New group appointments Discount Investments The board of directors decided today on the appointment of the CEO of DSK andProperties and building Doron Cohen, for the position of chairman of the two companies. At the same time, the board of directors decided to appoint Adv. Natalie Mashan-entitled For the position of CEO of Daskash and CEO of Properties and Building.
For the past eight years, Mishan-Zakkai has served as Deputy CEO of Harel Insurance and Finance and as the Chief Legal Adviser of the Harel Group. Prior to joining Harel, she was a partner in the Fischer-Bachar-Chen law firm and headed the Capital Markets and Securities Department.
At the time of the appointments’ entry into force, Tzachi Nachmias will terminate his position as Chairman of the Board of Directors of DSKS and will continue to serve as a member of the Board of Directors. Nachmias stated that “DKSH Group faces many complex challenges, including lowering leverage in the group, performing streamlining procedures, focusing on and improving the group’s core business, including real estate assets in various companies in the group, including Gev Yam, whose agreement to acquire control was recently signed. Many require significant managerial inputs and therefore the board of directors of DSK decided to appoint an active chairman of the company. I would like to thankDoron Cohen For his successful tenure as CEO and wish him success in his role as Chairman. The board of directors has decided to appoint Natalie Mashan-Zakkai, who is highly regarded in the business sector and the capital market. I am convinced that the combination of Doron and Natalie will bear fruit for all stakeholders at DKS. I personally will continue to accompany DSKS as a director and contribute from my experience. “
Yair Hamburger, the controlling owner of Harel, sent an email to employees in which he wrote that “Natalie was a secret wife. She was one of the pillars of the group and now she is advancing to a senior position in the business sector in Israel.
Cohen is completing a successful term
Cohen was appointed CEO of DSK by the group’s previous controlling shareholder, Eduardo Elstein. Following Elstein’s departure, Cohen announced his resignation, but eventually decided to stay and gained the trust of the company’s shareholders.
Doron Cohen / Photo: Tamar Mitzpi
Cohen completes a successful term as CEO, during which the deal was signed to acquire Aaron Frenkel’s holdings in the company Back-sea And to regain control of it, and a takeover bid for 5% of Gev Yam shares was successfully completed. In addition, the headquarters of DSKS and Properties and Building were merged as part of an efficiency plan, and Cohen was appointed CEO of Properties and Building in addition to his position.
As CEO of Properties and Building, Cohen led the sale of most of the company’s assets, including the HSBC Tower in New York, the Tivoli Project in Las Vegas, the Centers and Properties House in Tel Aviv, the Avgad House in Mandarin Beach and land on the Mandarin Beach. NIS 4.335 billion, while at the same time Gev-Yam shares were purchased for NIS 3.45 billion.