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Ongoing Story· Today

Founder's Daughter Ousted From Trade Role at Hazi Hinam

2 developments

YnetEconomy

Daughter of "Chai Chinam" Founder Departs After Power Cut

Translated & summarized from Ynet by baba

CenterCharged tone

Hebrew · 2 newsrooms covering

Orit Shalom Bag, daughter of "Chai Chinam" founder Zakhi Shalom and its former Trade Department manager, has been fired by CEO Moti Cooperly. This follows Cooperly's alleged efforts to remove her and his recruitment of Nissim Freienti to replace her in January. The move is part of an internal conflict that previously saw Shalom Bag removed as co-CEO. Sources suggest her powers were curtailed to force her resignation.

The story in 5 lines · by baba

  • Orit Shalom Bag, daughter of "Chai Chinam" founder, has been fired from her role as Trade Department manager.
  • CEO Moti Cooperly announced Shalom Bag's termination, stating operations would continue normally.
  • Nissim Freienti is expected to replace Shalom Bag in January, having been recruited by Cooperly.
  • Shalom Bag was previously removed as co-CEO amid internal partner conflicts.
  • Sources claim her responsibilities were reduced to encourage her resignation.

Orit Shalom Bag, daughter of "Chai Chinam" founder Zakhi Shalom and formerly the company's Trade Department manager, has had her employment terminated. The decision was announced by CEO Moti Cooperly, who had reportedly been working to push her out since his appointment two months prior. Cooperly stated in a letter to suppliers that while Shalom Bag's role is concluded, the Trade Department's operations will continue as usual, with all commercial and operational matters to be directed to the designated trade coordinator until further notice.

This development follows a report that Cooperly had already recruited Nissim Freienti, the Deputy Trade Director of "Good Pharm," to replace Shalom Bag. Freienti is expected to join "Chai Chinam" in January. This escalation is seen as a consequence of internal conflict among the company's partners, which previously led to Shalom Bag's ouster as co-CEO.

Sources close to senior management described a situation where Shalom Bag was present at the company offices but lacked influence, particularly in trade matters. "She hears, like many in the industry, that they hired Freienti and that he is talking to suppliers and saying he will come in a few months to manage trade," one source said, adding that Freienti was recruited behind her back and without her knowledge, while her authority in advertising and marketing was also reduced.

Another source indicated that Cooperly himself has been managing trade operations recently, with Shalom Bag's involvement limited to day-to-day tasks like opening new product varieties. Significant trade agreements and decisions are reportedly only approved by Cooperly. Insiders believe these actions are intended to demoralize Shalom Bag and encourage her resignation, signaling that she no longer has a place in the company.

YnetCentre · Rishon LeZion

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