A2Z Cust2Mate Announces Chairman Transition
Rhea-AI Summary
A2Z Cust2Mate (NASDAQ: AZ) announced on January 2, 2026 that Bentsur Joseph stepped down as Director and Chairman effective December 31, 2025. The company said CEO Gadi Graus has been appointed Interim Chairman in addition to his CEO role.
The board has begun a structured search to appoint a new, experienced chairperson with a track record of leading large global companies to support A2Z Cust2Mate's next phase of growth and international scaling.
Positive
- Interim continuity: CEO Gadi Graus appointed Interim Chairman immediately
- Board search launched for an experienced chairperson to support global scaling
- Founder credit: Company credits Bentsur Joseph with founding and building the business
Negative
- Founder departure: Bentsur Joseph stepped down as Director and Chairman
- Governance concentration: CEO holds dual CEO and Interim Chairman roles
News Market Reaction – AZ
On the day this news was published, AZ gained 4.92%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
Peers show a mixed tape: TRAK +0.73%, BZAI +0.52%, MTLS +0.54% versus EGHT -1.5% and LAW -1.15%, suggesting stock-specific factors rather than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 31 | Conference participation | Neutral | +1.2% | ICR conference and NRF showcase participation with investor meetings planned. |
| Dec 11 | Leadership expansion | Positive | -4.5% | New heads of sales in Americas and Europe to drive global growth. |
| Dec 10 | Investor meeting | Positive | -2.8% | Virtual investor event outlining strategy and >$110M commercialization pipeline. |
| Dec 03 | Deployment agreement | Positive | +0.9% | Smart cart deployment deal with Central American retailer operating 50+ stores. |
| Nov 25 | Large purchase order | Positive | +16.9% | Order for 3,000 smart carts worth $30M with recurring fee structure. |
Recent company-building announcements have often been positive in tone, but price reactions were mixed, with some growth-oriented updates followed by short-term pullbacks.
Over the past few months, A2Z Cust2Mate announced several growth milestones, including a $30 million order for 3,000 smart carts and a Central American deployment agreement, alongside an investor meeting highlighting purchase orders exceeding $110 million. Leadership hires for the Americas and Europe and upcoming conference appearances reinforced a global expansion strategy. The current chairman transition fits into this broader maturation phase as the company prepares for its next growth stage.
Market Pulse Summary
This announcement details the founder-chairman’s resignation effective December 31, 2025 and the CEO’s appointment as interim chairman while a formal search for an experienced global chairperson proceeds. In recent months the company highlighted sizeable smart cart orders, new geographic deployments, and leadership hires supporting expansion. Investors may monitor how board composition evolves, how closely strategy tracks prior growth messaging, and whether commercial execution remains consistent through the transition period.
AI-generated analysis. Not financial advice.
Bentsur Joseph Steps Down as Director and Chairman; CEO Gadi Graus Appointed Interim Chairman
Following Mr. Joseph's resignation, Mr. Gadi Graus, Chief Executive Officer of A2Z Cust2Mate, has been appointed Interim Chairman of the Board, in addition to his role as CEO.
The Company has initiated a structured process to identify and appoint a highly experienced Chairperson, with a proven track record in leading large, global companies, to support A2Z Cust2Mate's next phase of growth and global scale.
"I am extremely proud of what we have accomplished at A2Z Cust2Mate," said Bentsur Joseph, outgoing Chairman. "Together with an exceptional team, we built the Company from an idea into a strong, growing organization with a leading product, marquis customers, and a clear global opportunity. I firmly believe A2Z Cust2Mate has the potential to reach a multi-billion-dollar valuation. At this stage, the Company is ready for a chairperson with deep experience in scaling and leading large global businesses, someone who can help take it to the next level, expand internationally, penetrate new markets, and accelerate growth."
"I would like to sincerely thank Bentsur for his vision, leadership, and enormous contribution to A2Z Cust2Mate," said Gadi Graus, CEO and Interim Chairman. "Bentsur is the visionary who founded the Company and successfully turned his vision into a strong and growing reality. On behalf of the Board, management, and employees, I thank Bentsur for the partnership and dedication that brought A2Z Cust2Mate to where it is today. We remain focused on executing our strategy and building on the solid foundation he helped establish."
About A2Z Cust2Mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) creates innovative solutions for complex challenges that bring innovation, ease, excitement and value to retailers and shoppers. The company's flagship innovative smart cart solutions are transforming brick-and-mortar retail, bridging online and in-store shopping through interactive technology that guides and informs customers. Cust2Mate's AI-driven smart carts personalize every in-store journey, turning routine trips into engaging, rewarding experiences. They enable seamless in-cart scanning and payment, allowing shoppers to bypass checkout lines while receiving real-time customized offers and product recommendations. This enhanced customer experience boosts satisfaction and loyalty while helping retailers streamline operations and optimize merchandising through data-driven insights. The carts are equipped with multiple layers of security for accurate recognition and transaction integrity. Its modular, all-in-one detachable panels transform legacy shopping cart fleets into intelligent platforms that deliver a range of benefits.
For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit: www.cust2mate.com.
Forward Looking Statements
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "will", "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with the market for our products, the impact of geopolitical, economic, competitive and other factors affecting the Company and its operations, and other matters detailed in reports filed by the Company with the Securities and Exchange Commission.
View original content:https://www.prnewswire.com/news-releases/a2z-cust2mate-announces-chairman-transition-302651660.html
SOURCE A2Z Cust2Mate Solutions Corp.
FAQ
Who is the new Interim Chairman of A2Z Cust2Mate (AZ) and when was the change announced?
Why did Bentsur Joseph step down as Chairman of A2Z Cust2Mate (AZ)?
Will A2Z Cust2Mate (AZ) search for a permanent chairperson and what qualities are they seeking?
Does the board change affect A2Z Cust2Mate's leadership team immediately?
Is the founder leaving A2Z Cust2Mate (AZ) entirely after stepping down as Chairman?
