Full coverage· Economy· Updated
El Al Chairman Seeks $7 Million Annual Compensation Package
El Al is proposing to increase Chairman Amiqam Ben Zvi's annual compensation to approximately 7.03 million shekels, including salary, bonuses, and stock awards. The proposal will be voted on by shareholders on November 26th.
2 newsrooms · 1 language · since
Plus
What happened
- 01El Al Chairman Amiqam Ben Zvi's compensation package is proposed to increase to 7.03 million shekels annually.
- 02Shareholders will vote on the compensation increase and liability exemptions on November 26th.
- 03El Al's stock performance qualified it for the TA-35 index, effective November 5th.
- 04The airline faces increased competition as foreign carriers resume flights to Israel.
- 05The company also seeks liability exemptions for its CEO and Deputy Chairmen.
The airline's stock has recently surged, helping it qualify for the TA-35 index starting November 5th, amidst the return of foreign airlines to Israel.
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