Tami Mazel Shachar Steps Down as Co-President of NSO
Mazel Shachar served as co-president of the Israeli spyware developer for three years
NSO said Mazel Shachar made the decision to step down herself. Mazel Shachar was brought to NSO by Eran Gorev, an operating partner at Francisco Partners Management LLC, up until recently NSO’s majority stakeholder. The San Francisco-based private equity firm paid $130 million for 70% of NSO’s shares in 2014. In February, NSO co-founders Omri Lavie and Shalev Hulio bought back the company according to a valuation of nearly $1 billion.
Last month, Mazel Shachar spoke at Calcalist’s third annual Mind the Tech conference in New York. Tackling a question about NSO’s possible sale of its spyware to Saudi Arabia, where it was allegedly used to spy on dissidents—including murdered journalist Jamal Khashoggi—Mazel Shachar said NSO never discusses its clients.
NSO’s spyware, Pegasus, is in very limited use, said Mazel Shachar. “It is not a tool for mass surveillance,” she said. “We are not an intelligence agency, but a tech company. We leave the tough decisions to the agencies.”