Senvest Capital Inc. Announces Passing of CEO and Chairman

MONTREAL, Dec. 27, 2025 (GLOBE NEWSWIRE) -- Senvest Capital Inc. (the “Corporation” or “Senvest”) (TSX: SEC) announces with profound sadness the passing of its founder and long-time leader, Victor Mashaal, who served as President, Chief Executive Officer, and Chairman of the Board of Directors. Victor passed away at the age of 87 following a brief illness. He was a deeply respected and admired leader and a mentor to the entire Senvest family. He will be greatly missed.

Senvest Capital Inc. has announced the unfortunate passing of its Chief Executive Officer and Chairman of the Board, signaling a significant transition for the company. The news was disclosed through a formal press release, which reflected the company’s deep sorrow over the loss of its leader, whose impactful contributions were instrumental in Senvest's strategic direction and overall success.

The announcement emphasized the respect and admiration held for the late CEO within the company and the broader financial community. His innovative vision and unwavering commitment to excellence shaped Senvest Capital into a significant player in the investment industry. His leadership not only guided the company's growth metrics but also cultivated a strong corporate culture that prioritizes integrity and strategic foresight.

Following this unexpected event, Senvest Capital is poised to navigate this leadership transition carefully. The Board of Directors will meet to discuss the next steps in appointing an interim CEO, ensuring that there is continuity in the executive leadership and that the company's operations remain unaffected during this period of mourning and adjustment. Investors and stakeholders will be closely monitoring the situation to gauge how the company adapts to this profound change.

The press release also requested privacy for the family of the deceased executive during this difficult time, highlighting the human aspect of corporate leadership and the personal connections that often go unseen in the public eye. Senvest Capital's statement serves as a reminder of the importance of legacy within corporate structures, where leaders not only drive profits but also influence company culture and community relations.

Looking ahead, Senvest Capital is committed to honoring the late CEO’s legacy by continuing to uphold the principles of innovation and excellence that he instilled. The company seeks to reassure its clients, employees, and partners that it remains dedicated to providing quality service and maintaining operational integrity. The vision for the future will undoubtedly be influenced by the core values that the former CEO established, focusing on strategic growth and responsible investing.