Meir Dagan would not have received a salary as chairman of the Ports Company.
Former Mossad director Meir Dagan will apparently forego the position of chairman of Israel Ports Development & Assets Company Ltd.. Sources inform ''Globes'' that Dagan made the decision a few days ago, on the ground of conflicts of interest between the position and jobs he might take in the private sector.
Last week, Dagan was appointed chairman of Ginko Oil Exploration Ltd., which has merged with Simcha Urieli & Sons Engineering & Construction Co, Ltd. (TASE: UREL) (renamed Gulliver Energy Ltd.), the general partner in Zerah Oil and Gas Explorations LP (TASE: ZRAH). In contrast to the private sector, Dagan would not have received a salary as chairman of the Ports Company, and would only be reimbursed for expenses and receive payment for participating in board meetings.
Published by Globes [online], Israel business news - www.globes-online.com - on March 30, 2011
© Copyright of Globes Publisher Itonut (1983) Ltd. 2011