Foreign Filer Report • May 16, 2024
Foreign Filer Report
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For the month of May 2024 (Report No. 3)
Commission File Number: 0-27466
NICE LTD.
(Translation of Registrant's Name into English)
13 Zarchin Street, P.O. Box 690, Ra'anana 4310602, Israel (Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
This Report on Form 6-K of NICE consists of the following documents, which are attached hereto and incorporated by reference herein:
99.1 Press Release: NICE Announces Planned CEO Transition, Dated May 16, 2024.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
By: /s/ Tali Mirsky Name: Tali Mirsky Title: Corporate VP, General Counsel and Corporate Secretary
Dated: May 16, 2024
99.1 Press Release: NICE Announces Planned CEO Transition, Dated May 16, 2024.
Hoboken, N.J., May 16, 2024 – NICE (Nasdaq: NICE) today announced a planned leadership transition. Barak Eilam, Chief Executive Officer, has informed the Board of Directors of his decision to step down from his position, effective December 31, 2024. Eilam will remain CEO until the end of the year, ensuring a smooth transition. He will actively participate in the search for his successor alongside the Board and collaborate with the new leader during a transition period. Furthermore, Eilam will continue to act in a strategic consulting capacity during the first half of 2025. The Board has initiated a CEO search to identify the company's next leader in partnership with a top executive recruiting firm. The search will consider both internal and external candidates to ensure the best fit for NICE.
"The Board extends its gratitude for the remarkable achievements NICE has accomplished under Barak's ten-year leadership," said David Kostman, Chairman of the Board at NICE. "The company is well positioned for the future as a leader in cloud, digital and AI. We deeply appreciate Barak's unwavering commitment to NICE and look forward to continuing our work with him toward executing our 2024 plan, setting the company up for future success, and collaborating with him throughout the CEO search to ensure a smooth leadership handover."
Barak's leadership has been transformative for NICE. During his tenure, NICE's visionary strategy propelled the company to undisputed leadership across its markets. Under Barak's guidance, the company is now a key player in the enterprise software market leveraging cloud and AI and is well positioned for ongoing prosperity. With relentless focus on innovation and strategic acquisitions, he transformed NICE into a cloud leader, building the industry's most advanced AI platform. As CEO, Barak has built a great foundation for the future with a strong leadership team and orchestrated tremendous shareholder value creation: the total addressable market expanded fivefold; total revenue tripled; cloud revenue rapidly grew from near zero to \$1.6 billion; and earnings per share more than tripled.
"Leading NICE for the past decade has been the pinnacle of my career. It is an honor to work alongside a team of 8,500 talented and dedicated NICErs around the globe. While my team and NICE's mission continues to inspire me daily, after 25 years at NICE and with the company poised for continued leadership and success, it's the right time to transition the helm of the company to a new leader" said Barak Eilam, CEO, NICE.
Mr. Eilam continued, "I remain laser focused to deliver our 2024 plan, support the success of our customers and partners and work closely with our product teams on our exciting innovations. NICE has a bright future ahead, and I'm committed to ensuring a seamless transition."
With NICE (Nasdaq: NICE), it's never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world's #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered self-service and agent-assisted CX software for the contact center – and beyond. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform - and elevate - every customer interaction. www.nice.com
Christopher Irwin-Dudek, +1 201 561 4442, [email protected], ET
Marty Cohen, +1 551 256 5354, [email protected], ET Omri Arens, +972 3 763 0127, [email protected], CET
Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: www.nice.com/nice-trademarks.
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Eilam, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the "Company"). In some cases, such forward-looking statements can be identified by terms such as "believe," "expect," "seek," "may," "will," "intend," "should," "project," "anticipate," "plan," "estimate," or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions; competition; successful execution of the Company's growth strategy; success and growth of the Company's cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties in making additional acquisitions or difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company's dependency on third-party cloud computing platform providers, hosting facilities and service partners; cyber security attacks or other security breaches against the Company; privacy concerns; changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geo-political conditions, such as the impact of conflicts in the Middle East that may disrupt our business and the global economy; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the "SEC"). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the SEC, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

הובוקן, ניו ג'רזי, 16 במאי, 2024 – נייס )נאסד"ק: NICE )הודיעה היום על פרישתו המתוכננת של מנכ"ל החברה, ברק עילם, ותכנית לאיתור מחליפו העתידי. ברק עילם הודיע לדירקטוריון על החלטתו לפרוש מתפקידו, ב31- בדצמבר .2024 עילם יישאר בתפקידו כמנכ"ל עד סוף השנה, מה שמבטיח המשכיות בפעילות החברה. הוא ישתתף באופן פעיל בחיפוש אחר מחליפו לצד הדירקטוריון ו יעבוד באופן צמוד עם המנכ"ל החדש כדי להבטיח את המשך הצלחת החברה . כמו כן, עילם י משיך לייעץ ולתמוך באסטרטגית החברה במהלך המחצית הראשונה של .2025 הדירקטוריון הקים ועדה לאיתור מנכ"ל חדש בשותפות עם חברת גיוס מובילה. במהלך החיפוש ישקלו מועמדים/ות מתוך ומחוץ לחברה כדי להבטיח התאמה מיטבית.
