Tel Aviv (Metro Rail News): Moovit, creator of the popular urban mobility app available in over 3,500 cities across 112 countries, is announcing today that Nir Bezalel will assume the role of Chief Executive Officer. Bezalel has been with the company since its inception a little over 13 years ago. He has served as the VP of R&D & CTO and has been responsible for many strategic business initiatives.
Nir Erez, the Co-Founder of Moovit and CEO for the last 13 years, will assume the role of President and strategic advisor to the CEO.
“I am excited to announce Nir Bezalel’s well-deserved appointment as CEO”, stated Nir Erez, President of Moovit. “We have worked together side by side since the company started. I am confident that Nir Bezalel will be a great leader for this organization and will take it to new records. since Moovit started over 13 years ago, we have built a great company that serves more than 1 billion people in 112 countries around the world. Following our record-breaking year – record revenue and a surge in active users – it’s the right time for me to shift my focus to strategy. This will pave the way for new leadership to guide the company into its next era of growth.”
“Moovit has made substantial progress in the last few years with 2023 being the best year in terms of revenue and active users”, said Nir Bezalel, Moovit’s new CEO. “We have been putting significant focus towards consumer revenues, in multiple vectors, and are on the path to being cash flow positive this year via these as well as new innovative approaches. Nir Erez will continue to play a pivotal role in the company’s future, and we’re all grateful for his ongoing contributions. Together, we’ll remain focused on strengthening the organization and business units to achieve our objectives.”
Over the last 25 years, Nir Bezalel has held several key roles in additional technology companies, including VP of R&D at Optimal Test and Director of R&D at NOVA. Nir holds a B.Sc. in Computer Science and an MBA.
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