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Telit loses chief executive again

Sep 22, 2018 - The Daily Telegraph (London)

Scandal-hit tech firm Telit Communications has severed ties with its second chief executive in just over a year. Telit said that Yosi Fait - who stepped up from the role of finance director only last August - will "cease to be a director and CEO with immediate effect". Telit's previous chief executive Oozi Cats left the company last August over his alleged links to a property fraud.