Nadav Peri Disputes Reports of 12 Million Shekel Departure Package
Translated & summarized from Ice by baba
Former executive Nadav Peri has disputed reports that he received a NIS 12 million severance package after 11 years working for Yitzhak Tshuva. Peri suggested the figure was inflated and that most of it would have been paid in taxes. He also corrected earlier reports about his initial salary, stating it was less than the widely reported NIS 60,000. Peri worked for Delek Drilling, later NewMed Energy, on projects including the Leviathan gas field.
The story in 5 lines · by baba
- Nadav Peri disputes reports of a NIS 12 million severance package from his 11 years with Yitzhak Tshuva.
- Peri claims a large portion of any reported sum would have gone to taxes.
- He suggests the reported figure represented total compensation, not just retirement settlement.
- Peri also stated his initial salary was lower than the reported NIS 60,000.
- He worked for Delek Drilling (NewMed Energy) on the Leviathan gas field development.
Nadav Peri, who worked for businessman Yitzhak Tshuva for 11 years, has challenged reports claiming he left with a NIS 12 million severance package. Peri stated that while he did not deny the figure entirely, a significant portion of it would have gone to taxes. He explained that the reported sum likely represented his total compensation over the decade, not just his retirement settlement, and suggested the calculation was flawed.
Peri, who joined Delek Drilling (later NewMed Energy) in 2015 after a career in journalism, served as the partnership's deputy CEO for regulation and foreign relations. During his tenure, he was involved in implementing the gas outline, securing approvals for the Leviathan field development, and managing the company's communication strategy.
He also addressed earlier reports about his initial salary at Tshuva's company, which claimed it was NIS 60,000. Peri asserted that his first salary was actually lower than the reported figure. When asked if this income allowed him to purchase a villa in Kfar Shmaryahu, he denied it, stating it was far from the case.