1997- Center for Technological adduction, Holon. Member of Teaching Board
Lecturing finance and Int'l Marketing in Management of Technology
1989 – 1998 - Tel-Aviv College of Business Administration, Tel-Aviv, Israel Member of Teaching Board
Published articles in professional journals. Tenth edition of my book, "Financing Basics", was published by the Tel-Aviv College of Business Administration in 1998.
I have lectured on financing and operational research.
1980 – 1985 - Center for Agricultural Research, Israel
Researcher and Regional Planner
Conducted applied research as a team leader. Publication of articles in scientific journals and report to the research sponsors.
In addition I have lectured vireos Courses in academic institutes in Israel (Hebrew University, Ruppin, Witzman Institute and more) and in professional seminars conduct by various banks and financial institutions.
2008 - Hi tech Executive
Working (part time) for few Israeli hi tech companies as an in house CFO and/or Business Manager. Preparing the companies for fund raising and/or major activity growth and expansion, pre and post M&A management (On the buyer's as well as on the acquired side). During this time, as WinBuyer CFO, $6.9M was raised from two leading Israeli VCs and as the CFO of CrowdIT and WebsPlanet smaller amounts were raised from angels. All companies (WinBuyer, WebsPlanet, CrowdIT, Innocon, TeraCoate and seeV solutions) increased their activity and sales dramatically in a reduction business environment.
2001-2008 - Integrity Systems Group - CFO
Integrity systems was the leading integrator, Service provider, and software developer of computers infrastructure in Israel. The group employees above 200 employees and provides its services to leading Israeli and International companies. The company sales its products through its worldwide distribution chain. In 2007 I was leading the sale of the Company to Glasshouse Inc. a US Integrator. Following the sale the Company was merged with MBI (another Israeli Integrator) to become GlassHouse Israel. I was appointed as Glasshouse Ltd CFO and was responsible for the merging of the 2 companies and merging GlassHouse Ltd with GlassHouse Inc.
One of the Group companies (Illuminator Inc.) raised in 2004/5 $6M from leading US and Israeli VCs and additional $3M as a venture debt. In 2007 I was leading the effort that ended in selling all Illuminator assets to EMC.
1999-2001 - Tescom - Vice President Finance and Management Services
In 2000 Tescom was the biggest Software Quality Assurance service provider worldwide. The company employed above 400 employees in Israel and about the same Number of employees in it's subsidiaries in USA, GB, France, Singapore, Australia and Germany. Direct responsibility for all back office staff (Over 20 employees) including the following departments: Finance, MIS and Administration. I was leading the M&A activity of the company. As part of this responsibility two companies were acquired by Tescom during the year 2000 and few overseas subsidiaries were established.
1996-1999 - Nanonics Lithography - CFO Nanonics Lithography is a start up company developing capital equipment for the semi-conductors industry. The Company raised almost $10M from leading Israeli VCs, angels and the Israeli Government (Chief scientist office).
1994 - 1996 - Optronic Devices, Hauppauge, Long Island, New York - Vice President, Finance & Contracts
ODI, a subsidiary of ELOP- Electooptics Industries used to be the Long Arm for manufacturing and marketing of ELOP in the United States. I was highly involved in the search to acquire U.S. companies as a subsidiary of ODI. My main task was to conduct the due diligence and negotiation of potential businesses. These efforts resulted in the acquisition of Kollsman, Inc in December 1995. Kollsman employed over 650 people and has annual sales in the amount of $100 million. Responsibilities included the raising of capital from U.S. banks and after closing, the reporting methods and accounting procedures on the consolidation of Kollsman Inc. and their subsidiary, KMC into ODI and then into ELOP's financials.
1993 - 1994 - Gat High Technology Center - Member, Board of Directors
1992 - 1994 - ELOP, Electrooptics Industries, Ltd., Rehovot, Israel - Manager, International Contracts and Sales
Managing the international contracts and sales team. In charge of all military and commercial Int'l contracts with principal foreign customers, (approximately $50M per year). Business manager for international business development in civil sector, including channeling all activities and dealing with bi-national foundations, establishment and development of joint ventures and foreign industrial cooperation.
1988 - 1991 - ELOP, Electrooptics Industries, Ltd., Rehovot, Israel - Sales Manager and Marketer - North and Latin American Regions Search for potential customers. Choosing and operating agents abroad. Responsibility for incoming orders amount of $10M annually. Principal customers including Allied Signal Aerospace Company, Martin Marietta, Kaiser Electronics, U.S. Army, industries and defense ministries in Latin America
D. Yaron, A. Ratner, J. Wiler - "Integrating Industrial Plants into the Moshava Economy Benefits and Conflicts”. Economic Analysis and Workers Management No. 3 Vol. XXI (1987) pages 353-373.
A. Dinar, A. Ratner, D. Yaron - "Evaluating Cooperative Game Theory in Water Resources”. Theory and Decision, No. 32 (1992) pages 1-20.
D. Yaron, A. Ratner - "Regional Cooperation in the Use of Irrigation Water - Efficiency and Income Distribution”. Agriculture Economics No. 4 (1990) pages 45-50
D. Yaron, A. Ratner - "Living with Salinity: An Evaluation of Two Policy Measures within a Regional Framework”. In French R.H. ed. Salinity in Watercourses of Reservoirs Proc. of the State of the Art International Symposium July 1983. Ann Arbor Science Book Published (1983) pages 44-45.
D. Yaron, A. Ratner - "Efficiency and Game Theory Analysis of Income Distribution in the Use of Irrigation Water”, presented atIFAC Conference on System Analysis Applied to Water and Related Land Resources, Lisbon (1985).
A. Ratner - "Financing Basics” A textbook used mainly in academic financing courses in Israeli Academic Institutions for business students (published in Hebrew). First edition 1989, 10th edition 1999. (Hebrew)
A. Ratner - "Exercises in Operation Reserves”, 1st edition 1993. (Hebrew)
D. Yaron, A. Dinar, H. Voet, A. Ratner - "Economic Evaluation of the Rate of Substitution between Quantity and Quality (Salinity) of Water in Irrigation”. The Center for Agricultural Economic Research, Working Paper No. 8211 (1982).
D. Yaron, A. Ratner - "The Effect of Increased Water Salinity on Moshavim in the South and Negev Region of Israel”. The Center for Agricultural Economic Research, Working Paper No. 8212 (1982).
D. Yaron, A. Ratner - "Regional Cooperation in the Use of Irrigation Water, Efficiency and Game Theory Analysis of Income Distribution”. The Center for Agricultural Economic Research, Working Paper No. 8603 (1986).
D. Yaron, A. Dinar, A. Ratner - " The Applicability and Usefulness of Cooperation Game Theory in the Analysis of Equity Issues in Regional Water Resource Problems”. The Center of Agricultural Economic Research, Working Paper No. 8701 (1987).
Various articles published in Hebrew dealing with water resource allocations, industrialization of villages in the Arava Valley, Israel.