CARY, N.C. – Rami Doron, a former executive at Comverse, is the new chief operating officer at software firm Sapiens.

Doron’s appointment is part of a turnaround plan for the company that was launched recently by Chief Executive Officer Roni Al-Dor.

Sapiens (NASDAQ: SPNS) is part of the Formula Group of companies. Al-Dor’s plan calls for greater consolidation and cooperation among Formula Group’s subsidiaries.

Sapiens works with the insurance industry.

"I have known Rami Doron for many years, and I have personally observed his leadership abilities and his successes project management,” Al-Dor said. “He has over 20
years of international experience in the software world.”