Series of senior appointments in the communications industry: The Cellcom board will convene by the end of the week to appoint Avi Gabay, who retired. The meeting was scheduled for last week, but it was decided to postpone it at the last minute. Two leading candidates arrived at the finish line. , And Daniel Sapir – a former senior executive at Cellcom and currently CEO of ICT, owned by the Livnat family.
The two candidates met in recent days for talks with Cellcom chairman Doron Cohen, who was impressed by their extensive experience in the field of communications. Cellcom has been managed without a permanent CEO for about a month, which could impair its day-to-day operations. For another appointment in the industry, fiber company IBC Unlimited appointed former communications ministry director Nati Cohen yesterday as a replacement for Mishael Vaknin, who was previously mentioned as a candidate for management partner.
Cohen has a deep and long-standing familiarity with the communications market and was selected for the position due to his extensive experience in the field of infrastructure. Vaknin was forced to resign after his associate Avi Gabay, the former CEO of Cellcom (which is a leading shareholder in the fiber venture), resigned from the board of directors. The company’s CEO Amir Levy, who announced his resignation, will be replaced by Yossi Hever. Hever has served for the past five years as the CFO of HOT (which is a major shareholder in the fiber venture) and has previously worked for the company for 14 years in various positions.
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Despite the tight schedule, IBC shareholders decided not to appoint him permanent CEO, but to first examine his skills and decide later. The company is held by the IEC (30%) and the rest of the shares are held by IBC in a limited partnership (70%). It is held in equal parts by Cellcom, Keren Tashi and Hot. The company allows surfing at speeds of up to 1,000 megabytes. It provides infrastructure services for Cellcom, Hot, Partner, 018 Expon and more. The network reaches 730,000 households in 60 localities.
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