Energy Minister Eli Cohen Refuses to Appoint New Noga CEO
Translated & summarized from Calcalist by baba
Energy Minister Eli Cohen is refusing to appoint Gilead Bar Adon as CEO of Noga, despite the Companies Authority finding no issues with his selection. Cohen has requested an external review of the process, citing significant flaws. The Companies Authority Director previously stated that the candidate is suitable and prioritized leadership over specific experience. Noga has been without a CEO for two years.
The story in 5 lines · by baba
- Energy Minister Eli Cohen refuses to appoint Gilead Bar Adon as Noga CEO, demanding an external review.
- The Companies Authority found no flaws in Bar Adon's selection process and deemed him fit for the role.
- Minister Cohen cited significant flaws in the recruitment process and emphasized the need for deep energy sector knowledge.
- Companies Authority Director Roi Kahalon stated that leadership abilities were prioritized over specific electricity experience.
- Noga, the state-owned electricity sector manager, has been without a CEO for two years.
Energy Minister Eli Cohen is refusing to approve the appointment of Gilead Bar Adon as the new CEO of Noga, the state-owned company managing the electricity sector. This stance comes despite the Companies Authority informing the minister that the selection process for Bar Adon was found to be without flaws and that he is fit for the role.
Cohen responded to the Companies Authority Director Roi Kahalon, stating that Kahalon's assessment was "unsatisfactory and does not shed light on the selection process, and that significant flaws were found in the recruitment process." Unprecedentedly, Cohen is demanding the appointment of an external examiner to review the "legitimacy of the process."
Cohen emphasized Noga's importance to the energy economy and his position that the next CEO must possess high professional suitability, relevant experience, and deep knowledge of the energy sector, particularly the electricity market. Kahalon had previously replied to Cohen, stating that a review of the recruitment process was conducted by the Authority's professional staff and legal department. He concluded that there was no reason to question the process or the candidate's suitability, adding that he prioritized management and leadership abilities over specific experience in the electricity field.
Cohen, however, is not accepting Kahalon's response and insists on an external review. Meanwhile, Noga has been operating without a CEO for two years.