Beyond Oil Ltd. announced that Dr. Tamir Gedo has resigned as Chief Executive Officer (CEO). Dr. Gedo will remain with the Company as a consultant until April 2023 to ensure a smooth transition and seamless transfer of duties and responsibilities. The Board has appointed Jonathan Or, Co-founder and Chief Marketing Officer of Beyond Oil, as Interim CEO.

The board intends to search for a permanent CEO including the consideration of Mr. Or as a competitive candidate. Mr. Or is a Co-founder and larger shareholder of Beyond Oil, and along with his father, has built Beyond Oil from a small lab in their garage in northern Israel to an innovative company in the food technology sector. Mr. Or has an Accounting and Business Management degree from Reichman University.

He is also certificated as a board director by the Israeli Bar Association and in Product Management by Technion University.