Former NICE CEO Barak Eilam to Chair British Fintech Firm Wise
Translated & summarized from Calcalist by baba
Barak Eilam, former CEO of NICE, has been appointed as the designated chairman of the British fintech company Wise, which specializes in international money transfers. Eilam will take over from current chairman David Wells in April 2027. Wise is valued at approximately $12 billion and has about 9,000 employees. Since leaving NICE, Eilam has taken on multiple board positions in various tech and financial companies.
The story in 5 lines · by baba
- Barak Eilam, former NICE CEO, will become the designated chairman of British fintech Wise.
- Wise, a company specializing in international money transfers, is valued at approximately $12 billion.
- Eilam is scheduled to replace current chairman David Wells in April 2027.
- Wise has about 9,000 employees and generates $2.5 billion in annual revenue.
- Eilam has accumulated several board positions since leaving NICE two years ago.
Barak Eilam, who stepped down as CEO of NICE two years ago, is set to become the designated chairman of the British fintech company Wise. The company, formerly known as TransferWise and specializing in international money transfers, is listed on Nasdaq and the London Stock Exchange with a valuation of approximately $12 billion.
Eilam is slated to succeed current chairman David Wells in April 2027, after Wells completes a six-year tenure. Until then, Eilam will also serve as the chair of Wise's nominations and corporate governance committee. Wise operates at a scale comparable to NICE, employing around 9,000 people and generating annual revenues of $2.5 billion with profits of about $600 million. One of the company's founders remains its CEO.
Since leaving NICE after a 25-year tenure, including 10 years as CEO, Eilam has focused on accumulating board positions rather than full-time executive roles. Prior to his departure from NICE, he joined the boards of Israeli company Similrweb and financial information firm FactSet, where he also sits on the compensation committee. In early 2025, he joined the board of Israeli company Payoneer, a role that may diminish in significance pending the completion of Payoneer's $2.75 billion acquisition by Nuvei. Later in 2025, he also joined the board of the American insurtech company CCC Intelligent Solutions.
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