Aaron Dovrat, CEO of Clal during the 1960s, founder of the Dovrat Shrem Group, and one of the most prominent figures in the Israeli economy, died today in New York. He was born in 1931 in Argentina, and immigrated to Israel in 1958. He was appointed CEO of Clal in 1966.
During his term as Clal CEO, he was known for his personal charm, his government connections, and his leadership, which turned the company into one of Israel's largest corporations.
In April 1991, he founded Dovrat Shrem & Co. with Itschak Shrem. They parted ways in 1998, and Dovrat went on to found a new company, Dovrat & Co., which mainly invests in venture capital funds. He is the father of Shlomo Dovrat, the managing partner of Carmel Ventures and chairman of the Dovrat committee for education reform.
Published by Globes [online], Israel business news - www.globes-online.com - on December 11, 2008
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