Zultys Appoints Weinrib Successor

More than a month after its CEO stepped down, Zultys Technologies said today it has named a replacement.

Steve Rothenberg will take the helm and serve on the board of directors. He replaces Avi Weinrib, who resigned on May 2 to focus on the other companies he oversees.

Rothenberg spent most of his career running his own company, which sold SMB hardware/software systems. It was acquired twice – once in 1999 and again in 2003. It’s now owned by Fair Isaac Corp. Rothenberg since has served as interim CEO for a treadmill company and been an angel investor and advisor to early-stage companies in Silicon Valley. One might have thought Rothenberg was the unnamed investor that recently pumped an undisclosed amount of financing into Zultys but Zultys said on Monday that wasn’t the case.

“The board feels fortunate and excited that Steve has agreed to join the company,” said Vladimir Movshovich, vice president of technology at Zultys, in a prepared statement. “He has successfully managed small and medium companies through rapid growth, secured private financing, and has developed sustainable customer relationships.”