Duke Robotics Corp. has announced the appointment of Avi Levin as the company's Chief Financial Officer, effective October 1, 2026. Mr. Levin will succeed Shlomo Zakai, who will cease serving as CFO on that date but is expected to continue providing financial and corporate consulting services to support a transition.
Mr. Levin, age 51, brings more than two decades of experience in corporate finance and capital markets. Prior to joining Duke Robotics, he served as Chief Financial Officer of RAD Data Communications from 2023 to 2025. His previous roles include Chief Financial Officer at BlackSwan Technologies from 2021 to 2023 and at Ability Inc. from 2015 to 2020. He also previously worked in New York City at Credit Suisse (now part of UBS) and held corporate finance and controller positions at Broadridge Financial Solutions and Overseas Shipholding Group. Mr. Levin holds a Master of Business Administration from NYU Stern School of Business and is a Certified Public Accountant in both the United States and Israel.
In connection with his appointment, Duke Robotics entered into a Personal Employment Agreement with Mr. Levin. Under the terms of the agreement, Mr. Levin will receive a gross monthly base salary of NIS 52,250 (approximately $17,227) and a gross monthly expense allowance of NIS 2,500 (approximately $824). He is also eligible to receive an annual performance bonus of up to eight monthly salaries, subject to the discretion of the Board. The Company will also contribute towards severance compensation, pension fund, and study fund.
The Employment Agreement allows for termination by either party with one month's prior written notice during the initial six months of employment and two months' notice thereafter. Mr. Levin will also be subject to standard confidentiality, intellectual property assignment, and non-compete provisions.
The Board has approved the future grant of stock options to purchase up to 35,000 shares of the Company’s common stock. These options will be granted pursuant to the Company's 2021 Equity Incentive Plan. The options will have a term of six years and vest over a three-year period, with one-third vesting on the first anniversary of the grant date and the remaining unvested options vesting quarterly over the following 24 months. The exercise price will be equal to the average closing price of the Company’s common stock over the 30 trading days immediately preceding the applicable grant date.
