Eyal Melis, CEO of the Tnuva Group, has informed the company’s board of directors that he wishes to end his position. Melis will continue in his position until a replacement is appointed. The board will establish a search committee that will start operating immediately.
The announcement comes two months after Tanuva announced price increases for retailers, a move that created a widespread protest led by Israel’s largest food retail chain Shufersal, which did not approve the price increases along with other retailers. At the same time, it was also revealed that the largest dairy in Israel distributed a dividend of NIS 300 million this year.
Eyal Melis joined the Tnuva group 15 years ago as the CEO of the milk division, and 7 years ago he was appointed the CEO of the group, which includes, alongside the milk division, the food division and includes the Mama Chicken, Sunfrost, Delicacies and more brands, Tnuva Chef activity for the institutional market, a factory in the valley which produces protein powders for the local and international market and more. Tnuva employs more than 6,0000 employees throughout the country.
“Eyal is one of the pillars of the company”
“It is impossible to imagine Tnuva without Eyal. He is one of the pillars of the company – a respected business leader, his mind is full of innovative ideas,” said Haim Gavrieli, chairman of Tnuva. By Bright Food. I am happy that Eyal accepted the request to stay as long as we need until a replacement is found and a full overlap is found.”
“The Tnuva Group summarizes six consecutive years of consistent growth, a cost reduction process amounting to hundreds of millions of shekels in recent years, an investment boom made possible by the company’s board of directors, and all this while reducing the debt to a minimum,” said Melis. “We opened the company to the ecosystem of food innovation in Israel while positioning the group as a leader in these fields. I thank from the bottom of my heart the company’s chairman Haim Gabrieli, for the way we have marched the company together, to the Bright Food Group with whom I have marched for more than eight years, and to the company’s board of directors – with everyone I experienced a wonderful partnership. I always knew that the day would come when it was right to pass the management baton on to others and I feel that after 15 wonderful years in Tnuva – including seven years as the group’s CEO – the time has come to move on. I feel young enough to start a new chapter in my career.”