XTL Biopharmaceuticals (NASDAQ: XTLB) names Niv Segal CFO as Weinstein exits
Rhea-AI Filing Summary
XTL Biopharmaceuticals Ltd. reported a leadership change in its finance team. Chief Financial Officer Itay Weinstein will resign effective December 11, 2025, and the company states his resignation is not due to any disagreement with management.
To replace him, the board appointed Niv Segal as Chief Financial Officer. Segal is a CPA with over 12 years of senior financial management experience, including serving as CFO of G.S. Innplay Labs, where he led a $300M acquisition by Playtika, and CFO of Beach Bum, where he managed its $700M acquisition process. He previously served as Group Corporate Controller at Gix Ltd. and began his career at PwC Israel.
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FAQ
What executive change did XTL Biopharmaceuticals (XTLB) disclose?
XTL Biopharmaceuticals announced that Chief Financial Officer Itay Weinstein will resign effective December 11, 2025. The board has appointed Niv Segal as the new Chief Financial Officer.
Did Itay Weinstein resign from XTLB due to a disagreement?
The company states that Mr. Weinstein’s resignation as Chief Financial Officer was not a result of any disagreement with XTL Biopharmaceuticals or its management.
Who is the new CFO of XTL Biopharmaceuticals (XTLB)?
Niv Segal, a Certified Public Accountant with over 12 years of senior financial management experience, has been appointed Chief Financial Officer by the board of directors.
What relevant experience does new XTLB CFO Niv Segal bring?
Niv Segal previously served as CFO of G.S. Innplay Labs, leading its $300M acquisition by Playtika, and as CFO of Beach Bum, managing its $700M acquisition process. He also worked as Group Corporate Controller at Gix Ltd. and began his career at PwC Israel.
What does XTL Biopharmaceuticals (XTLB) do?
XTL is an IP portfolio company. It owns 100% of The Social Proxy Ltd., a web data company, and has sublicensed an IP portfolio around hCDR1 for treatment of Lupus disease (SLE).
On which exchanges is XTL Biopharmaceuticals (XTLB) traded?
XTL Biopharmaceuticals is listed on the Nasdaq Capital Market under the symbol XTLB and on the Tel Aviv Stock Exchange under the symbol XTLB.TA.