Full coverage· Economy· Updated
Rav-Bariach CEO Shmuel Donerstein to Step Down Amid Company Recovery
Shmuel Donerstein, controlling shareholder of Rav-Bariach, will transition from CEO to Chairman in January, with Tal Knaani set to take over as CEO. This change occurs as the company's stock recovers from a significant slump following the 2023 war, which impacted the construction sector.
2 newsrooms · 1 language · since
Plus
What happened
- 01Shmuel Donerstein will move from CEO to Chairman of Rav-Bariach in January, with Tal Knaani becoming the new CEO.
- 02Rav-Bariach's stock has recovered significantly from a September 2024 low, though it remains below its IPO valuation.
- 03The company's financial performance improved dramatically in the first half of 2026, with profits nearly eight times higher year-over-year.
- 04A sale-leaseback deal for the Ashkelon factory contributed to the company's recent financial gains.
- 05The construction sector slowdown following the October 2023 war had previously impacted Rav-Bariach's performance.
Rav-Bariach reported a substantial profit increase in the first half of 2026, driven by improved performance and a sale-leaseback deal for its Ashkelon factory.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- CentreNone
- RightNone
- HarediNone
- ArabNone
- Other2
How it broke
See which of the 2 newsrooms broke it, and who waited
