Board of Directors
Avner Gal serves as our Chairman of the Board and Chief Executive Officer since our founding in 2001. Prior to founding us, Mr. Gal served as a managing director of Solid Systems, an Israeli start-up company engaged in the development of radar and ultra-sound technologies, from 2000 to 2001. From 1999 to 2000, Mr. Gal served as an engineering department manager with Comverse Network Systems. From 1996 to 1999, Mr. Gal was a section head at MTI Engineering Ltd., a consulting company and electronic systems provider in the communications, aerospace and military industries. Prior to entering the private sector, Mr. Gal served for twenty-three years in various field and headquarters positions in the Israeli Navy and retired as a Naval Commander. Mr. Gal received a Bachelor of Science degree in electrical engineering from the Technion – Israeli Institute of Technology in Haifa, Israel, a Master of Science degree in electrical engineering from the Naval Postgraduate School in Monterey, California and a Master of Business Administration in marketing management from the University of Derby, Israeli Branch, Ramat-Efaal, Israel. As an Israeli Naval Officer, Mr. Gal spent the majority of his duty as a development engineer. Among other projects, he initiated, characterized and managed the development of a full Electronic Warfare (EW) suite (interception and deception), which is still operational on board all missile patrol boats of the Israeli Navy. Another EW system which Mr. Gal was in charge of developing is operational on board Israeli submarines. Mr. Gal was also the head of the Israeli Navy’s technical intelligence branch and served as the managing integrator for the electronic combat suite on board Dolphin submarines. During the last 25 years Mr. Gal has been (and still is) the primary instructor in the Naval Projects’ Officers Course.
David Malka is a co-founder of Integrity Applications, and has served as our Vice President of Operations since 2003 and as an Executive Vice President for Operations since March 2012. Prior to joining us, Mr. Malka served as a vice president of operations for Solid Systems from 2000 to 2003. From 1994 to 2000, Mr. Malka served as a manager of production and purchasing at Kollmorgen-Servotronix, an Israeli company specializing in the design, development, and manufacture and import of digital servo control systems. Mr. Malka has a degree in practical engineering – industrial management from the Institute of Work & Production Productivity, Tel-Aviv and a B.A. in management from the Open University in Israel.
Phil Darivoff serves as one of our directors since 2016. Mr. Darivoff currently serves as Chairman of the Board of DFG Investment Advisors and DFG’s parent company, Vibrant Capital Partners, LLC. DFG Investment Advisers (“DFG”) is a NY-based SEC-registered asset management firm specializing in structured and alternative credit products.
Prior to joining DFG in 2013, Mr. Darivoff spent nearly 27 years at Goldman Sachs, where he served Head of Capital Markets, Co-Head of the Corporate Bond Department, and Chairman of Credit Capital Markets. Phil also served as a member of the firm’s Structured Finance Capital Committee and director of Goldman Sachs’ Office of Alumni Relations.
Mr. Darivoff is Chairman of the National Museum of American Jewish History on Independence Mall in Philadelphia and serves on the National Board of AIPAC. Previously he served as Chairman of the Board of the University of Pennsylvania’s Katz Center for Advanced Judaic Studies and the Board of Penn’s School of Arts & Sciences. He remains an Emeritus member of the Board of the Wharton School and serves on the board and Executive Committee of Clal, the National Jewish Center for Leadership and Learning.
Phil received a BSE and an MBA from the University of Pennsylvania’s Wharton School.
Dr. Robert Fischell serves as one of our directors since 2010. Dr. Fischell is an inventor and serial entrepreneur with over 200 issued U.S. patents, including the first implantable insulin pump (MiniMed, acquired by Medtronic).
Dr. Fischell spent 30 years with the Johns Hopkins University Applied Physics Laboratory, which resulted in 53 patents in both aerospace and biomedical technology. Starting in 1969, Dr. Fischell began the formation of 14 private medical device companies that licensed his patents. These companies include Pacesetter Systems, Inc. (purchased by Siemens and now part of St. Jude Medical, Inc.), IsoStent, Inc. (merged with Cordis Company, a Johnson and Johnson Company), NeuroPace, Inc., eNeura, Inc., Angel Medical Systems, Inc., and Svelte Medical Systems, Inc.
