After spending the past four years in a less active role, the co-founder and former CEO of Leverate, Ran Strauss is returning to his position.

The co-founder and long-time non-executive director of Leverate is returning to the helm of the company

 He will be replacing Yasha Polyakov who resigns after leading the company since August 2017.

The co-founder of Leverate, Ran Strauss, held the CEO position for the first eight years during the first years of the company’s existence. Since Strauss relinquished his position at the helm early in 2015, he has been actively involved in the company as a major shareholder and a non-executive board member.

Polyakov cites fatigue as a critical factor for his decision to resign from the CEO role. Commenting to company employees yesterday, Polyakov stated: “It has been a tough decision for me, personally and professionally. In my period at Leverate, the company has seen major growth in all fronts.”

Over the tenure of Polyakov, Leverate expanded into payments, regulations, and marketing solutions. “Today, Leverate is stronger than ever, and so I feel very comfortable to hand over the reins,” the former CEO of the company elaborated.

Considering to remain in the company

Upon retaking his CEO role, Strauss shared his thoughts on the tenure of Polyakov: “I have tremendous appreciation for Yasha, both personally and professionally. He has led the company through challenging times and steered it in new and promising directions. I am confident that Leverate will retain its place as a market leader, while we keep growing and striving for new heights.”

In a joint statement, Polyakov and Strauss said: “We have absolutely no doubt that Leverate will keep going strong and remain at the peak of the industry. Our quality is reflected in our constant innovation, and in the attention, we give to each clients’ needs.”

“We anticipate even more positive growth for the company in the years ahead, as we continue to expand into new markets and develop innovative products while providing our clients with the added value they need to succeed,” the former and current CEO of Leverate concluded.

Polyakov is at present considering whether to remain with the company in a less engaging role, sources with knowledge of the matter shared with Finance Magnates.

First published in Finance Magnates

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