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Full coverage· Economy· Updated

Novolog Appoints New CEO Amid Major Leadership Changes and Ownership Consolidation

Novolog is replacing CEO Aviad Busi with Ze'ev Menzur amid major leadership shifts and ownership consolidation by the Pozis family. The company faces financial challenges including revenue declines, operational setbacks, and loss of key clients, while a rival investor seeks to take control.

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What happened

  1. 01Novolog appoints Ze'ev Menzur as new CEO starting December 2026.
  2. 02CEO Aviad Busi and CFO Yaniv Vidavski are leaving amid ownership consolidation.
  3. 03Pozis family solidifies control after board overhaul and counters rival investor's bid.
  4. 04Novolog's 2025 revenue dropped 11% due to distribution system issues and geopolitical tensions.
  5. 05Adjusted EBITDA fell 12% in H1 2026; net profit declined sharply year-over-year.
  6. 06Novolog's stock value dropped from 1.8 billion to 378 million shekels since 2022.
Translated and summarized by baba from Calcalist, the latest report. Read Calcalist’s original

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