Shikun & Binui Holdings Ltd. (TASE: SKBN) CEO Eyal Lapidot is set to leave the company after just one year in the job due to dissatisfaction with his performance by controlling shareholder Naty Saidoff and chairman of the board Tamir Cohen. Lapidot has been summoned by the board to a hearing, which will take place in the coming few days. RELATED ARTICLES Lapidot calls for change of culture at Shikun & Binui Tue: TASE sharply higher in festive mood Israel's largest solar energy project inaugurated Police recommend indicting Shari Arison for bribery Lapidot was lured to Israel's largest construction, infrastructure and development company with options amounting to 5% of Shikun & Binui worth close to NIS 200 million. However, if Lapidot is forced to leave now he is unlikely to be able to exercise most of the options. Before joining Shikun & Binui, Lapidot had served as CEO of The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) and prior to that of Delek Group Ltd. (TASE: DLEKG) CEO. Published by Globes, Israel business news - en.globes.co.il - on June 16, 2020 © Copyright of Globes Publisher Itonut (1983) Ltd. 2020