GlobesEconomy
Former Israeli Official Yankie Kuint to Chair Gas Firm NewMed Energy
Translated & summarized from Globes by baba
BusinessNeutral tone
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Kuint replaces Niv Serna, who recently transitioned from chairman to CEO. NewMed Energy is controlled by Yitzhak Tshuva's Delek Group.
The story in 4 lines · by baba
- Yankie Kuint to chair NewMed Energy, a major gas company.
- NewMed Energy holds stakes in Israel's Leviathan and Cyprus' Aphrodite fields.
- Niv Serna recently moved from chairman to CEO of NewMed Energy.
- NewMed Energy is controlled by Yitzhak Tshuva's Delek Group.
The company holds significant stakes in Israel's Leviathan gas field and the Aphrodite field in Cyprus.
Kuint's appointment follows a recent change in leadership at NewMed Energy. Niv Serna was appointed chairman in June and then became CEO just two months later. Kuint is expected to take over as chairman of the company, which is controlled by Yitzhak Tshuva's Delek Group.
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