Nesher Israel Cement Enterprises CEO Joel Feldschuh is stepping down after nine years in the job. The move may give an opening for former Better Place Israel CEO Moshe Kaplinsky to get the job. "Globes" reported last week that Kaplinsky had been offered the position.
Feldschuh said, "Over the past nine years, under the leadership of our chairmen and shareholders, and with the teamwork of Nesher's management and employees, to make impressive environmental, social, and business achievements at Nesher. Nesher met all the economy's needs for high-quality products at competitive and fair prices, and most of all, at a high level of service."
Feldschuh added, "Following the transfer of control at the company, I felt that this was the time to step down. I accordingly notified the shareholders today that I will leave on December 31, 2013."
Nesher is a subsidiary of Clal Industries and Investments Ltd. (TASE: CII), which Len Blavatnik's Access Industries Inc. acquired earlier this year from Nochi Dankner's IDB Holding Corp. Ltd. (TASE:IDBH).
Published by Globes [online], Israel business news - www.globes-online.com - on November 26, 2012
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