90-Year-Old Shlomo Eliyahu Returns as Acting CEO of Migdal Holdings
Translated & summarized from TheMarker by baba
At 90 years old, Shlomo Eliyahu has been appointed acting CEO of Migdal Holdings, where he also serves as chairman. This decision follows the resignation of the former CEO, Yossi Ben Baruch. Migdal Holdings is seeking to appoint a permanent CEO, possibly an internal candidate. The leadership of the subsidiary Migdal Insurance remains unchanged.
The story in 4 lines · by baba
- Shlomo Eliyahu, 90, is now acting CEO of Migdal Holdings, also serving as its chairman.
- Eliyahu's appointment follows the resignation of former Migdal Holdings CEO Yossi Ben Baruch.
- Migdal Holdings aims to appoint a permanent CEO soon, possibly from within the company.
- The leadership of the subsidiary Migdal Insurance remains unchanged.
Shlomo Eliyahu, the controlling shareholder of the insurance company Migdal, has decided to take on the role of acting CEO of Migdal Holdings at the age of 90. Eliyahu also serves as the chairman of Migdal Holdings. This move comes in light of the resignation of the previous CEO of Migdal Holdings, Yossi Ben Baruch. The company hopes to appoint a permanent CEO for the holding company soon, potentially from within the organization rather than an external hire. The CEOs and chairmen of the subsidiary Migdal Insurance, Ronen Agassi and Raveev Tso'ar respectively, will remain in their positions.
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