"הדירקטוריון מודה לברק על ההישגים המדהימים שהשיגה נייס תחת הנהגתו בת עשר השנים", אמר דיוויד קוסטמן, יו"ר דירקטוריון נייס. "החברה ממוצבת היטב להמשך הצלחה עתידית כמובילת שוק בתחומי הענן, הדיגיטל והבינה המלאכותית. אנו מעריכים מאוד את מחויבותו הבלתי מעורערת של ברק לנייס, ויחד נמשיך לעבוד על ביצוע תוכנית העבודה של החברה לשנת 2024 ולהמשיך את מומנטום ההצלחה שלה. כמו כן, נעבוד באופן צמוד עם ברק במהלך תהליך האיתור למנכ"ל חדש והבטחת תקופת מעבר חלקה".
המנהיגות של ברק היתה טרנספורמטיבית עבור נייס. במהלך כהונתו כמנכ"ל, החזון האסטרטגי של נייס הניע את החברה למובילות מובהקת בשווקים בהם היא פועלת. בהובלתו של ברק, יחד עם הצוות הניהולי של נייס, הפכה החברה לשחקנית מפתח בשוק הגלובלי של תוכנה לארגונים, במינוף פעילות הענן והבינה המלאכותית, והיא ממוצבת להמשך צמיחה והובלה. ה התמקדות הבלתי מתפשרת של ברק בחדשנות וברכישות אסטרטגיות הפכה את נייס למובילת ענן עם פלטפורמת הבינה המלאכותית המתקדמת ביותר בתעשייה. כמנכ"ל, ברק בנה בסיס איתן לחברה עם הנהלה חזקה והוביל יצירת ערך ניכר לבעלי המניות: סך שוק המטרה )TAM )התרחב וגדל פי חמישה, ה הכנסות השנתיות שולשו, הכנסות הענן צמחו במהירות מאפס ל1.6- מיליארד דולר, והרווח למניה גדל יותר מפי שלוש.
"תפקידי כמנכ"ל נייס בעשור האחרון היה פסגת הקריירה שלי. אני גאה לעבוד לצד 8,500 נייסרים - עובדי נייס - מוכשרים ואנרגטיים ברחבי העולם. בעוד שצוות ההנהלה שלי והחזון של נייס ממשיכים לעורר בי השראה מדי יום, אחרי 25 שנה בנייס, וכשהחברה ממוצבת היטב להמשך הובלת שוק והצלחה, זה הזמן הנכון להעביר את המושכות ולסיים את הפרק המשמעותי הזה בחיי", אמר ברק עילם, מנכ"ל נייס.
מר עילם המשיך, "אני נשאר ממוקד בביצוע תוכנית העבודה של נייס לשנת ,2024 תמיכה בהצלחת הלקוחות והשותפים העיסקיים שלנו והמשך השקעה בחדשנות יחד עם צוותי הפיתוח והמוצר. לנייס יש עתיד מזהיר, ואני מחויב להבטיח מעבר חלק למנכ"ל הבא".
נייס )NICE :NASDAQ, ת"א: נייס( הינה המובילה העולמית במתן פתרונות תוכנה, הן ברישיונות תוכנה והן בענן, ה מאפשרים לארגונים לנקוט בפעולה הבאה הטובה ביותר באמצעות כלים אנליטיים המנתחים מידע מובנה ושאינו מובנה. הפתרונות של נייס מסייעים לארגונים לשפר את חוויית הלקוח, להבטיח ציות לרגולציה, להיאבק בפשיעה פיננסית ולשמור על נכסים. הפתרונות של נייס נמצאים בשימוש של יותר מ25,000- ארגונים ביותר מ 150- מדינות, כולל מעל 85 מהחברות המדורגות ב100- Fortune. www.nice.com
מסמך זה מהווה תרגום נוחות בלבד לעיקרי הדוחות ולהודעה לעיתונות באנגלית שפורסמה בארה"ב, המחייבת מבחינת החברה, והכוללת מידע נוסף, בין היתר בנוגע להפרשים בין GAAP ל-GAAP-Non.
Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE. All other marks are trademarks of their respective owners. For a full list of NICE marks, please see: http://www.nice.com/nice-trademarks.
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements may be identified by words such as "believe," "expect," "seek," "may," "will," "intend," "should," "project," "anticipate," "plan," and similar expressions. Forward-looking statements are based on the current beliefs, expectations and assumptions of the Company's management regarding the future of the Company's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Examples of forward-looking statements include guidance regarding the Company's revenue and earnings and the growth of our cloud, analytics and artificial intelligence business.
Forward looking statements are inherently subject to significant economic, competitive and other uncertainties and contingencies, many of which are beyond the control of management. The Company cautions that these statements are not guarantees of future performance, and investors should not place undue reliance on them. There are or will be important known and unknown factors and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. These factors, include, but are not limited to, risks associated with changes in economic and business conditions, competition, successful execution of the Company's growth strategy, success and growth of the Company's cloud Software-as-a-Service business, difficulties in making additional acquisitions or effectively integrating acquired operations, products, technologies and personnel, the Company's dependency on third-party cloud computing platform providers, hosting facilities and service partners, rapidly changing technology, cyber security attacks or other security breaches against the Company, privacy concerns and legislation impacting the Company's business, changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geo-political conditions, such as the impact of conflicts in the Middle East, that may disrupt our business and the global economyand various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the "SEC").
You are encouraged to carefully review the section entitled "Risk Factors" in our latest Annual Report on Form 20-F and our other filings with the SEC for additional information regarding these and other factors and uncertainties that could affect our future performance. The forward-looking statements contained in this presentation speak only as of the date hereof, and the Company undertakes no obligation to update or revise them, whether as a result of new information, future developments or otherwise, except as required by law.
לפרטים נוספים ניתן ליצור קשר עם: יעל ארנון , שרף תקשורת ,052-720-2703 com.scherfcom@yaela
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