israeli company specializing in communication technology. In 1998 he cofounded Sphera Corporationrationration, a private company which develops software for managing data centers, and he served as its Chief Technology Officer from 1998 until 2000 and its Vice President of Product Marketing from 2000 until 2003. In 1993, he cofounded AIT Ltd., a private Israeli software company, and served as its Chief Technology Officer until the companys sale in 1997. Mr. Abrahami served in the Israeli Defense Forces elite computer intelligence unit from 1990 until 1992. since 2016.
Age 53
Tenure 8 years
Address 5 Yunitsman Street, Tel Aviv-Yafo, Israel, 6936025
Phone972 3 545 4900
Webhttps://www.wix.com

WixCom Management Efficiency

The company has Return on Asset of 0.0148 % which means that on every $100 spent on assets, it made $0.0148 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (7.5367) %, meaning that it generated no profit with money invested by stockholders. WixCom's management efficiency ratios could be used to measure how well WixCom manages its routine affairs as well as how well it operates its assets and liabilities. At this time, WixCom's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.02 in 2024, whereas Return On Capital Employed is likely to drop (0.03) in 2024. At this time, WixCom's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 770.6 M in 2024, whereas Other Assets are likely to drop 0.95 in 2024.
WixCom has 996.32 M in debt with debt to equity (D/E) ratio of 7.1, demonstrating that the company may be unable to create cash to meet all of its financial commitments. WixCom has a current ratio of 1.08, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for WixCom to invest in growth at high rates of return.

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Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally. Wix.com Ltd. was incorporated in 2006 and is headquartered in Tel Aviv, Israel. Wix is traded on NASDAQ Exchange in the United States. WixCom (WIX) is traded on NASDAQ Exchange in USA. It is located in 5 Yunitsman Street, Tel Aviv-Yafo, Israel, 6936025 and employs 5,242 people. WixCom is listed under Internet Services & Infrastructure category by Fama And French industry classification.

Management Performance

WixCom Leadership Team

Elected by the shareholders, the WixCom's board of directors comprises two types of representatives: WixCom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WixCom. The board's role is to monitor WixCom's management team and ensure that shareholders' interests are well served. WixCom's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WixCom's outside directors are responsible for providing unbiased perspectives on the board's policies.
Giora Kaplan, Co-Founder, CTO and Director
Yaniv EvenHaim, Vice President - Research & Development
Menashe Shemesh, Chief Officer
Nadav Abrahami, CoFounder Development
Eitan Adv, Chief Officer
Omer Shai, Chief Marketing Officer
Nir Zohar, President COO
Shelly Meyer, Chief Officer
Joe Pollaro, Head Relations
Yoav Abrahami, Chief Development
Avishai Abrahami, Co-Founder, Honorary Chairman and CEO

WixCom Stock Performance Indicators

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