Kai Hotels’ VP of Culinary, and the best known member of its management, is Chef Moshik Roth. Roth was to enjoy a salary of NIS 140,000 at the public company plus the exercise of options worth an estimated NIS 2 million, which he received from the company after its IPO. The company’s capital market also eliminates Roth’s options.
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The controlling shareholders in Kai are Menachem Herman (25%) who also serves as CEO, Benjamin Nuri (25%) who serves as chairman and the brothers Zeev and Shlomo Frishman (25% each). Kai was established in 2020 by joining several small companies In the field of resorts, Kai’s activities are carried out in Israel and include the operation of event sites and hospitality and the operation of an events complex, which is located in the Hefer Valley. According to the company, the purchase of land and the construction of a hotel, commercial space and offices will require more than NIS 73 million in the next two years.