Lifeward (LFWD) adds new board chair as Kidron exits board
Rhea-AI Filing Summary
Lifeward Ltd. (LFWD) reported changes to its Board of Directors. On August 14, 2026, the Board appointed Yonason Greenwald and Haggai Zamir as Class III Directors, with initial terms expiring at the 2026 Annual Meeting of Shareholders. Mr. Greenwald will serve on the Audit, Compensation, and Nominating and Corporate Governance Committees, and Mr. Zamir will serve on the Nominating and Corporate Governance Committee.
On August 20, 2026, the Board appointed Avraham Gabay as a Class III Director and Chair of the Board, also with a term expiring at the 2026 Annual Meeting. All three will receive the company’s standard non-employee director compensation. On the same date, Nadav Kidron resigned from the Board, effective immediately; the company states his departure did not result from any disagreement regarding operations, policies, or practices.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Board appointment date: August 14, 2026
Additional appointment and resignation date: August 20, 2026
Annual meeting term end: 2026
+1 more
4 metrics
Board appointment date
August 14, 2026
Date the Board appointed Yonason Greenwald and Haggai Zamir as Class III Directors
Additional appointment and resignation date
August 20, 2026
Date the Board appointed Avraham Gabay as Class III Director and Chair and Nadav Kidron resigned
Annual meeting term end
2026
Year of the Annual Meeting of Shareholders when the initial Class III Director terms expire
Company phone number
+508.251.1154
Registrant’s telephone number listed for Lifeward Ltd.
Key Terms
Class III Director, Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee, +1 more
5 terms
Class III Director regulatory
"appointed Yonason Greenwald and Haggai Zamir, each to serve as a Class III Director"
A Class III director is a board member placed in one of the numbered groups used by companies with a staggered (or “classified”) board; that director’s seat typically comes up for election in the third year of a three-year rotation. For investors this matters because staggered terms create continuity but also make it harder to replace the whole board quickly, affecting shareholder influence, takeover dynamics and how fast new strategy or accountability can be implemented — like replacing only some players on a sports team each season instead of the whole roster at once.
Audit Committee financial
"Mr. Greenwald will serve as a member of each of the Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Compensation Committee financial
"Mr. Greenwald will serve as a member of each of the Audit Committee, Compensation Committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Nominating and Corporate Governance Committee regulatory
"and Nominating and Corporate Governance Committee and Mr. Zamir will serve"
A nominating and corporate governance committee is a group within a company's board of directors responsible for selecting and recommending individuals to serve as company leaders, such as directors or executives. They also develop and oversee policies to ensure the company is run fairly, ethically, and transparently. This committee matters to investors because it helps ensure the company is well-managed and guided by qualified, responsible leadership.
Item 404(a) of Regulation S-K regulatory
"no transactions in which Mr. Greenwald, Mr. Zamir or Mr. Gabay have an interest requiring disclosure under Item 404(a) of Regulation S-K"
FAQ
What board changes did Lifeward Ltd. (LFWD) announce in this 8-K?
Lifeward Ltd. appointed Yonason Greenwald, Haggai Zamir, and Avraham Gabay as Class III Directors, with Mr. Gabay also becoming Chair of the Board, and reported the resignation of director Nadav Kidron, effective August 20, 2026.
What are the terms of the new Lifeward (LFWD) directors’ appointments?
The Board appointed Yonason Greenwald, Haggai Zamir, and Avraham Gabay as Class III Directors, each with an initial term expiring at Lifeward’s 2026 Annual Meeting of Shareholders.
Which board committees will the new Lifeward (LFWD) directors serve on?
Yonason Greenwald will serve on the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee. Haggai Zamir will serve on the Nominating and Corporate Governance Committee. Avraham Gabay will serve as Chair of the Board.
How will the new Lifeward (LFWD) directors be compensated?
Each of Yonason Greenwald, Haggai Zamir, and Avraham Gabay will receive the standard compensation for non-employee directors of Lifeward Ltd., as described in the company’s Form 10-K Director Compensation disclosure filed on March 18, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
