- CCC Intelligent Solutions Holdings Inc. (CCCS, Financial) appoints Barak Eilam to its Board of Directors.
- Eilam, former CEO of NICE Ltd., brings over 20 years of experience in enterprise software and AI.
- CCC focuses on leveraging AI for growth in the insurance and automotive sectors.
CCC Intelligent Solutions Holdings Inc. (CCCS) has announced the appointment of Barak Eilam, a seasoned technology executive, to its Board of Directors. This strategic move is expected to bolster CCC's expertise in enterprise software, artificial intelligence (AI), and customer engagement technologies. With over two decades of industry experience, Eilam is poised to contribute significantly to CCC's growth initiatives.
During his tenure as CEO of NICE Ltd., Eilam led the company through a phase of expansive growth, enhancing its market dominance in AI-powered customer experiences. Under his leadership, NICE's revenue saw a nearly threefold increase, while its market capitalization grew sevenfold. His industry knowledge is anticipated to be instrumental in supporting CCC's strategic investments in AI and its cloud platform, the CCC IX Cloudâ„¢.
Githesh Ramamurthy, Chairman and CEO of CCC, expressed enthusiasm about Eilam's addition to the board, acknowledging his profound impact on customer-centric innovation. "His experience scaling and driving customer-centric innovation will be a terrific addition to our ability to serve clients and help fuel our next phase of growth," Ramamurthy said.
Barak Eilam regards his new position as a significant opportunity. "It’s an honor to join CCC’s Board at such a dynamic time," said Eilam. He praised CCC's customer satisfaction and retention, aligning with the company’s mission to create meaningful impact across the insurance and automotive sector.
This appointment also marks a leadership transition on the Board, as Chris Egan steps down after his tenure since 2017. CCC extends its gratitude for Egan's contributions and guidance as part of Advent International, L.P.’s investment in the company.
