Israeli Business Leaders Celebrate Rosh Hashanah with Events and Appointments
Translated & summarized from Globes by baba
Israeli companies held Rosh Hashanah celebrations with entertainment and awards. Several new executive appointments were announced across different sectors. Additionally, a fund provided scholarships to lone soldiers, highlighting a changing demographic among recipients.
The story in 4 lines · by baba
- Israeli businesses held Rosh Hashanah events with entertainment and awards.
- New CEOs and CFOs appointed at several companies.
- Scholarships awarded to lone soldiers by a Canadian-funded initiative.
- Demographic shifts noted among lone soldier scholarship recipients.
Numerous Israeli business entities held Rosh Hashanah gatherings this past week, featuring performances by artists like Itay Levy and Eden Ben Zaken at Bezeq, and industry awards, such as "Man of the Year" presented to Avigdor Kaplan by the Insurance Companies Association. Other events included inter-industry meetings hosted by groups like Sakra-Golbery.
In personnel news, Daniel Bar Sade was appointed CEO of the "World of Cinema and Electricity" chain, which plans to expand to 30 branches. Adv. Eilat Chen Cohen became CEO of the State Company for the Protection of Mediterranean Coastal Cliffs, and Doron Zander was appointed CFO of the real estate company M. Aviv.
The "Hishtil" fund, established by Canadian philanthropists Jerry Schwartz and Heather Reisman, awarded scholarships totaling hundreds of thousands of shekels to approximately 100 lone soldiers released since October 7. These scholarships cover full tuition and living expenses, with 10% of recipients studying medicine. The fund noted a demographic shift among lone soldiers, with an increasing number being Israeli-born, including those from the Haredi community, alongside immigrants from the former Soviet Union and North America. The couple has invested about half a billion shekels in the fund's activities in Israel over the past 20 years.
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