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    The Board of Directors appointed Mr. Yitzhak Balmas, Senior Vice President for Customer Relations, as acting CEO

     The date of the approval of his appointment by the Brenner Committee as CEO in practice or until the date of assumption of the function of CEO by the New CEO.

    Mr. Eli Glickman would end his duty as CEO of the Company on 30 April 2015

    27.4.2015
    Following the Company's CEO, Mr. Eli Glickman's announcement that he intends to resign from office of Company CEO, and the immediate report dated 16 March 2015, regarding the Board of Directors decision to adopt the committee' recommendation to appoint Mr. Ofer Bloch as CEO of the Company, the Company hereby announces that  yesterday, 27 April 2015, the Company's Board of  Directors decided that Mr. Eli Glickman's would end his duty as CEO of the Company on 30 April 2015.
    The Board of Directors expressed their appreciation to Mr. Glickman for his dedicated and responsible work, and his determination leading the Company during this turbulent period, including the time from his announcement in September 2014 when he announced that he intends to resign from office.
     

    Following the published 2014 financial Statements, the financial Statements and the investor presentation for the year ended December 31, 2014 are available on our website.


     

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