Exclusive: Tradologic CEO Ilan Tzorya to be Succeeded by Top Playtech Executive

Finance Magnates has learned that Ilan Tzorya will be relinquishing his role as Chief Executive Officer (CEO) of Tradologic. He will remain actively engaged with the company in his role as founder, having led the company to becoming one of the leading binary options software providers in the industry. The company has stated that the management change is the conclusion of a long lasting search for a new CEO.

The leadership role will be taken over by Michael Golod, an experienced software development executive, who is joining Tradologic from Playtech.

With extensive experience in managing research and development teams of Playtech in Bulgaria, Ukraine, Israel and Belarus, Mr Golod could be pivotal to leading a new effort into boosting the technological capabilities of Tradologic’s binary options white labeling service.

Michael Golod has 15 years of software development experience, 9 of which have been in leadership positions

According to his LinkedIn profile, Mr Golod has 15 years of software development experience, 9 of which have been in leadership positions. Prior to joining Tradologic, he worked at Playtech for 7 years. Most recently he was Head of Product & Delivery of poker related software and managed a team of 220 employees.

Commenting to Finance Magnates reporters on the new executive appointment, Tradologic’s management team stated: “Michael Golod has been credited for shaping the software development cultures of some of the most influential and valuable companies worldwide.”

“He's an exceptional leader and technologist, committed to our principles and values, and knows how to build a successful business. We can think of no one better than Michael for continuing our mission,” the company’s statement concluded.

Last year Mr Tzorya founded a new company which is developing technology for white labeling services to lottery messenger providers - Lottotech. The company has since become a significant player in that relatively new industry of providing end users with the ability to play a number of lotteries previously unavailable to them.