Dr. Fischell’s honors include Inventor of the Year for the USA, election to the National Academy of Engineering and the National Academy of Inventors, the Distinguished Physics Alumnus Award of the University of Maryland, Discover magazine’s annual Technology for Humanity award, and several medals for distinguished accomplishments in science, engineering and innovation. In May 2016 Dr. Fischell received the National Medal for Technology and Innovation from President Obama in recognition of being one of the most distinguished inventors in the USA.
Dr. Fischell received a BSME from Duke University and an MS and Sc.D. from the University of Maryland, and received the honorary degree of Doctor of Humane Letters from the Johns Hopkins University in recognition of his many life-saving inventions. In May 2016 Dr. Fischell received an honorary Doctor of Engineering degree from the Stevens Institute of Technology in honor of his outstanding accomplishments in engineering.
Angela Strand serves as one of our directors since 2016. Ms. Strand is the Founder and Managing Director of Strand Strategy, a healthcare management and consulting firm; a Founder of Nohm, a joint venture between Smith Electric Vehicles and FDG Electric Vehicles Ltd. (HK: 729HK), and the Founder and CEO of Cliffdive Records, an independent record label.
Ms. Strand is a serial entrepreneur with more than 25 years of experience in building disruptive, technology-based products and companies across a range of diverse global industries, including biotech/medtech, consumer health, technology, software and transportation & logistics. From 2011-2015, Ms. Strand served as the Chief Marketing Officer and head of business development and government affairs for Smith Electric Vehicles. She has also served as Vice President of Market Development for Proteus Digital Health, and in various executive roles at Aerogen (acquired by Nektar Therapeutics, NASDAQ:NKTR), Novacept (acquired by Cytyc, NASDAQ: CYTC, now NASDAQ: HOLX) and FemRx (acquired by Johnson & Johnson, NYSE: JNJ). Ms. Strand started her career at IBM, FedEx Express, and Baxter Healthcare.
Ms. Strand is also a named inventor with seven issued patents. Ms. Strand received a BS in communications, magna cum laude and an MBA, Dean’s Fellowship from the University of Tennessee.
Les Seff serves as one of our directors since 2016. Mr. Seff currently serves as President of Matthew B. Management, Inc., which provides consulting services to the financial service industry, and has been an expert in several high profile cases. Additionally, he is currently the Chief Operating Officer of AIMPaaS LLC, a financial software company that provides trading and compliance solutions for asset managers.
Mr. Seff has worked in the financial service industry for over 30 years, most of which occurred in a trading environment where he started and managed NASDAQ and other equity trading departments at wholesale firms, retail/institutional firms, discount brokerage firms, and proprietary trading firms. He ran the NASDAQ Trading Department of Fidelity Investments, a unit that he started at Wagner Stott & Co., and subsequently managed at Fidelity, growing the department to the 12th largest in the country.
Mr. Seff has been an Allied Member of the New York Stock Exchange, and the managing member of his own NASD member firm. Mr. Seff received a BBA, cum laude with high honors from Hofstra University, and an MBA from Bernard Baruch College (City University of New York). In recent years he has guest lectured at NYU, Fordham, and Bernard Baruch graduate schools, and until 2010 had been the host and producer of a local access cable TV show in New York State.
Revan Schwartz, JD serves as one of our directors since 2016. Mr. Schwartz is an attorney and currently maintains a private law practice.
Mr. Schwartz has more than 30 years of experience in corporate and securities law. He held the position of General Counsel for AAA Computer, Hafco International Trading Corporation, Bermil Industries, Viking Credit Corp and The Pride Group.
Most recently Revan was Senior Vice President and General Counsel for Andrew Garrett, Inc., a boutique securities and investment banking firm. While with Andrew Garrett, Mr. Schwartz possessed NASD/FINRA Series 4, 7, 24, 27, 53 and 55 licenses. Mr. Schwartz began his career with the East New York Savings Bank (ENYSB) where he held several administrative and management positions, including a position overseeing a life insurance subsidiary.
Mr. Schwartz received a BS, with a major in accounting and a minor in economics, summa cum laude, from New York Institute of Technology, and a JD, cum laude, from St. John’s University. He is currently a member of the New York and Florida bars.