Doron Arbeli and Nati Saidoff (private album photo, Flash 90 / Hadas Porush)
The board of Shikun VeBinui has approved the appointment of Doron Arbeli as chairman of the company. Arbeli, who served as director of the tax authority, will replace Tamir Cohen, who will continue to serve as CEO. The company’s chairman. Arbeli will replace Tamir Cohen, who will serve as CEO of Shikun VeBinui.
Recall that last year Shikun VeBinui was supposed to take a significant step forward on the way to entering new areas and was preparing for an IPO of Shikun VeBinui Energy. This issue was rejected due to contacts with Paz for the merger.
At the end of the day and after a stubborn rumor mill about the reasons that prevented the merger of Housing and Construction Energy with Paz, Paz decided to merge with Freshmarket and become a retail company.
Shikun VeBinui, which was surprised that its generous offer was not accepted, was preparing to return to the issuance of its renewable energy arm, but this has not yet happened and is not expected, a year after the issuance is returned to the decision-makers’ table.
As mentioned, Arbeli previously served as Director of the Tax Authority and Head of the Customs Administration at the Tax Authority and as CEO of the Postal Bank, and currently serves as an adviser on tax matters to companies and organizations. Adv. Doron Arbeli has been an independent director of Housing and Construction since 2018 and will replace the current chairman, Tamir Cohen, who will continue in his position as CEO of the company.
Tamir Cohen, said today that Arbeli is well acquainted with Shikun VeBinui and has been a partner in the significant moves made in the company over the past three years, and that he is confident that the company under Chairman Arbeli will continue to operate in a value-flooding strategy for investors in all areas.
Doron Arbeli said today that he thanks the members of the board for choosing and trusting him, and that he is confident in the continued success of Shikun VeBinui.
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