Economy · Full coverage
Former Israeli Interior Minister Moshe Arbel Set to Receive Lucrative Salary as Mehadrin Chairman
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Calcalist · 6 hours ago
What happened
Former Interior Minister Moshe Arbel, who retired from politics in May 2023, will become chairman of Mehadrin with a compensation package up to 3.4 million shekels annually. His salary and bonuses significantly exceed his previous government earnings. The appointment awaits shareholder approval in September.
- 01Moshe Arbel appointed chairman of Mehadrin after retiring from politics in May 2023.
- 02Arbel’s annual compensation package may reach 3.4 million shekels, pending shareholder approval.
- 03Base salary set at 100,000 shekels monthly, more than double his prior parliamentary pay.
- 04Package includes 1.7 million shekels salary, up to 900,000 shekels bonus, and 750,000 shekels equity compensation.
- 05Equity bonus includes 45,000 stock options exercisable only if share price rises.
- 06Mehadrin, controlled by Delek Group, is expanding in agriculture and real estate sectors.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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