On August 17, 2022, Ceragon Network Ltd announced that it has appointed a new chief financial officer named Ronen Stein as previous CFO, Ran Vered, quit in March. The Company stated that Ronen Stein will start working after 21 September and Stein has extensive experience in mergers and acquisitions in diverse industries, leading transactions. In addition, the Company stated that Stein will provide financial and strategic leadership and planning to help accelerate Company business momentum and deliver profitable growth.