Melisron CEO Ophir Sarid Dies at 54 After Illness

Ophir Sarid, the CEO of the real estate group Melisron, has passed away at the age of 54. Sarid led the company for the past seven years, overseeing its expansion into the residential sector. He had been on medical leave since early September due to health reasons, and Oren Hilinger was appointed as his interim replacement.

Sarid had a 15-year tenure at Melisron, starting in 2011 as CFO, where he managed the company's financial and business operations. He was appointed CEO in October 2019. During his leadership, in addition to Melisron's existing activities in malls, offices, and high-tech parks, he spearheaded the development of the residential arm through the acquisition of its subsidiary, Aviv Melisron.

Sarid was a certified public accountant with a bachelor's degree in economics and accounting from the University of Haifa and a master's degree in law from Bar-Ilan University. Melisron announced his medical leave on September 2nd. Last week, following a decline in his condition, the company announced his departure from his role.

Liora Ofer, Melisron's controlling shareholder and chairwoman of the board, expressed her grief, stating, "I am pained by the untimely passing of Ophir, who beyond being an esteemed, professional, and talented CEO, was a true friend and partner in vision and path. Ophir was a person of values and beloved, and I will miss him greatly. His work and significant contribution will continue to accompany Melisron going forward."

Sarid is survived by his wife and three children.