El Al CEO Avigal Soreq announced his resignation yesterday. Sorek, who served in his position from January 2021, explained that he decided to resign following an offer to be appointed CEO of Delek USIn the company in which he served for about ten years in significant positions, up to the position COO. El Al stated that Avigal will continue in his position until a new CEO is appointed.
Sorek served in his position during the corona period in which El Al parted ways with 1,900 of its employees, received government assistance in the amount of $ 314 million and signed a non-binding memorandum of understanding with Arkia, which is controlled by the Nakash brothers (70%) for an allotment of 10% -14% of El About Arkia’s shareholders.
Sorek thanked EL AL employees and wrote: “I leave EL AL in good hands, committed owners, professional and quality management and great employees. Thank you to the amazing EL AL employees. In all my years of work I have not met dedicated people who do their work in faith and out of love for everything he asked for a symbol. ‘
Soreq stressed that his decision came against the background of the understanding that El Al is well prepared for the challenges of returning to routine. “In the end, I chose to resign because of the appointment as CEO of Delek US It is a significant personal circle for me. “