A seasoned professional with over 50 years of operations’ experience in both public and private companies. His industry experience encompasses manufacturing, processing, retail, and distribution increasing corporate value by millions of dollars. As an accomplished entrepreneur and turnaround specialist, Prof. Meidar has revitalized more than 50 companies.
Prof. Meidar was the Founder and CEO of MAG Industrial Automation Systems, a privately held company servicing the aerospace, automotive, mining, heavy equipment and solar and wind power industries. With 2008 revenues of over $1.7 billion, more than 4,000 employees globally in extensive international markets, MAG was sold in 2015.
Prof. Meidar holds more than 80 personal patents and has taught entrepreneurial economics as a Professor at Karlsruhe University in Germany.
Prof. Meidar co-founded the Tracxpoint concept, technology and vision with Gidon Moshkovitz.