Drama in Pavilion Wines: What made the CEO resign

by time news

Pavilion Wines Branch (PR)

Surprise at the CEO of the Bitan Wines Group, Amit Zeev, announced the termination of his position due to the company’s board of directors initiating the process of appointing a new CEO for the company and completing the process by next week, Uri Kilstein is reportedly likely to accept the position.

The chairman of the board of directors of Bitan Wines, Zvika Schweimer: “I thank my colleague for a period of joint and challenging work and wish him much success in his future endeavors. Since acquiring control of Bitan Wines, we have made a number of strategic moves that will change the food market in Israel. We have signed an agreement to open a chain of stores of the global giant Carrefour, which will be built on the infrastructure of 152 Pavilion Wines branches. “

More in-

In addition, we signed an agreement with the world’s leading convenience stores, Saban Elban, to open a chain of stores under the brand in Israel. Also, we have signed an agreement to merge the online activities of Bitan Wines with the online activities of Quick, for a joint venture (51%) of Bitan Wines. These strategic moves are expected to revolutionize the food market, give the company competitive ability and an advantage over competitors and bring value to the Israeli consumer.
“The company’s board of directors has begun the process of appointing a new CEO for the company, who will lead the implementation of the strategic agreements and assimilate the revolutionary changes in the market. The board of directors will complete the process by next week.”

Amit Zeev: “With mixed feelings and against the background of professional disagreements, I decided to end my position. I am proud to leave a company with a completely different DNA than I received several months ago, quality and professional management and a more proud and committed staff. I am convinced that Carrefour’s franchise agreement in Israel, We signed it two months ago, it is the way to create a turning point in the food market in Israel and create value for the consumer and I am sure that it foresees a bright future for the company and its employees. ”

Comments on the article(0):

Your response has been received and will be published subject to system policies.
Thanks.

For a new response

Your response was not sent due to a communication problem, please try again.

Return to comment

You may also like

Leave a Comment